Calvert Long Term Income Fund Market Value
| CLDAX Fund | USD 15.62 0.01 0.06% |
| Symbol | Calvert |
Calvert Long-term '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 Long-term'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 Long-term.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Calvert Long-term on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Calvert Long Term Income or generate 0.0% return on investment in Calvert Long-term over 30 days. Calvert Long-term 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 80 percent of its net assets in investment grade, U.S More
Calvert Long-term 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 Long-term'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 Long Term Income upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.55) | |||
| Maximum Drawdown | 1.19 | |||
| Value At Risk | (0.51) | |||
| Potential Upside | 0.4389 |
Calvert Long-term Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Calvert Long-term's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Calvert Long-term's standard deviation. In reality, there are many statistical measures that can use Calvert Long-term historical prices to predict the future Calvert Long-term's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | 0.4908 |
Calvert Long Term Backtested Returns
Calvert Long Term secures Sharpe Ratio (or Efficiency) of -0.1, which signifies that the fund had a -0.1% return per unit of risk over the last 3 months. Calvert Long Term Income exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Calvert Long-term's Mean Deviation of 0.2106, risk adjusted performance of (0.08), and Standard Deviation of 0.2734 to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of -0.0628, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Calvert Long-term are expected to decrease at a much lower rate. During the bear market, Calvert Long-term is likely to outperform the market.
Auto-correlation | -0.24 |
Weak reverse predictability
Calvert Long Term Income has weak reverse predictability. Overlapping area represents the amount of predictability between Calvert Long-term time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Long Term price movement. The serial correlation of -0.24 indicates that over 24.0% of current Calvert Long-term price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.24 | |
| Spearman Rank Test | -0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Calvert Long Term lagged returns against current returns
Autocorrelation, which is Calvert Long-term 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 Long-term's mutual fund expected returns. We can calculate the autocorrelation of Calvert Long-term returns to help us make a trade decision. For example, suppose you find that Calvert Long-term 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 Long-term 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 Long-term mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Calvert Long-term 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 Long-term mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Calvert Long-term Lagged Returns
When evaluating Calvert Long-term's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Calvert Long-term mutual fund have on its future price. Calvert Long-term 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 Long-term autocorrelation shows the relationship between Calvert Long-term mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Calvert Long Term Income.
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 Long-term 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 Long-term security.
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