Calvert Unconstrained Bond Fund Market Value
| CUBIX Fund | USD 14.52 0.02 0.14% |
| Symbol | Calvert |
Calvert Unconstrained '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 Unconstrained'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 Unconstrained.
| 01/05/2023 |
| 12/25/2024 |
If you would invest 0.00 in Calvert Unconstrained on January 5, 2023 and sell it all today you would earn a total of 0.00 from holding Calvert Unconstrained Bond or generate 0.0% return on investment in Calvert Unconstrained over 720 days. Calvert Unconstrained is related to or competes with Calvert Developed, Calvert Developed, Calvert Short, Calvert International, Calvert Short, Calvert Short, and Calvert Emerging. The fund seeks to achieve its investment objective through a flexible investment process that allocates investments acro... More
Calvert Unconstrained 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 Unconstrained'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 Unconstrained Bond upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.37) | |||
| Maximum Drawdown | 0.8918 | |||
| Value At Risk | (0.27) | |||
| Potential Upside | 0.2062 |
Calvert Unconstrained Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Calvert Unconstrained's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Calvert Unconstrained's standard deviation. In reality, there are many statistical measures that can use Calvert Unconstrained historical prices to predict the future Calvert Unconstrained's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | (0.95) |
Calvert Unconstrained Backtested Returns
Calvert Unconstrained secures Sharpe Ratio (or Efficiency) of -0.0956, which signifies that the fund had a -0.0956% return per unit of risk over the last 3 months. Calvert Unconstrained Bond exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Calvert Unconstrained's Mean Deviation of 0.1347, standard deviation of 0.178, and Risk Adjusted Performance of (0.13) to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.0322, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Calvert Unconstrained's returns are expected to increase less than the market. However, during the bear market, the loss of holding Calvert Unconstrained is expected to be smaller as well.
Auto-correlation | 0.71 |
Good predictability
Calvert Unconstrained Bond has good predictability. Overlapping area represents the amount of predictability between Calvert Unconstrained time series from 5th of January 2023 to 31st of December 2023 and 31st of December 2023 to 25th 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 Unconstrained price movement. The serial correlation of 0.71 indicates that around 71.0% of current Calvert Unconstrained price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
Calvert Unconstrained lagged returns against current returns
Autocorrelation, which is Calvert Unconstrained 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 Unconstrained's mutual fund expected returns. We can calculate the autocorrelation of Calvert Unconstrained returns to help us make a trade decision. For example, suppose you find that Calvert Unconstrained 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 Unconstrained 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 Unconstrained mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Calvert Unconstrained 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 Unconstrained mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Calvert Unconstrained Lagged Returns
When evaluating Calvert Unconstrained's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Calvert Unconstrained mutual fund have on its future price. Calvert Unconstrained 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 Unconstrained autocorrelation shows the relationship between Calvert Unconstrained mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Calvert Unconstrained 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 Unconstrained 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 Unconstrained security.
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