Calamos High Correlations
| CIHYX Fund | USD 7.81 0.02 0.13% |
The correlation of Calamos High is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.
Calamos |
Moving together with Calamos Mutual Fund
| 0.67 | BHYCX | Blackrock Hi Yld | PairCorr |
| 0.69 | BHYIX | Blackrock High Yield | PairCorr |
| 0.7 | BHYSX | Blackrock Hi Yld | PairCorr |
| 0.7 | BHYAX | Blackrock High Yield | PairCorr |
| 0.73 | FAHHX | American Funds American | PairCorr |
| 0.73 | FTAHX | American Funds American | PairCorr |
| 0.7 | AHTFX | American High Income | PairCorr |
| 0.71 | AHTCX | American High Income | PairCorr |
| 0.75 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.63 | T | ATT Inc Sell-off Trend | PairCorr |
| 0.73 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.72 | CSCO | Cisco Systems Aggressive Push | PairCorr |
| 0.71 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
Moving against Calamos Mutual Fund
| 0.67 | JNJ | Johnson Johnson Sell-off Trend | PairCorr |
| 0.62 | PFHCX | Pacific Funds Small | PairCorr |
| 0.59 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.49 | PFE | Pfizer Inc Aggressive Push | PairCorr |
Related Correlations Analysis
| 0.97 | 0.97 | 0.92 | 0.0 | -0.97 | 0.4 | PGIQX | ||
| 0.97 | 0.99 | 0.9 | 0.0 | -0.95 | 0.38 | UIGSX | ||
| 0.97 | 0.99 | 0.9 | 0.0 | -0.94 | 0.4 | DACGX | ||
| 0.92 | 0.9 | 0.9 | 0.0 | -0.83 | 0.66 | TWACX | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ICAXX | ||
| -0.97 | -0.95 | -0.94 | -0.83 | 0.0 | -0.22 | RYAQX | ||
| 0.4 | 0.38 | 0.4 | 0.66 | 0.0 | -0.22 | FISAX | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between Calamos Mutual Fund performing well and Calamos High 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 Calamos High'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PGIQX | 0.23 | (0.04) | 0.00 | (0.48) | 0.00 | 0.50 | 1.41 | |||
| UIGSX | 0.18 | (0.02) | 0.00 | 0.48 | 0.00 | 0.34 | 1.03 | |||
| DACGX | 0.20 | (0.02) | 0.00 | 0.45 | 0.00 | 0.39 | 1.03 | |||
| TWACX | 0.08 | (0.01) | 0.00 | (3.42) | 0.00 | 0.11 | 0.78 | |||
| ICAXX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| RYAQX | 0.60 | 0.11 | (0.03) | (0.98) | 0.64 | 1.52 | 4.05 | |||
| FISAX | 0.07 | 0.00 | (0.70) | 0.24 | 0.00 | 0.13 | 0.80 |