Calvert Ultra Short Duration Fund Market Value
| CULRX Fund | USD 9.90 0.01 0.10% |
| Symbol | Calvert |
Calvert Ultra-short '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 Ultra-short'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 Ultra-short.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in Calvert Ultra-short on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Calvert Ultra Short Duration or generate 0.0% return on investment in Calvert Ultra-short over 60 days. Calvert Ultra-short 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 by investing, under normal circumstances, at least 80 percent of its ... More
Calvert Ultra-short 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 Ultra-short'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 Ultra Short Duration upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1109 | |||
| Information Ratio | (0.27) | |||
| Maximum Drawdown | 0.5071 | |||
| Value At Risk | (0.10) | |||
| Potential Upside | 0.1011 |
Calvert Ultra-short Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Calvert Ultra-short's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Calvert Ultra-short's standard deviation. In reality, there are many statistical measures that can use Calvert Ultra-short historical prices to predict the future Calvert Ultra-short's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.16) | |||
| Treynor Ratio | (0.96) |
Calvert Ultra Short Backtested Returns
At this stage we consider Calvert Mutual Fund to be very steady. Calvert Ultra Short secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the fund had a 0.13% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Calvert Ultra Short Duration, which you can use to evaluate the volatility of the entity. Please confirm Calvert Ultra-short's Risk Adjusted Performance of (0.06), mean deviation of 0.0268, and Coefficient Of Variation of 1411.45 to double-check if the risk estimate we provide is consistent with the expected return of 0.0082%. The fund shows a Beta (market volatility) of 0.0056, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Calvert Ultra-short's returns are expected to increase less than the market. However, during the bear market, the loss of holding Calvert Ultra-short is expected to be smaller as well.
Auto-correlation | 0.40 |
Average predictability
Calvert Ultra Short Duration has average predictability. Overlapping area represents the amount of predictability between Calvert Ultra-short time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th of January 2025. 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 Ultra Short price movement. The serial correlation of 0.4 indicates that just about 40.0% of current Calvert Ultra-short price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.4 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Calvert Ultra Short lagged returns against current returns
Autocorrelation, which is Calvert Ultra-short 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 Ultra-short's mutual fund expected returns. We can calculate the autocorrelation of Calvert Ultra-short returns to help us make a trade decision. For example, suppose you find that Calvert Ultra-short 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 Ultra-short 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 Ultra-short mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Calvert Ultra-short 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 Ultra-short mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Calvert Ultra-short Lagged Returns
When evaluating Calvert Ultra-short's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Calvert Ultra-short mutual fund have on its future price. Calvert Ultra-short 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 Ultra-short autocorrelation shows the relationship between Calvert Ultra-short mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Calvert Ultra Short Duration.
Regressed Prices |
| Timeline |
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Other Information on Investing in Calvert Mutual Fund
Calvert Ultra-short 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 Ultra-short security.
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