Calvert Income Fund Probability of Future Mutual Fund Price Finishing Under 14.76
| CFICX Fund | USD 15.09 0.04 0.27% |
Calvert |
Calvert Income Target Price Odds to finish below 14.76
The tendency of Calvert Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 14.76 or more in 90 days |
| 15.09 | 90 days | 14.76 | near 1 |
Based on a normal probability distribution, the odds of Calvert Income to drop to $ 14.76 or more in 90 days from now is near 1 (This Calvert Income Fund probability density function shows the probability of Calvert Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Calvert Income price to stay between $ 14.76 and its current price of $15.09 at the end of the 90-day period is about 35.71 .
Assuming the 90 days horizon Calvert Income Fund has a beta of -0.0397 suggesting as returns on the benchmark increase, returns on holding Calvert Income are expected to decrease at a much lower rate. During a bear market, however, Calvert Income Fund is likely to outperform the market. Additionally Calvert Income Fund has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Calvert Income Price Density |
| Price |
Predictive Modules for Calvert Income
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Calvert Income. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.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 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Calvert Income is not an exception. The market had few large corrections towards the Calvert Income's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Calvert Income Fund, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Calvert Income within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0071 | |
β | Beta against Dow Jones | -0.04 | |
σ | Overall volatility | 0.14 | |
Ir | Information ratio | -0.48 |
Calvert Income Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Calvert Income for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Calvert Income can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Calvert Income generated a negative expected return over the last 90 days | |
| The fund generated three year return of -1.0% | |
| Calvert Income holds about 11.43% of its assets under management (AUM) in fixed income securities |
Calvert Income Technical Analysis
Calvert Income's future price can be derived by breaking down and analyzing its technical indicators over time. Calvert Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Calvert Income Fund. In general, you should focus on analyzing Calvert Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Calvert Income Predictive Forecast Models
Calvert Income's time-series forecasting models is one of many Calvert Income's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Calvert Income's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Calvert Income
Checking the ongoing alerts about Calvert Income for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Calvert Income help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Calvert Income generated a negative expected return over the last 90 days | |
| The fund generated three year return of -1.0% | |
| Calvert Income holds about 11.43% of its assets under management (AUM) in fixed income securities |
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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