Calvert Bond Correlations

Mutual Funds . USA . 
Fund . Calvert Bond Portfolio
CSIBX Fund  USD 14.57  0.04  0.28%   
The current 90-days correlation between Calvert Bond Portfolio and Dunham Large Cap is -0.08 (i.e., Good diversification). The correlation of Calvert Bond 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 Bond Correlation With Market

Average diversification

The correlation between Calvert Bond Portfolio and DJI is 0.15 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Calvert Bond Portfolio 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 Bond Portfolio. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as various price indices.

Moving together with Calvert Mutual Fund

  1.0MWTNX Metropolitan West TotalPairCorr
  1.0MWTSX Metropolitan West TotalPairCorr
  0.99PTTPX Pimco Total ReturnPairCorr
  0.99PTRRX Total ReturnPairCorr
  0.99PTRAX Total ReturnPairCorr
  1.0PTTRX Total ReturnPairCorr
  1.0FIWGX Strategic AdvisersPairCorr
  1.0DODIX Dodge IncomePairCorr
  1.0MWTIX Metropolitan West TotalPairCorr
  1.0MWTRX Metropolitan West TotalPairCorr
  0.88MRK Merck Company Fiscal Year End 6th of February 2025 PairCorr

Moving against Calvert Mutual Fund

  0.72VSTSX Vanguard Total StockPairCorr
  0.72VSMPX Vanguard Total StockPairCorr
  0.72VITSX Vanguard Total StockPairCorr
  0.72VFFSX Vanguard 500 IndexPairCorr
  0.72VFIAX Vanguard 500 IndexPairCorr
  0.72VINIX Vanguard InstitutionalPairCorr
  0.82CSCO Cisco Systems Sell-off TrendPairCorr
  0.75CVX Chevron Corp Sell-off TrendPairCorr
  0.75JPM JPMorgan Chase Sell-off TrendPairCorr
  0.74AA Alcoa Corp Fiscal Year End 15th of January 2025 PairCorr
  0.72VTSAX Vanguard Total StockPairCorr
  0.71HPQ HP IncPairCorr
  0.66TRV The Travelers Companies Fiscal Year End 17th of January 2025 PairCorr
  0.62XOM Exxon Mobil Corp Fiscal Year End 7th of February 2025 PairCorr
  0.61INTC Intel Fiscal Year End 23rd of January 2025 PairCorr
  0.57WMT Walmart Aggressive PushPairCorr
  0.57DIS Walt Disney Sell-off TrendPairCorr
  0.57CAT Caterpillar Fiscal Year End 3rd of February 2025 PairCorr

Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between Calvert Mutual Fund performing well and Calvert Bond 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 Bond'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.

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