Calvert Unconstrained Bond Fund Volatility
| CUBAX Fund | USD 14.86 -0.02 -0.13% |
Calvert Unconstrained Bond continues to exhibit a minimal volatility profile over the designated horizon. Calvert Unconstrained Bond posts a Sharpe Ratio (Efficiency) of 0.025, indicating risk-adjusted returns over the last 3 months. Current risk dynamics are supported by 26 technical indicators.
Sharpe Ratio = 0.025
| High Returns | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CUBAX |
Calvert Unconstrained Bond reported a Market Risk Adjusted Performance of -0.2%, a Risk of 0.14, and a Risk Adjusted Performance of -0.02%. Based on monthly moving average positioning, CALVERT UNCONSTRAINED is operating near 1% of its observed historical performance range. Within a well-diversified portfolio, its contribution would depend on correlation and allocation weight.
Key indicators related to CALVERT UNCONSTRAINED's volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
CALVERT UNCONSTRAINED Mutual Fund volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of CALVERT daily returns, and it is calculated using variance and standard deviation.
CALVERT |
Volatility Strategy
Calvert Unconstrained Bond price volatility may influence cost basis positioning and portfolio weighting over time. Price retracements and recoveries can alter allocation balance. Current statistical measures show total volatility near 0.14% with a beta coefficient of 0.0196, indicating sensitivity relative to the broader market benchmark. Risk-adjusted efficiency, represented by a Sharpe ratio of 0.025, evaluates return per unit of total risk. An alpha value of -0.002879 reflects performance relative to systematic market exposure. Expected return estimates near 0.0034% are derived from historical distribution modeling and help frame forward-looking return assumptions within a portfolio context. Volatility effects depend on underlying market structure and exposure characteristics.
Main indicators related to CALVERT UNCONSTRAINED's market risk premium analysis include:
Beta 0.0196 | Alpha -0.0029 | Risk 0.14 | Sharpe Ratio 0.025 | Expected Return 0.0034 |
Moving together with CALVERT Mutual Fund
| 0.92 | CDHIX | Calvert Developed Market | PairCorr |
| 0.95 | CDHAX | Calvert Developed Market | PairCorr |
| 0.97 | CDICX | Calvert Short Duration | PairCorr |
| 0.92 | CDHRX | Calvert International | PairCorr |
| 0.94 | CDSRX | Calvert Short Duration | PairCorr |
| 0.94 | CDSIX | Calvert Short Duration | PairCorr |
| 0.92 | CVMAX | Calvert Emerging Markets | PairCorr |
| 0.91 | CVMRX | Calvert Emerging Markets | PairCorr |
| 0.91 | CVMIX | Calvert Emerging Markets | PairCorr |
| 0.91 | CVMCX | Calvert Emerging Markets | PairCorr |
| 0.88 | CEFIX | Congressional Effect | PairCorr |
| 0.88 | CEMCX | Calvert Emerging Markets | PairCorr |
| 0.85 | CEMAX | Calvert Emerging Markets | PairCorr |
| 0.72 | CFAIX | Calvert Conservative | PairCorr |
| 0.92 | CFICX | Calvert Income | PairCorr |
| 0.86 | CFJIX | Calvert Large Cap | PairCorr |
| 0.85 | CFJAX | Calvert Large Cap | PairCorr |
| 0.89 | CFWCX | Calvert Global Water | PairCorr |
| 0.89 | CGAEX | Calvert Global Energy | PairCorr |
| 0.91 | CGAFX | Calvert Green Bond | PairCorr |
| 0.89 | CGACX | Calvert Global Energy | PairCorr |
| 0.91 | CGBIX | Calvert Green Bond | PairCorr |
| 0.65 | CGLIX | Calvert Global Equity | PairCorr |
Moving against CALVERT Mutual Fund
Sensitivity To Market
CALVERT UNCONSTRAINED beta coefficient measures the volatility of CALVERT mutual fund relative to the systematic risk of the overall market benchmark. Mathematically, beta represents the slope of the regression line comparing CALVERT returns against market returns. A beta of 0.0196 indicates the degree of sensitivity to market-wide movements. Current total volatility is approximately 0.14%.Calvert Unconstrained Bond has shown noticeable price swings over the selected period. Downside deviation is about 0.16% and standard deviation is about 0.13%, which summarize how widely returns have moved. A fund’s volatility level is shaped by diversification, sector concentration, and the mix of assets held.
| α | -0.0029 | β | 0.02 | Check current 90 days CALVERT UNCONSTRAINED correlation with market (Dow Jones Industrial)
Downside Risk
CALVERT standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. A typical volatile entity has a high standard deviation, while the deviation of a stable instrument is usually low.
Standard Deviation | 0.14 |
It is essential to understand the difference between upside risk (as represented by CALVERT UNCONSTRAINED's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of CALVERT UNCONSTRAINED's daily returns or price. Calvert Unconstrained Bond reported a Downside Deviation of 0.16, a Downside Variance of 0.03, and a Maximum Drawdown of 0.80.
Mutual Fund Volatility Analysis
Volatility refers to the frequency at which CALVERT UNCONSTRAINED fund price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with CALVERT UNCONSTRAINED's price changes.
Transformation |
This analysis covers sixty-one data points across the selected time horizon. Calvert Unconstrained Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
Projected Return Density Against Market
Assuming a 90-day horizon CALVERT UNCONSTRAINED has a beta of 0.0196 suggesting as returns on the market go up, CALVERT UNCONSTRAINED's average returns are expected to increase less than the benchmark. However, during a bear market, the loss from holding Calvert Unconstrained Bond is expected to be smaller as well.CALVERT UNCONSTRAINED is exposed to both systematic and unsystematic risk. Systematic risk reflects broader mutual fund market movements, while company or sector-specific developments represent nonmarket drivers. Diversification may reduce specific risk, but market exposure remains. Beta and standard deviation help quantify volatility. Calvert Unconstrained Bond reported a Downside Deviation of 0.16, a Mean Deviation of 0.09, and a Semi Deviation of 0.10.
Predicted Return Density |
| Returns |
What Drives CALVERT UNCONSTRAINED's Price Volatility?
Several factors can influence CALVERT UNCONSTRAINED's market volatility:Industry Dynamics
Sector-level events can directly affect CALVERT UNCONSTRAINED's price stability. Regulatory changes, supply disruptions, or shifts in demand within CALVERT UNCONSTRAINED's industry may create volatility even when the broader market is calm. Competitive dynamics and industry consolidation can also amplify price swings for companies like CALVERT UNCONSTRAINED.Political and Economic Environment
Macroeconomic conditions and policy decisions shape the backdrop for CALVERT UNCONSTRAINED's price movements. Interest rate changes, trade policy shifts, and fiscal legislation can all alter investor sentiment toward CALVERT UNCONSTRAINED. During periods of economic expansion, CALVERT UNCONSTRAINED's price tends to benefit from broader market optimism, while downturns can amplify selling pressure.CALVERT UNCONSTRAINED's Company-Specific Factors
Volatility can also stem from events unique to CALVERT UNCONSTRAINED. Earnings surprises, management changes, product launches, or legal developments may trigger sharp price reactions in CALVERT UNCONSTRAINED's stock. Conversely, operational setbacks, guidance revisions, or data breaches can weigh on CALVERT UNCONSTRAINED's share price.Mutual Fund Risk Measures
Assuming a 90-day horizon the coefficient of variation of CALVERT UNCONSTRAINED is 4001.98. The daily returns are distributed with a variance of 0.02 and standard deviation of 0.14. The mean deviation of Calvert Unconstrained Bond is currently at 0.09. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.8
α | Alpha over Dow Jones | -0.0029 | |
β | Beta against Dow Jones | 0.02 | |
σ | Overall volatility | 0.14 | |
Ir | Information ratio | 0.70 |
Mutual Fund Return Volatility
CALVERT UNCONSTRAINED historical daily return volatility represents how much of CALVERT UNCONSTRAINED fund's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The fund reported 0.1362% volatility on return distribution over a 90-day investment horizon. By contrast, Dow Jones Industrial has volatility of 0.8248% on return distribution over a 90-day investment horizon. Performance |
| Timeline |
Related Correlations Analysis
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
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Risk-Adjusted Indicators
There is a big difference between CALVERT Mutual Fund performing well and CALVERT UNCONSTRAINED 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 UNCONSTRAINED'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 | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
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| WTIBX | 0.16 | -0.01 | 0.00 | -0.22 | 0.00 | 0.32 | 1.04 | |||
| JASBX | 0.07 | 0.00 | 0.25 | -0.30 | 0.08 | 0.35 | 0.69 | |||
| JSHNX | 0.06 | -0.01 | 0.00 | 0.71 | 0.00 | 0.35 | 0.70 | |||
| EXCRX | 0.19 | -0.01 | 0.00 | -0.26 | 0.00 | 0.33 | 0.97 | |||
| BICSX | 0.96 | 0.23 | 0.23 | -1.09 | 1.32 | 1.72 | 5.83 | |||
| BUFHX | 0.12 | 0.00 | 0.00 | -0.14 | 0.00 | 0.19 | 1.05 | |||
| PRXCX | 0.11 | 0.00 | 0.24 | -0.16 | 0.20 | 0.19 | 0.93 | |||
| GIFCX | 0.08 | 0.00 | 0.00 | 0.00 | 0.00 | 0.30 | 0.78 | |||
| GIFIX | 0.08 | -0.02 | 0.00 | 2.45 | 0.00 | 0.31 | 0.87 | |||
| GIFAX | 0.08 | -0.02 | 0.00 | 6.60 | 0.00 | 0.31 | 0.82 |
Risk Metrics, Assumptions & Methodology
Volatility for CALVERT UNCONSTRAINED reflects NAV dispersion and exposure stability across disclosure periods. Higher dispersion implies wider price swings across observed periods.
Unless otherwise specified, data for Calvert Unconstrained Bond is compiled from fund disclosures and market reference feeds and standardized for comparability. Updates may occur throughout the day. Volatility and downside metrics are estimated from historical return dispersion.
This content is curated and reviewed by:
Ellen Johnson - Member of Macroaxis Editorial BoardCALVERT UNCONSTRAINED Investment Opportunity
Dow Jones Industrial is about 5.86 times more volatile than Calvert Unconstrained Bond based on recent return behavior. That difference can matter when investors want a steadier position size or lower contribution to total portfolio risk.You can use Calvert Unconstrained Bond to protect your portfolios against small market fluctuations. This move summary looks at how the current session may translate into a basic near-term setup. It is most useful when combined with broader risk controls and position-sizing discipline. a normal downward trend and little activity. Check odds of CALVERT UNCONSTRAINED to be traded at $14.71 in 90 days.Very weak diversification
CUBAX currently posts a 0.45 correlation with DJI, indicating a Very weak diversification relationship for the active sample. The overlap area represents the portion of risk that may be diversified away when both instruments are held together and nothing else in the portfolio changes.
CALVERT UNCONSTRAINED Additional Risk Indicators
Looking at additional risk metrics for Calvert Unconstrained Bond frames how the position may behave under different market and portfolio conditions. A disciplined risk review provides context for deciding whether exposure should be maintained, reduced, or offset elsewhere in the portfolio.
| Risk Adjusted Performance | -0.02 | |||
| Market Risk Adjusted Performance | -0.24 | |||
| Mean Deviation | 0.0932 | |||
| Semi Deviation | 0.0955 | |||
| Downside Deviation | 0.1617 | |||
| Coefficient Of Variation | 2559.2 | |||
| Standard Deviation | 0.1329 |
CALVERT UNCONSTRAINED Suggested Diversification Pairs
Pair trading with CALVERT UNCONSTRAINED can help investors hedge some company-specific exposure by balancing a long view with an offsetting position. A disciplined pair strategy still requires monitoring because correlation can weaken when market regimes change.
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against CALVERT UNCONSTRAINED as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. CALVERT UNCONSTRAINED's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, CALVERT UNCONSTRAINED's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Calvert Unconstrained Bond.