Calvert Floating-rate Correlations
CFOAX Fund | USD 8.78 0.01 0.11% |
The current 90-days correlation between Calvert Floating Rate and Gmo Emerging Markets is 0.43 (i.e., Very weak diversification). The correlation of Calvert Floating-rate 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 Floating-rate Correlation With Market
Good diversification
The correlation between Calvert Floating Rate Advantag and DJI is -0.11 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Calvert Floating Rate Advantag and DJI in the same portfolio, assuming nothing else is changed.
Calvert |
Moving together with Calvert Mutual Fund
0.75 | CDHIX | Calvert Developed Market | PairCorr |
0.75 | CDHAX | Calvert Developed Market | PairCorr |
0.63 | CDICX | Calvert Short Duration | PairCorr |
0.76 | CDHRX | Calvert International | PairCorr |
0.68 | CDSRX | Calvert Short Duration | PairCorr |
0.86 | CDSIX | Calvert Short Duration | PairCorr |
0.75 | CVMAX | Calvert Emerging Markets | PairCorr |
0.94 | CVMRX | Calvert Emerging Markets | PairCorr |
0.91 | CVMIX | Calvert Emerging Markets | PairCorr |
0.91 | CVMCX | Calvert Emerging Markets | PairCorr |
0.94 | CEFAX | Calvert Emerging Markets | PairCorr |
0.91 | CEFIX | Congressional Effect | PairCorr |
0.88 | CEMCX | Calvert Emerging Markets | PairCorr |
0.88 | CEMAX | Calvert Emerging Markets | PairCorr |
0.75 | CEYIX | Calvert Equity Portfolio | PairCorr |
0.76 | CEYRX | Calvert Equity | PairCorr |
0.93 | CFAIX | Calvert Conservative | PairCorr |
0.86 | CWVIX | Calvert International | PairCorr |
0.9 | CWVGX | Calvert International | PairCorr |
0.86 | CWVCX | Calvert International | PairCorr |
0.88 | CFICX | Calvert Income | PairCorr |
0.92 | CFJIX | Calvert Large Cap | PairCorr |
0.75 | CFJAX | Calvert Large Cap | PairCorr |
1.0 | CFOIX | Calvert Floating Rate | PairCorr |
0.93 | CFWCX | Calvert Global Water | PairCorr |
0.93 | CFWAX | Calvert Global Water | PairCorr |
0.73 | CFWIX | Calvert Global Water | PairCorr |
0.94 | CGAEX | Calvert Global Energy | PairCorr |
0.63 | CGAFX | Calvert Green Bond | PairCorr |
0.92 | CGACX | Calvert Global Energy | PairCorr |
0.67 | CGBIX | Calvert Green Bond | PairCorr |
0.95 | CGJAX | Calvert Large Cap | PairCorr |
0.92 | CGJIX | Calvert Large Cap | PairCorr |
0.95 | CGLIX | Calvert Global Equity | PairCorr |
0.95 | CGLAX | Calvert Global Equity | PairCorr |
0.74 | CYBAX | Calvert High Yield | PairCorr |
0.96 | CYBRX | Calvert High Yield | PairCorr |
0.8 | CYBIX | Calvert High Yield | PairCorr |
0.72 | CHBCX | Calvert High Yield | PairCorr |
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