Calvert Moderate Correlations

Mutual Funds . USA . 
Fund . Calvert Moderate Allocation
CLAIX Fund  USD 22.92  0.10  0.44%   
The current 90-days correlation between Calvert Moderate All and Aqr Managed Futures is 0.51 (i.e., Very weak diversification). The correlation of Calvert Moderate is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Calvert Moderate Correlation With Market

Very poor diversification

The correlation between Calvert Moderate Allocation and DJI is 0.82 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Calvert Moderate Allocation and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Calvert Moderate Allocation. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Moving together with Calvert Mutual Fund

  0.85CEYIX Calvert Equity PortfolioPairCorr
  0.85CEYRX Calvert EquityPairCorr
  0.61CFAIX Calvert ConservativePairCorr
  0.78CFJIX Calvert Large CapPairCorr
  0.78CFJAX Calvert Large CapPairCorr
  0.62CFWCX Calvert Global WaterPairCorr
  0.64CFWAX Calvert Global WaterPairCorr
  0.64CFWIX Calvert Global WaterPairCorr
  0.98CGARX Calvert Responsible IndexPairCorr
  0.79CGJAX Calvert Large CapPairCorr
  0.79CGJIX Calvert Large CapPairCorr
  0.88CGLIX Calvert Global EquityPairCorr
  0.87CGLAX Calvert Global EquityPairCorr
  0.72CYBAX Calvert High YieldPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Calvert Mutual Fund performing well and Calvert Moderate Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Calvert Moderate's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2024 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY