Calvert Short Duration Fund Market Value
| CDICX Fund | USD 15.52 0.01 0.06% |
| Symbol | Calvert |
Calvert 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 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 Short.
| 01/06/2023 |
| 11/26/2024 |
If you would invest 0.00 in Calvert Short on January 6, 2023 and sell it all today you would earn a total of 0.00 from holding Calvert Short Duration or generate 0.0% return on investment in Calvert Short over 690 days. Calvert Short is related to or competes with Calvert Small, Calvert Bond, Calvert Emerging, T Rowe, and Calvert Equity. The fund typically invests at least 65 percent of its net assets in investment grade, U.S More
Calvert 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 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 Short Duration upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1287 | |||
| Information Ratio | (1.06) | |||
| Maximum Drawdown | 0.6415 | |||
| Value At Risk | (0.13) | |||
| Potential Upside | 0.1939 |
Calvert Short Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Calvert Short's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Calvert Short's standard deviation. In reality, there are many statistical measures that can use Calvert Short historical prices to predict the future Calvert Short's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.96) | |||
| Treynor Ratio | (0.48) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Calvert Short's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Calvert Short Duration Backtested Returns
At this stage we consider Calvert Mutual Fund to be very steady. Calvert Short Duration secures Sharpe Ratio (or Efficiency) of 0.0181, which signifies that the fund had a 0.0181% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Calvert Short Duration, which you can use to evaluate the volatility of the entity. Please confirm Calvert Short's Mean Deviation of 0.086, downside deviation of 0.1287, and Risk Adjusted Performance of (0.02) to double-check if the risk estimate we provide is consistent with the expected return of 0.0021%. The fund shows a Beta (market volatility) of 0.0104, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Calvert Short's returns are expected to increase less than the market. However, during the bear market, the loss of holding Calvert Short is expected to be smaller as well.
Auto-correlation | 0.73 |
Good predictability
Calvert Short Duration has good predictability. Overlapping area represents the amount of predictability between Calvert Short time series from 6th of January 2023 to 17th of December 2023 and 17th of December 2023 to 26th 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 Short Duration price movement. The serial correlation of 0.73 indicates that around 73.0% of current Calvert Short price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Calvert Short Duration lagged returns against current returns
Autocorrelation, which is Calvert 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 Short's mutual fund expected returns. We can calculate the autocorrelation of Calvert Short returns to help us make a trade decision. For example, suppose you find that Calvert 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 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 Short mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Calvert 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 Short mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Calvert Short Lagged Returns
When evaluating Calvert Short's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Calvert Short mutual fund have on its future price. Calvert 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 Short autocorrelation shows the relationship between Calvert Short mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Calvert Short Duration.
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 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 Short security.
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