Calamos Investment Correlations

Mutual Funds . USA . 
Fund . Calamos Investment Trust
CMRGX Fund   10.17  0.03  0.30%   
The current 90-days correlation between Calamos Investment Trust and Calamos Antetokounmpo Sustainable is 0.16 (i.e., Average diversification). The correlation of Calamos Investment 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 Investment Correlation With Market

Significant diversification

The correlation between Calamos Investment Trust and DJI is 0.06 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Calamos Investment Trust and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Calamos Investment Trust. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in price.

Moving together with Calamos Mutual Fund

  0.72SROIX Calamos AntetokounmpoPairCorr
  0.73SROAX Innealta Capital SectorPairCorr
  0.73SROCX Calamos AntetokounmpoPairCorr
  0.72SRORX Calamos AntetokounmpoPairCorr
  0.76CVLOX Calamos Global GrowthPairCorr
  0.77CVLCX Calamos Global GrowthPairCorr
  0.64CXGCX Calamos Global VertiblePairCorr
  0.76CGCIX Calamos Global GrowthPairCorr
  0.73CGEOX Calamos Global EquityPairCorr
  0.73CIGEX Calamos Global EquityPairCorr
  0.61CIHEX Calamos Hedged EquityPairCorr
  1.0CMRCX Columbia Marsico GrowthPairCorr
  0.91CMRAX Columbia Large CapPairCorr
  0.74CNWIX Calamos Evolving WorldPairCorr
  0.74CNWGX Calamos Evolving WorldPairCorr
  0.73CNWDX Calamos Evolving WorldPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Calamos Mutual Fund performing well and Calamos Investment 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 Investment'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
SROIX  0.52 (0.02)(0.08) 0.08  0.66 
(0.55)
 1.04 
(1.30)
 3.47 
SROAX  0.52 (0.02)(0.09) 0.08  0.64 
(0.57)
 1.12 
(1.25)
 3.48 
SROCX  0.52 (0.02)(0.09) 0.08  0.66 
(0.55)
 1.05 
(1.26)
 3.52 
SRORX  0.52 (0.02)(0.09) 0.08  0.65 
(0.55)
 1.11 
(1.25)
 3.47 
CVAIX  0.57  0.02  0.01  0.14  0.71 
(0.65)
 1.11 
(1.66)
 4.11 
CVACX  0.57  0.02  0.00  0.14  0.70 
(0.65)
 1.14 
(1.71)
 4.19 
CVAAX  0.57  0.02  0.00  0.14  0.71 
(0.65)
 1.11 
(1.70)
 4.16 
CVGRX  0.71  0.16  0.03 (2.65) 0.96 
(0.69)
 1.62 
(2.15)
 4.90 
CVGCX  0.71  0.06  0.03  0.18  0.98 
(0.69)
 1.63 
(2.20)
 4.91 
CVLOX  0.45 (0.02)(0.10) 0.08  0.55 
(0.51)
 1.00 
(0.98)
 3.00 

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