Calvert Global Water Fund Market Value
| CFWCX Fund | USD 24.47 0.24 0.97% |
| Symbol | Calvert |
Calvert Global '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 Global'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 Global.
| 12/29/2024 |
| 03/29/2025 |
If you would invest 0.00 in Calvert Global on December 29, 2024 and sell it all today you would earn a total of 0.00 from holding Calvert Global Water or generate 0.0% return on investment in Calvert Global over 90 days. Calvert Global is related to or competes with Calvert Global, Calvert Global, Calvert Us, Calvert Global, and Calvert Small. The fund normally invests at least 80 percent of its net assets in equity securities of U.S More
Calvert Global 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 Global'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 Global Water upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7045 | |||
| Information Ratio | 0.06 | |||
| Maximum Drawdown | 3.12 | |||
| Value At Risk | (1.11) | |||
| Potential Upside | 1.41 |
Calvert Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Calvert Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Calvert Global's standard deviation. In reality, there are many statistical measures that can use Calvert Global historical prices to predict the future Calvert Global's volatility.| Risk Adjusted Performance | 4.0E-4 | |||
| Jensen Alpha | 0.027 | |||
| Total Risk Alpha | 0.039 | |||
| Sortino Ratio | 0.0644 | |||
| Treynor Ratio | (0.01) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Calvert Global's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Calvert Global Water Backtested Returns
At this stage we consider Calvert Mutual Fund to be very steady. Calvert Global Water secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that the fund had a close to zero % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Calvert Global Water, which you can use to evaluate the volatility of the entity. Please confirm Calvert Global's Downside Deviation of 0.7045, risk adjusted performance of 4.0E-4, and Mean Deviation of 0.5904 to double-check if the risk estimate we provide is consistent with the expected return of 0.0075%. The fund shows a Beta (market volatility) of 0.66, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Calvert Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Calvert Global is expected to be smaller as well.
Auto-correlation | 0.03 |
Virtually no predictability
Calvert Global Water has virtually no predictability. Overlapping area represents the amount of predictability between Calvert Global time series from 29th of December 2024 to 12th of February 2025 and 12th of February 2025 to 29th of March 2025. 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 Global Water price movement. The serial correlation of 0.03 indicates that only 3.0% of current Calvert Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Calvert Global Water lagged returns against current returns
Autocorrelation, which is Calvert Global 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 Global's mutual fund expected returns. We can calculate the autocorrelation of Calvert Global returns to help us make a trade decision. For example, suppose you find that Calvert Global 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 Global 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 Global mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Calvert Global 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 Global mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Calvert Global Lagged Returns
When evaluating Calvert Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Calvert Global mutual fund have on its future price. Calvert Global 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 Global autocorrelation shows the relationship between Calvert Global mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Calvert Global Water.
Regressed Prices |
| Timeline |
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Other Information on Investing in Calvert Mutual Fund
Calvert Global 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 Global security.
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