Calvert Green Correlations

CGBIX Fund

USD 14.41 0.07 0.49%

The current 90-days correlation between Calvert Green Bond and Dunham Porategovernment Bond is 0.04 (i.e., Significant diversification). The correlation of Calvert Green 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.

Check out Trending Equities to better understand how to build diversified portfolios. 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

0.71	CDICX	Calvert Short Duration	Pair Corr
0.72	CDHRX	Calvert International	Pair Corr
0.84	CDSRX	Calvert Short Duration	Pair Corr
0.98	CDSIX	Calvert Short Duration	Pair Corr
0.72	CVMAX	Calvert Emerging Markets	Pair Corr
0.63	CVMRX	Calvert Emerging Markets	Pair Corr
0.72	CVMIX	Calvert Emerging Markets	Pair Corr
0.61	CVMCX	Calvert Emerging Markets	Pair Corr
0.81	CEFAX	Calvert Emerging Markets	Pair Corr
0.8	CEFIX	Congressional Effect	Pair Corr
0.76	CFAIX	Calvert Conservative	Pair Corr
0.65	CFICX	Calvert Income	Pair Corr
0.73	CFOIX	Calvert Floating Rate	Pair Corr
0.82	CFWCX	Calvert Global Water	Pair Corr
0.82	CFWAX	Calvert Global Water	Pair Corr
0.69	CFWIX	Calvert Global Water	Pair Corr
0.64	CGARX	Calvert Responsible Index	Pair Corr
0.66	CGAFX	Calvert Green Bond	Pair Corr
0.7	CGACX	Calvert Global Energy	Pair Corr
0.8	CGJIX	Calvert Large Cap	Pair Corr
0.64	CYBAX	Calvert High Yield	Pair Corr
0.8	CYBRX	Calvert High Yield	Pair Corr
0.64	CYBIX	Calvert High Yield	Pair Corr
0.94	CHBCX	Calvert High Yield	Pair Corr

Moving against Calvert Mutual Fund

0.42	CWVIX	Calvert International	Pair Corr
0.4	CWVCX	Calvert International	Pair Corr
0.37	CWVGX	Calvert International	Pair Corr
0.42	CIESX	Calvert International	Pair Corr

Related Correlations Analysis

	DNCGX	RFBAX	FCSCX	SMAAX	JGBZX
DNCGX		0.96	0.93	0.95	0.99	DNCGX
RFBAX	0.96		0.95	0.96	0.94	RFBAX
FCSCX	0.93	0.95		0.94	0.92	FCSCX
SMAAX	0.95	0.96	0.94		0.92	SMAAX
JGBZX	0.99	0.94	0.92	0.92		JGBZX
	DNCGX	RFBAX	FCSCX	SMAAX	JGBZX

Risk-Adjusted Indicators

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

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
DNCGX	0.19	0.04	(0.22)	0.78	(0.26)	0.48	(0.32)	1.06
RFBAX	0.10	0.01	(0.37)	0.66	(0.21)	0.20	(0.20)	0.59
FCSCX	0.06	0.01	(0.56)	1.19	(0.21)	0.27	(0.13)	0.54
SMAAX	0.08	0.03	(0.61)	(4.02)	(0.14)	0.20	(0.10)	0.40
JGBZX	0.21	0.04	(0.22)	0.96	(0.27)	0.42	(0.31)	1.15

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

2025 Macroaxis LLC

Calvert Green Correlations

Moving together with Calvert Mutual Fund

Moving against Calvert Mutual Fund

Related Correlations Analysis

Risk-Adjusted Indicators

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY