Calvert Smallmid Cap A Fund Market Value
| CMPAX Fund | 29.15 0.52 1.82% |
| Symbol | Calvert |
Calvert Small/mid-cap '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 Small/mid-cap'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 Small/mid-cap.
| 12/06/2022 |
| 11/25/2024 |
If you would invest 0.00 in Calvert Small/mid-cap on December 6, 2022 and sell it all today you would earn a total of 0.00 from holding Calvert Smallmid Cap A or generate 0.0% return on investment in Calvert Small/mid-cap over 720 days. Calvert Small/mid-cap is related to or competes with Calvert Developed, Calvert Developed, Calvert Short, Calvert International, Calvert Short, Calvert Short, and Calvert Emerging. Under normal market conditions, the fund invests at least 80 percent of its net assets in common stocks of small- to mid... More
Calvert Small/mid-cap 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 Small/mid-cap'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 Smallmid Cap A upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7801 | |||
| Information Ratio | 0.0125 | |||
| Maximum Drawdown | 4.93 | |||
| Value At Risk | (1.17) | |||
| Potential Upside | 1.56 |
Calvert Small/mid-cap Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Calvert Small/mid-cap's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Calvert Small/mid-cap's standard deviation. In reality, there are many statistical measures that can use Calvert Small/mid-cap historical prices to predict the future Calvert Small/mid-cap's volatility.| Risk Adjusted Performance | 0.1179 | |||
| Jensen Alpha | 5.0E-4 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0151 | |||
| Treynor Ratio | 0.1212 |
Calvert Small/mid-cap Backtested Returns
At this stage we consider Calvert Mutual Fund to be very steady. Calvert Small/mid-cap secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the fund had a 0.14% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Calvert Smallmid Cap A, which you can use to evaluate the volatility of the entity. Please confirm Calvert Small/mid-cap's Downside Deviation of 0.7801, mean deviation of 0.6941, and Risk Adjusted Performance of 0.1179 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%. The fund shows a Beta (market volatility) of 1.09, which signifies a somewhat significant risk relative to the market. Calvert Small/mid-cap returns are very sensitive to returns on the market. As the market goes up or down, Calvert Small/mid-cap is expected to follow.
Auto-correlation | 0.09 |
Virtually no predictability
Calvert Smallmid Cap A has virtually no predictability. Overlapping area represents the amount of predictability between Calvert Small/mid-cap time series from 6th of December 2022 to 1st of December 2023 and 1st of December 2023 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 Small/mid-cap price movement. The serial correlation of 0.09 indicates that less than 9.0% of current Calvert Small/mid-cap price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.09 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
Calvert Small/mid-cap lagged returns against current returns
Autocorrelation, which is Calvert Small/mid-cap 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 Small/mid-cap's mutual fund expected returns. We can calculate the autocorrelation of Calvert Small/mid-cap returns to help us make a trade decision. For example, suppose you find that Calvert Small/mid-cap 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 Small/mid-cap 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 Small/mid-cap mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Calvert Small/mid-cap 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 Small/mid-cap mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Calvert Small/mid-cap Lagged Returns
When evaluating Calvert Small/mid-cap's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Calvert Small/mid-cap mutual fund have on its future price. Calvert Small/mid-cap 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 Small/mid-cap autocorrelation shows the relationship between Calvert Small/mid-cap mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Calvert Smallmid Cap A.
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 Small/mid-cap 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 Small/mid-cap security.
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