Calvert Green Bond Fund Market Value

CGAFX Fund  USD 14.10  0.02  0.14%   
Calvert Green's market value is the price at which a share of Calvert Green trades on a public exchange. It measures the collective expectations of Calvert Green Bond investors about its performance. Calvert Green is trading at 14.10 as of the 11th of December 2024; that is 0.14% down since the beginning of the trading day. The fund's open price was 14.12.
With this module, you can estimate the performance of a buy and hold strategy of Calvert Green Bond and determine expected loss or profit from investing in Calvert Green over a given investment horizon. Check out Calvert Green Correlation, Calvert Green Volatility and Calvert Green Alpha and Beta module to complement your research on Calvert Green.
Symbol

Please note, there is a significant difference between Calvert Green's value and its price as these two are different measures arrived at by different means. Investors typically determine if Calvert Green is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Calvert Green's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Calvert Green '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 Green'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 Green.
0.00
11/11/2024
No Change 0.00  0.0 
In 31 days
12/11/2024
0.00
If you would invest  0.00  in Calvert Green on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Calvert Green Bond or generate 0.0% return on investment in Calvert Green over 30 days. Calvert Green is related to or competes with SCOR PK, Morningstar Unconstrained, Via Renewables, Bondbloxx ETF, Spring Valley, 70082LAB3, and Bondbloxx ETF. Under normal circumstances, the fund invests at least 80 percent of its net assets in green bonds More

Calvert Green 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 Green'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 Green Bond upside and downside potential and time the market with a certain degree of confidence.

Calvert Green Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Calvert Green's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Calvert Green's standard deviation. In reality, there are many statistical measures that can use Calvert Green historical prices to predict the future Calvert Green's volatility.
Hype
Prediction
LowEstimatedHigh
13.8514.1214.39
Details
Intrinsic
Valuation
LowRealHigh
13.8614.1314.40
Details
Naive
Forecast
LowNextHigh
13.9114.1814.45
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
13.8314.1014.38
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Calvert Green. Your research has to be compared to or analyzed against Calvert Green's peers to derive any actionable benefits. When done correctly, Calvert Green's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Calvert Green Bond.

Calvert Green Bond Backtested Returns

Calvert Green Bond secures Sharpe Ratio (or Efficiency) of -0.0783, which signifies that the fund had a -0.0783% return per unit of risk over the last 3 months. Calvert Green Bond exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Calvert Green's Mean Deviation of 0.1985, risk adjusted performance of (0.07), and Standard Deviation of 0.263 to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of -0.0199, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Calvert Green are expected to decrease at a much lower rate. During the bear market, Calvert Green is likely to outperform the market.

Auto-correlation

    
  -0.53  

Good reverse predictability

Calvert Green Bond has good reverse predictability. Overlapping area represents the amount of predictability between Calvert Green time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 Green Bond price movement. The serial correlation of -0.53 indicates that about 53.0% of current Calvert Green price fluctuation can be explain by its past prices.
Correlation Coefficient-0.53
Spearman Rank Test-0.15
Residual Average0.0
Price Variance0.0

Calvert Green Bond lagged returns against current returns

Autocorrelation, which is Calvert Green 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 Green's mutual fund expected returns. We can calculate the autocorrelation of Calvert Green returns to help us make a trade decision. For example, suppose you find that Calvert Green 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 Green 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 Green mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Calvert Green 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 Green mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Calvert Green Lagged Returns

When evaluating Calvert Green's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Calvert Green mutual fund have on its future price. Calvert Green 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 Green autocorrelation shows the relationship between Calvert Green mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Calvert Green Bond.
   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 Green 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 Green security.
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