Calvert Green Mutual Fund Forward View - Simple Moving Average
| CGAFX Fund | USD 14.15 -0.10 -0.70% |
Calvert Green's Simple Moving Average reference data is generated by applying the model to available daily closing prices. Accuracy metrics including mean absolute deviation are provided alongside the projection.
The Simple Moving Average forecasted value of Calvert Green Bond on the next trading day is expected to be 14.15 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.45.The simple moving average model is conceptually a linear regression of the current value of Calvert Green Bond price series against current and previous (unobserved) value of Calvert Green. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future Calvert Green's Simple Moving Average reference data is provided for informational and analytical purposes and does not constitute a trading recommendation. Simple Moving Average Price Forecast For the 25th of March
Given 90 days horizon, the Simple Moving Average forecasted value of Calvert Green Bond on the next trading day is expected to be 14.15 with a mean absolute deviation of 0.02 , mean absolute percentage error of 0.0011 , and the sum of the absolute errors of 1.45 .Please note that although there have been many attempts to predict Calvert Mutual Fund prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Calvert Green's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Mutual Fund Forecast Pattern
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Forecasted Value
The next-day forecast for Calvert Green Bond focuses on identifying predictive downside and upside bands that can frame a realistic trading range. The current forecast range spans downside near 13.95 and upside near 14.35.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Calvert Green mutual fund data series using in forecasting. Note that when a statistical model is used to represent Calvert Green mutual fund, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 107.6361 |
| Bias | Arithmetic mean of the errors | 0.0019 |
| MAD | Mean absolute deviation | 0.0246 |
| MAPE | Mean absolute percentage error | 0.0017 |
| SAE | Sum of the absolute errors | 1.45 |
Other Forecasting Options for Calvert Green
Analyzing Calvert Green's price movement through moving averages at different time horizons reveals whether short-term momentum aligns with the longer-term trend. Touches of the upper or lower band in Calvert Green's chart can signal overbought or oversold conditions.Calvert Green Related Equities
These firms work in a similar space as Calvert Green within the Intermediate Core Bond space and serve as useful points for comparison. Peer review on balance sheet metrics shows how Calvert Green's capital structure stacks up against similar firms.
| Risk & Return | Correlation |
Calvert Green Market Strength Events
Market strength indicators for Calvert Green mutual fund provide a framework for assessing security responsiveness. These metrics are widely used to refine market timing and identify favorable moments to trade Calvert Green.
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 14.15 | |||
| Day Typical Price | 14.15 | |||
| Price Action Indicator | -0.05 | |||
| Period Momentum Indicator | -0.10 | |||
| Relative Strength Index | 35.94 |
Calvert Green Risk Indicators
Assessing Calvert Green's risk indicators is a critical component of any rigorous approach to forecasting its future price. Forecasting Calvert Green's future price accurately requires understanding and quantifying the risks present in the investment.
| Mean Deviation | 0.1468 | |||
| Standard Deviation | 0.1983 | |||
| Variance | 0.0393 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for Calvert Green
Story coverage around Calvert Green Bond often expands when market conditions, narrative momentum, or risk-adjusted performance make the security more visible to investors. The stronger process compares story flow with performance, theme classification, and the level of short-term market interest.
Other Macroaxis Stories
Macroaxis story coverage is designed for a broad investing audience that ranges from self-directed traders to advisers, researchers, and institutional market participants. The content is intended to support people who want a more structured path from headline information to portfolio action.