Calamos Investment Trust Fund Market Value
| CMRGX Fund | 10.05 0.08 0.79% |
| Symbol | Calamos |
Calamos Investment '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 Calamos Investment'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 Calamos Investment.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Calamos Investment on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Calamos Investment Trust or generate 0.0% return on investment in Calamos Investment over 30 days. Calamos Investment is related to or competes with Dunham Porategovernment, Ridgeworth Seix, Prudential Government, Us Government, and Davis Government. The manager utilizes an actively managed merger arbitrage strategy by establishing long and short positions in the secur... More
Calamos Investment 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 Calamos Investment'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 Calamos Investment Trust upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8225 | |||
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 3.63 | |||
| Value At Risk | (0.79) | |||
| Potential Upside | 0.6 |
Calamos Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Calamos Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Calamos Investment's standard deviation. In reality, there are many statistical measures that can use Calamos Investment historical prices to predict the future Calamos Investment's volatility.| Risk Adjusted Performance | 0.0416 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.11) | |||
| Treynor Ratio | 0.0637 |
Calamos Investment Trust Backtested Returns
At this stage we consider Calamos Mutual Fund to be very steady. Calamos Investment Trust secures Sharpe Ratio (or Efficiency) of 0.0279, which signifies that the fund had a 0.0279% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Calamos Investment Trust, which you can use to evaluate the volatility of the entity. Please confirm Calamos Investment's Downside Deviation of 0.8225, risk adjusted performance of 0.0416, and Mean Deviation of 0.2907 to double-check if the risk estimate we provide is consistent with the expected return of 0.0137%. The fund shows a Beta (market volatility) of 0.34, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Calamos Investment's returns are expected to increase less than the market. However, during the bear market, the loss of holding Calamos Investment is expected to be smaller as well.
Auto-correlation | 0.20 |
Weak predictability
Calamos Investment Trust has weak predictability. Overlapping area represents the amount of predictability between Calamos Investment time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Calamos Investment Trust price movement. The serial correlation of 0.2 indicates that over 20.0% of current Calamos Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Calamos Investment Trust lagged returns against current returns
Autocorrelation, which is Calamos Investment 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 Calamos Investment's mutual fund expected returns. We can calculate the autocorrelation of Calamos Investment returns to help us make a trade decision. For example, suppose you find that Calamos Investment 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 |
Calamos Investment 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 Calamos Investment mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Calamos Investment mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Calamos Investment mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Calamos Investment Lagged Returns
When evaluating Calamos Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Calamos Investment mutual fund have on its future price. Calamos Investment 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, Calamos Investment autocorrelation shows the relationship between Calamos Investment mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Calamos Investment Trust.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Calamos Mutual Fund
Calamos Investment financial ratios help investors to determine whether Calamos 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 Calamos with respect to the benefits of owning Calamos Investment security.
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities |