Calvert Income Fund Market Value
| CINCX Fund | USD 15.17 0.05 0.33% |
| Symbol | Calvert |
Calvert Income '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 Income'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 Income.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in Calvert Income on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding Calvert Income Fund or generate 0.0% return on investment in Calvert Income over 720 days. Calvert Income is related to or competes with Calvert Developed, Calvert Developed, Calvert Short, Calvert International, Calvert Short, Calvert Short, and Calvert Emerging. The fund typically invests at least 65 percent of its net assets in investment grade, U.S More
Calvert Income 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 Income'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 Income Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2868 | |||
| Information Ratio | (0.50) | |||
| Maximum Drawdown | 1.13 | |||
| Value At Risk | (0.46) | |||
| Potential Upside | 0.3963 |
Calvert Income Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Calvert Income's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Calvert Income's standard deviation. In reality, there are many statistical measures that can use Calvert Income historical prices to predict the future Calvert Income's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.46) | |||
| Treynor Ratio | 0.1671 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Calvert Income'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 Income Backtested Returns
Calvert Income secures Sharpe Ratio (or Efficiency) of -0.0025, which signifies that the fund had a -0.0025% return per unit of risk over the last 3 months. Calvert Income Fund exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Calvert Income's Mean Deviation of 0.2082, risk adjusted performance of (0.01), and Downside Deviation of 0.2868 to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of -0.0338, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Calvert Income are expected to decrease at a much lower rate. During the bear market, Calvert Income is likely to outperform the market.
Auto-correlation | -0.41 |
Modest reverse predictability
Calvert Income Fund has modest reverse predictability. Overlapping area represents the amount of predictability between Calvert Income time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 to 1st 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 Income price movement. The serial correlation of -0.41 indicates that just about 41.0% of current Calvert Income price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.41 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.17 |
Calvert Income lagged returns against current returns
Autocorrelation, which is Calvert Income 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 Income's mutual fund expected returns. We can calculate the autocorrelation of Calvert Income returns to help us make a trade decision. For example, suppose you find that Calvert Income 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 Income 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 Income mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Calvert Income 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 Income mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Calvert Income Lagged Returns
When evaluating Calvert Income's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Calvert Income mutual fund have on its future price. Calvert Income 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 Income autocorrelation shows the relationship between Calvert Income mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Calvert Income Fund.
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 Income 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 Income security.
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