With a Calibration Disk you can set:
Brightness Pattern to set the Black Level (Brightness Control) of the Display; to prevent crushing of shadow details or raised black levels.
Contrast Pattern to set the White Level (Contrast Control) of the Display; to prevent color detail clipping up to peak white levels and above reference white level color shifts/discoloration.
Use Sharpness Pattern to prevent edge enhancement (halo/ringing effect) or soft contouring (blurring of the image details).
Use Color Clipping Pattern to prevent clipping of each color channel.
Use a Grayscale Ramp to check which color temperature mode (normal/warm1/warm2 etc) of your display looks more neutral to your eyes.
But you can't set your peak light output, pefrorm RGB Balance of your grayscale, calibrate your Primary/Secondary Colors (Hue/Saturation/Lightness), fix your gamma levels etc. for REC.709 without a meter/software and knowledge on how things work.
If the disk you will use have Colour Reproduction Patterns
you can check your display's controls / various mode settings / enhancements of your display, if they introducing problems or if they are broken and you have to leave them untouched to prevent new problems. (no smooth color graduations, distortions, discoloration, clipping, banding, posterization, crushed shadow details, raised black levels etc.)
Ted's LightSpace CMS Calibration Disk Free Version for Free Calibration Software: LightSpace DPS / CalMAN ColorChecker / HCFR
S/W: LightSpace CMS, SpaceMan ICC, SpaceMatch DCM, CalMAN 5, CalMAN RGB, ChromaPure, ControlCAL
V/P: eeColor 3D LUT Box -
P/G: DVDO AVLab TPG
Meters: JETI Specbos 1211, Klein K-10A, i1PRO2, i1PRO, SpectraCAL C6, i1D3, C5