Calvert Tax Free Responsible Fund Market Value

CTTCX Fund  USD 14.77  0.01  0.07%   
Calvert Tax-free's market value is the price at which a share of Calvert Tax-free trades on a public exchange. It measures the collective expectations of Calvert Tax Free Responsible investors about its performance. Calvert Tax-free is trading at 14.77 as of the 24th of July 2025; that is 0.07 percent decrease since the beginning of the trading day. The fund's open price was 14.78.
With this module, you can estimate the performance of a buy and hold strategy of Calvert Tax Free Responsible and determine expected loss or profit from investing in Calvert Tax-free over a given investment horizon. Check out Calvert Tax-free Correlation, Calvert Tax-free Volatility and Calvert Tax-free Alpha and Beta module to complement your research on Calvert Tax-free.
Symbol

Please note, there is a significant difference between Calvert Tax-free's value and its price as these two are different measures arrived at by different means. Investors typically determine if Calvert Tax-free is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Calvert Tax-free's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Calvert Tax-free 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Calvert Tax-free's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Calvert Tax-free.
0.00
04/25/2025
No Change 0.00  0.0 
In 3 months and 1 day
07/24/2025
0.00
If you would invest  0.00  in Calvert Tax-free on April 25, 2025 and sell it all today you would earn a total of 0.00 from holding Calvert Tax Free Responsible or generate 0.0% return on investment in Calvert Tax-free over 90 days. Calvert Tax-free is related to or competes with Morningstar Growth, Qs Defensive, T Rowe, Aquila Three, Vanguard Mega, Chase Growth, and T Rowe. Under normal market conditions, at least 80 percent of the income from the fund will be exempt from federal income tax More

Calvert Tax-free Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Calvert Tax-free's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Calvert Tax Free Responsible upside and downside potential and time the market with a certain degree of confidence.

Calvert Tax-free Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Calvert Tax-free's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Calvert Tax-free's standard deviation. In reality, there are many statistical measures that can use Calvert Tax-free historical prices to predict the future Calvert Tax-free's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Calvert Tax-free'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.
Hype
Prediction
LowEstimatedHigh
14.6114.7814.95
Details
Intrinsic
Valuation
LowRealHigh
14.6314.8014.97
Details
Naive
Forecast
LowNextHigh
14.5614.7214.89
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
14.7614.8714.98
Details

Calvert Tax Free Backtested Returns

Calvert Tax Free secures Sharpe Ratio (or Efficiency) of -0.0123, which signifies that the fund had a -0.0123 % return per unit of risk over the last 3 months. Calvert Tax Free Responsible exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Calvert Tax-free's Mean Deviation of 0.1263, standard deviation of 0.1664, and Risk Adjusted Performance of (0.05) to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.0117, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Calvert Tax-free's returns are expected to increase less than the market. However, during the bear market, the loss of holding Calvert Tax-free is expected to be smaller as well.

Auto-correlation

    
  0.15  

Insignificant predictability

Calvert Tax Free Responsible has insignificant predictability. Overlapping area represents the amount of predictability between Calvert Tax-free time series from 25th of April 2025 to 9th of June 2025 and 9th of June 2025 to 24th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Calvert Tax Free price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Calvert Tax-free price fluctuation can be explain by its past prices.
Correlation Coefficient0.15
Spearman Rank Test0.16
Residual Average0.0
Price Variance0.0

Calvert Tax Free lagged returns against current returns

Autocorrelation, which is Calvert Tax-free mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Calvert Tax-free's mutual fund expected returns. We can calculate the autocorrelation of Calvert Tax-free returns to help us make a trade decision. For example, suppose you find that Calvert Tax-free has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Calvert Tax-free regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Calvert Tax-free mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Calvert Tax-free mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Calvert Tax-free mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Calvert Tax-free Lagged Returns

When evaluating Calvert Tax-free's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Calvert Tax-free mutual fund have on its future price. Calvert Tax-free autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Calvert Tax-free autocorrelation shows the relationship between Calvert Tax-free mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Calvert Tax Free Responsible.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Calvert Mutual Fund

Calvert Tax-free 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 Tax-free security.
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