Calvert International Equity Fund Market Value
| CIESX Fund | USD 23.97 0.14 0.59% |
| Symbol | Calvert |
Calvert International '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 International'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 International.
| 09/25/2024 |
| 12/24/2024 |
If you would invest 0.00 in Calvert International on September 25, 2024 and sell it all today you would earn a total of 0.00 from holding Calvert International Equity or generate 0.0% return on investment in Calvert International over 90 days. Calvert International is related to or competes with Calvert Equity, Calvert Small, Calvert Bond, Calvert Large, and Calvert Capital. The fund normally invests at least 80 percent of its net assets, including borrowings for investment purposes, in equity... More
Calvert International 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 International'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 International Equity upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 4.79 | |||
| Value At Risk | (1.83) | |||
| Potential Upside | 0.9457 |
Calvert International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Calvert International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Calvert International's standard deviation. In reality, there are many statistical measures that can use Calvert International historical prices to predict the future Calvert International's volatility.| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | 3.47 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Calvert International'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 International Backtested Returns
Calvert International secures Sharpe Ratio (or Efficiency) of -0.17, which signifies that the fund had a -0.17% return per unit of risk over the last 3 months. Calvert International Equity exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Calvert International's Standard Deviation of 0.8816, mean deviation of 0.6864, and Risk Adjusted Performance of (0.14) to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of -0.0488, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Calvert International are expected to decrease at a much lower rate. During the bear market, Calvert International is likely to outperform the market.
Auto-correlation | -0.03 |
Very weak reverse predictability
Calvert International Equity has very weak reverse predictability. Overlapping area represents the amount of predictability between Calvert International time series from 25th of September 2024 to 9th of November 2024 and 9th of November 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 International price movement. The serial correlation of -0.03 indicates that only 3.0% of current Calvert International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.21 |
Calvert International lagged returns against current returns
Autocorrelation, which is Calvert International 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 International's mutual fund expected returns. We can calculate the autocorrelation of Calvert International returns to help us make a trade decision. For example, suppose you find that Calvert International 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 International 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 International mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Calvert International 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 International mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Calvert International Lagged Returns
When evaluating Calvert International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Calvert International mutual fund have on its future price. Calvert International 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 International autocorrelation shows the relationship between Calvert International mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Calvert International Equity.
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 International 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 International security.
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