Calvert Aggressive Allocation Fund Market Value
| CAAAX Fund | USD 27.56 0.11 0.40% |
| Symbol | Calvert |
Calvert Aggressive 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Calvert Aggressive's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Calvert Aggressive.
| 01/04/2023 |
| 12/24/2024 |
If you would invest 0.00 in Calvert Aggressive on January 4, 2023 and sell it all today you would earn a total of 0.00 from holding Calvert Aggressive Allocation or generate 0.0% return on investment in Calvert Aggressive over 720 days. Calvert Aggressive is related to or competes with Aqr Large, Jhancock Disciplined, Dunham Large, Avantis Large, Transamerica Large, American Mutual, and Guidemark Large. The fund is a fund of funds that seeks to achieve its investment objective by primarily allocating its assets among unde... More
Calvert Aggressive Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Calvert Aggressive's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Calvert Aggressive Allocation upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6921 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 3.77 | |||
| Value At Risk | (0.82) | |||
| Potential Upside | 0.7709 |
Calvert Aggressive Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Calvert Aggressive's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Calvert Aggressive's standard deviation. In reality, there are many statistical measures that can use Calvert Aggressive historical prices to predict the future Calvert Aggressive's volatility.| Risk Adjusted Performance | (0.0009) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (0.01) |
Calvert Aggressive Backtested Returns
Calvert Aggressive secures Sharpe Ratio (or Efficiency) of -0.0045, which signifies that the fund had a -0.0045% return per unit of risk over the last 3 months. Calvert Aggressive Allocation exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Calvert Aggressive's Downside Deviation of 0.6921, mean deviation of 0.4477, and Risk Adjusted Performance of (0.0009) to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.63, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Calvert Aggressive's returns are expected to increase less than the market. However, during the bear market, the loss of holding Calvert Aggressive is expected to be smaller as well.
Auto-correlation | 0.25 |
Poor predictability
Calvert Aggressive Allocation has poor predictability. Overlapping area represents the amount of predictability between Calvert Aggressive time series from 4th of January 2023 to 30th of December 2023 and 30th of December 2023 to 24th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Calvert Aggressive price movement. The serial correlation of 0.25 indicates that over 25.0% of current Calvert Aggressive price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 1.6 |
Calvert Aggressive lagged returns against current returns
Autocorrelation, which is Calvert Aggressive mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Calvert Aggressive's mutual fund expected returns. We can calculate the autocorrelation of Calvert Aggressive returns to help us make a trade decision. For example, suppose you find that Calvert Aggressive has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Calvert Aggressive regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Calvert Aggressive mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Calvert Aggressive mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Calvert Aggressive mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Calvert Aggressive Lagged Returns
When evaluating Calvert Aggressive's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Calvert Aggressive mutual fund have on its future price. Calvert Aggressive autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Calvert Aggressive autocorrelation shows the relationship between Calvert Aggressive mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Calvert Aggressive Allocation.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Calvert Mutual Fund
Calvert Aggressive financial ratios help investors to determine whether Calvert Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Calvert with respect to the benefits of owning Calvert Aggressive security.
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