Calvert Smallmid Cap A Fund Market Value
| CMPAX Fund | 26.85 0.02 0.07% |
| Symbol | Calvert |
Calvert Smallmid '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 Smallmid'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 Smallmid.
| 11/17/2024 |
| 12/17/2024 |
If you would invest 0.00 in Calvert Smallmid on November 17, 2024 and sell it all today you would earn a total of 0.00 from holding Calvert Smallmid Cap A or generate 0.0% return on investment in Calvert Smallmid over 30 days. Calvert Smallmid is related to or competes with Transamerica Emerging, Kinetics Market, Sp Midcap, Barings Emerging, and Extended Market. Under normal market conditions, the fund invests at least 80 percent of its net assets in common stocks of small- to mid... More
Calvert Smallmid 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 Smallmid'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 Smallmid Cap A upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.39 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 10.76 | |||
| Value At Risk | (1.17) | |||
| Potential Upside | 1.56 |
Calvert Smallmid Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Calvert Smallmid's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Calvert Smallmid's standard deviation. In reality, there are many statistical measures that can use Calvert Smallmid historical prices to predict the future Calvert Smallmid's volatility.| Risk Adjusted Performance | 0.0142 | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.006 |
Calvert Smallmid Cap Backtested Returns
At this stage we consider Calvert Mutual Fund to be very steady. Calvert Smallmid Cap secures Sharpe Ratio (or Efficiency) of 0.0048, which signifies that the fund had a 0.0048% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Calvert Smallmid Cap A, which you can use to evaluate the volatility of the entity. Please confirm Calvert Smallmid's Downside Deviation of 1.39, risk adjusted performance of 0.0142, and Mean Deviation of 0.7283 to double-check if the risk estimate we provide is consistent with the expected return of 0.006%. The fund shows a Beta (market volatility) of 1.17, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Calvert Smallmid will likely underperform.
Auto-correlation | -0.72 |
Almost perfect reverse predictability
Calvert Smallmid Cap A has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Calvert Smallmid time series from 17th of November 2024 to 2nd of December 2024 and 2nd of December 2024 to 17th 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 Smallmid Cap price movement. The serial correlation of -0.72 indicates that around 72.0% of current Calvert Smallmid price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.72 | |
| Spearman Rank Test | -0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 1.17 |
Calvert Smallmid Cap lagged returns against current returns
Autocorrelation, which is Calvert Smallmid 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 Smallmid's mutual fund expected returns. We can calculate the autocorrelation of Calvert Smallmid returns to help us make a trade decision. For example, suppose you find that Calvert Smallmid 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 Smallmid 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 Smallmid mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Calvert Smallmid 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 Smallmid mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Calvert Smallmid Lagged Returns
When evaluating Calvert Smallmid's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Calvert Smallmid mutual fund have on its future price. Calvert Smallmid 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 Smallmid autocorrelation shows the relationship between Calvert Smallmid mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Calvert Smallmid Cap A.
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 Smallmid 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 Smallmid security.
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