Calvert Income Fund Market Value

CIFCX Fund  USD 15.15  0.03  0.20%   
Calvert Income's market value is the price at which a share of Calvert Income trades on a public exchange. It measures the collective expectations of Calvert Income Fund investors about its performance. Calvert Income is trading at 15.15 as of the 11th of December 2024; that is 0.2 percent decrease since the beginning of the trading day. The fund's open price was 15.18.
With this module, you can estimate the performance of a buy and hold strategy of Calvert Income Fund and determine expected loss or profit from investing in Calvert Income over a given investment horizon. Check out Calvert Income Correlation, Calvert Income Volatility and Calvert Income Alpha and Beta module to complement your research on Calvert Income.
Symbol

Please note, there is a significant difference between Calvert Income's value and its price as these two are different measures arrived at by different means. Investors typically determine if Calvert Income is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Calvert Income'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 Income '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 Income'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 Income.
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 Income on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Calvert Income Fund or generate 0.0% return on investment in Calvert Income over 30 days. Calvert Income is related to or competes with National Tax, T Rowe, Ab Global, Dreyfusstandish Global, Alliancebernstein, and Blrc Sgy. The fund typically invests at least 65 percent of its net assets in investment grade, U.S More

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

Calvert Income Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Calvert Income's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Calvert Income's standard deviation. In reality, there are many statistical measures that can use Calvert Income historical prices to predict the future Calvert Income's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Calvert Income'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.
Hype
Prediction
LowEstimatedHigh
14.8615.1515.44
Details
Intrinsic
Valuation
LowRealHigh
14.8515.1415.43
Details
Naive
Forecast
LowNextHigh
14.9115.2115.50
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
14.8014.9915.18
Details

Calvert Income Backtested Returns

Calvert Income secures Sharpe Ratio (or Efficiency) of -0.0301, which signifies that the fund had a -0.0301% return per unit of risk over the last 3 months. Calvert Income Fund exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Calvert Income's Standard Deviation of 0.2903, mean deviation of 0.2118, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of -0.0041, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Calvert Income are expected to decrease at a much lower rate. During the bear market, Calvert Income is likely to outperform the market.

Auto-correlation

    
  -0.2  

Insignificant reverse predictability

Calvert Income Fund has insignificant reverse predictability. Overlapping area represents the amount of predictability between Calvert Income 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 Income price movement. The serial correlation of -0.2 indicates that over 20.0% of current Calvert Income price fluctuation can be explain by its past prices.
Correlation Coefficient-0.2
Spearman Rank Test0.02
Residual Average0.0
Price Variance0.0

Calvert Income lagged returns against current returns

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

Calvert Income Lagged Returns

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

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Other Information on Investing in Calvert Mutual Fund

Calvert Income 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 Income security.
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