Calvert Global Energy Fund Market Value
| CAEIX Fund | USD 11.20 0.11 0.97% |
| Symbol | Calvert |
Calvert Global '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 Global'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 Global.
| 02/01/2024 |
| 11/27/2024 |
If you would invest 0.00 in Calvert Global on February 1, 2024 and sell it all today you would earn a total of 0.00 from holding Calvert Global Energy or generate 0.0% return on investment in Calvert Global over 300 days. Calvert Global is related to or competes with Federated Government, Morningstar Municipal, The Hartford, Nuveen Minnesota, T Rowe, and Bbh Intermediate. The fund concentrates in the sustainable energy solutions industry and normally invests at least 80 percent of its net a... More
Calvert Global 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 Global'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 Global Energy upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 4.62 | |||
| Value At Risk | (1.95) | |||
| Potential Upside | 1.53 |
Calvert Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Calvert Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Calvert Global's standard deviation. In reality, there are many statistical measures that can use Calvert Global historical prices to predict the future Calvert Global's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.11) |
Calvert Global Energy Backtested Returns
Calvert Global Energy secures Sharpe Ratio (or Efficiency) of -0.0258, which signifies that the fund had a -0.0258% return per unit of risk over the last 3 months. Calvert Global Energy exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Calvert Global's Mean Deviation of 0.7425, standard deviation of 0.9471, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.41, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Calvert Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Calvert Global is expected to be smaller as well.
Auto-correlation | 0.23 |
Weak predictability
Calvert Global Energy has weak predictability. Overlapping area represents the amount of predictability between Calvert Global time series from 1st of February 2024 to 30th of June 2024 and 30th of June 2024 to 27th of November 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 Global Energy price movement. The serial correlation of 0.23 indicates that over 23.0% of current Calvert Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Calvert Global Energy lagged returns against current returns
Autocorrelation, which is Calvert Global 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 Global's mutual fund expected returns. We can calculate the autocorrelation of Calvert Global returns to help us make a trade decision. For example, suppose you find that Calvert Global 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 Global 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 Global mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Calvert Global 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 Global mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Calvert Global Lagged Returns
When evaluating Calvert Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Calvert Global mutual fund have on its future price. Calvert Global 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 Global autocorrelation shows the relationship between Calvert Global mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Calvert Global Energy.
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 Global 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 Global security.
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |