Calvert Floating Rate Advantage Fund Manager Performance Evaluation
| CFOIX Fund | USD 8.97 0.01 0.11% |
The fund shows a Beta (market volatility) of -0.0121, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Calvert Floating-rate are expected to decrease at a much lower rate. During the bear market, Calvert Floating-rate is likely to outperform the market.
Risk-Adjusted Performance
17 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Calvert Floating Rate Advantage are ranked lower than 17 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong forward indicators, Calvert Floating-rate is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more1 | Historic cabin on upper St. Croix River restored with federal funding - St. Croix 360 | 12/20/2024 |
| Expense Ratio Date | 19th of April 2023 | |
| Expense Ratio | 2.5700 |
Calvert |
Calvert Floating-rate Relative Risk vs. Return Landscape
If you would invest 878.00 in Calvert Floating Rate Advantage on October 21, 2024 and sell it today you would earn a total of 19.00 from holding Calvert Floating Rate Advantage or generate 2.16% return on investment over 90 days. Calvert Floating Rate Advantage is currently producing 0.0347% returns and takes up 0.1591% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than Calvert, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Calvert Floating-rate Current Valuation
Overvalued
Today
Please note that Calvert Floating-rate's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Calvert Floating Rate shows a prevailing Real Value of $8.23 per share. The current price of the fund is $8.97. We determine the value of Calvert Floating Rate from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will blend.
Since Calvert Floating-rate is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Calvert Mutual Fund. However, Calvert Floating-rate's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 8.97 | Real 8.23 | Hype 8.97 |
The intrinsic value of Calvert Floating-rate's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Calvert Floating-rate's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Calvert Floating Rate Advantage helps investors to forecast how Calvert mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Calvert Floating-rate more accurately as focusing exclusively on Calvert Floating-rate's fundamentals will not take into account other important factors: Calvert Floating-rate Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Calvert Floating-rate's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Calvert Floating Rate Advantage, and traders can use it to determine the average amount a Calvert Floating-rate's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2178
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CFOIX |
Estimated Market Risk
| 0.16 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Calvert Floating-rate is performing at about 17% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Calvert Floating-rate by adding it to a well-diversified portfolio.
Calvert Floating-rate Fundamentals Growth
Calvert Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Calvert Floating-rate, and Calvert Floating-rate fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Calvert Mutual Fund performance.
| Total Asset | 40.97 M | ||||
About Calvert Floating-rate Performance
Evaluating Calvert Floating-rate's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Calvert Floating-rate has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Calvert Floating-rate has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Under normal circumstances, the fund invests at least 80 percent of its net assets in income producing floating rate loans and other floating rate debt securities. It invests primarily in senior floating rate loans of domestic and foreign borrowers . The fund currently borrows for the purpose of acquiring additional income-producing investments . It may invest up to 35 percent of its net assets in foreign Senior Loans.Things to note about Calvert Floating Rate performance evaluation
Checking the ongoing alerts about Calvert Floating-rate for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Calvert Floating Rate help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund holds about 6.39% of its assets under management (AUM) in cash |
- Analyzing Calvert Floating-rate's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Calvert Floating-rate's stock is overvalued or undervalued compared to its peers.
- Examining Calvert Floating-rate's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Calvert Floating-rate's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Calvert Floating-rate's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Calvert Floating-rate's mutual fund. These opinions can provide insight into Calvert Floating-rate's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Calvert Mutual Fund
Calvert Floating-rate 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 Floating-rate security.
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