Calvert Fund Fund Market Value
| CGECX Fund | USD 9.31 0.00 0.00% |
| Symbol | Calvert |
Calvert Fund '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 Fund'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 Fund.
| 11/24/2024 |
| 12/24/2024 |
If you would invest 0.00 in Calvert Fund on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding Calvert Fund or generate 0.0% return on investment in Calvert Fund over 30 days. Calvert Fund is related to or competes with Calvert Developed, Calvert Developed, Calvert Short, Calvert International, Calvert Short, Calvert Short, and Calvert Emerging. Under normal circumstances, at least 80 percent of the funds assets will be invested in securities of companies in the r... More
Calvert Fund 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 Fund'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 Fund upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 3.08 | |||
| Value At Risk | (0.85) | |||
| Potential Upside | 0.7617 |
Calvert Fund Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Calvert Fund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Calvert Fund's standard deviation. In reality, there are many statistical measures that can use Calvert Fund historical prices to predict the future Calvert Fund's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | 1.03 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Calvert Fund'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 Fund Backtested Returns
Calvert Fund secures Sharpe Ratio (or Efficiency) of -0.0787, which signifies that the fund had a -0.0787% return per unit of risk over the last 3 months. Calvert Fund exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Calvert Fund's Risk Adjusted Performance of (0.06), mean deviation of 0.2488, and Standard Deviation of 0.4536 to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of -0.0415, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Calvert Fund are expected to decrease at a much lower rate. During the bear market, Calvert Fund is likely to outperform the market.
Auto-correlation | 0.00 |
No correlation between past and present
Calvert Fund has no correlation between past and present. Overlapping area represents the amount of predictability between Calvert Fund time series from 24th of November 2024 to 9th of December 2024 and 9th of December 2024 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 Fund price movement. The serial correlation of 0.0 indicates that just 0.0% of current Calvert Fund price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Calvert Fund lagged returns against current returns
Autocorrelation, which is Calvert Fund 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 Fund's mutual fund expected returns. We can calculate the autocorrelation of Calvert Fund returns to help us make a trade decision. For example, suppose you find that Calvert Fund 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 Fund 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 Fund mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Calvert Fund 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 Fund mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Calvert Fund Lagged Returns
When evaluating Calvert Fund's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Calvert Fund mutual fund have on its future price. Calvert Fund 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 Fund autocorrelation shows the relationship between Calvert Fund mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Calvert Fund .
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 Fund 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 Fund security.
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Fundamental Analysis View fundamental data based on most recent published financial statements |