Calamos Short-term Mutual Fund Forecast - Simple Moving Average

CSTIX Fund  USD 9.62  0.01  0.10%   
The Simple Moving Average forecasted value of Calamos Short Term Bond on the next trading day is expected to be 9.62 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.49. Calamos Mutual Fund Forecast is based on your current time horizon.
At this time, The relative strength index (RSI) of Calamos Short-term's share price is at 58 suggesting that the mutual fund is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Calamos Short-term, making its price go up or down.

Momentum 58

 Buy Extended

 
Oversold
 
Overbought
The successful prediction of Calamos Short-term's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Calamos Short Term Bond, which may create opportunities for some arbitrage if properly timed.
Using Calamos Short-term hype-based prediction, you can estimate the value of Calamos Short Term Bond from the perspective of Calamos Short-term response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Moving Average forecasted value of Calamos Short Term Bond on the next trading day is expected to be 9.62 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.49.

Calamos Short-term after-hype prediction price

    
  USD 9.62  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as fund price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of Calamos Short-term to cross-verify your projections.

Calamos Short-term Additional Predictive Modules

Most predictive techniques to examine Calamos price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Calamos using various technical indicators. When you analyze Calamos charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
A two period moving average forecast for Calamos Short-term is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

Calamos Short-term Simple Moving Average Price Forecast For the 24th of January

Given 90 days horizon, the Simple Moving Average forecasted value of Calamos Short Term Bond on the next trading day is expected to be 9.62 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0001, and the sum of the absolute errors of 0.49.
Please note that although there have been many attempts to predict Calamos Mutual Fund prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Calamos Short-term's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Calamos Short-term Mutual Fund Forecast Pattern

Backtest Calamos Short-termCalamos Short-term Price PredictionBuy or Sell Advice 

Calamos Short-term Forecasted Value

In the context of forecasting Calamos Short-term's Mutual Fund value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Calamos Short-term's downside and upside margins for the forecasting period are 9.51 and 9.73, respectively. We have considered Calamos Short-term's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
9.62
9.62
Expected Value
9.73
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Calamos Short-term mutual fund data series using in forecasting. Note that when a statistical model is used to represent Calamos Short-term mutual fund, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information Criteria105.4543
BiasArithmetic mean of the errors -0.0023
MADMean absolute deviation0.0082
MAPEMean absolute percentage error9.0E-4
SAESum of the absolute errors0.485
The simple moving average model is conceptually a linear regression of the current value of Calamos Short Term Bond price series against current and previous (unobserved) value of Calamos Short-term. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future

Predictive Modules for Calamos Short-term

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Calamos Short Term. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
9.519.629.73
Details
Intrinsic
Valuation
LowRealHigh
8.738.8410.58
Details

Calamos Short-term After-Hype Price Prediction Density Analysis

As far as predicting the price of Calamos Short-term at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Calamos Short-term or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Mutual Fund prices, such as prices of Calamos Short-term, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Calamos Short-term Estimiated After-Hype Price Volatility

In the context of predicting Calamos Short-term's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Calamos Short-term's historical news coverage. Calamos Short-term's after-hype downside and upside margins for the prediction period are 9.51 and 9.73, respectively. We have considered Calamos Short-term's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
9.62
9.62
After-hype Price
9.73
Upside
Calamos Short-term is very steady at this time. Analysis and calculation of next after-hype price of Calamos Short Term is based on 3 months time horizon.

Calamos Short-term Mutual Fund Price Prediction Analysis

Have you ever been surprised when a price of a Mutual Fund such as Calamos Short-term is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Calamos Short-term backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Fund price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Calamos Short-term, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.02 
0.11
  0.30 
  0.14 
6 Events / Month
1 Events / Month
In about 6 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
9.62
9.62
0.00 
0.73  
Notes

Calamos Short-term Hype Timeline

Calamos Short Term is currently traded for 9.62. The entity has historical hype elasticity of 0.3, and average elasticity to hype of competition of 0.14. Calamos is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is about 0.73%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at 0.02%. %. The volatility of related hype on Calamos Short-term is about 1.54%, with the expected price after the next announcement by competition of 9.76. Assuming the 90 days horizon the next forecasted press release will be in about 6 days.
Check out Historical Fundamental Analysis of Calamos Short-term to cross-verify your projections.

Calamos Short-term Related Hype Analysis

Having access to credible news sources related to Calamos Short-term's direct competition is more important than ever and may enhance your ability to predict Calamos Short-term's future price movements. Getting to know how Calamos Short-term's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Calamos Short-term may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
LHCCXLord Abbett Health(0.39)1 per month 0.66  0.03  1.89 (1.14) 4.51 
VGHCXVanguard Health Care 0.66 1 per month 0.43  0.08  1.94 (0.95) 4.26 
DLRHXDelaware Healthcare Fund(0.13)1 per month 0.36  0.16  2.09 (1.15) 7.60 
HBGHXHartford Healthcare Hls 0.12 1 per month 0.31  0.12  1.87 (1.00) 3.93 
FHCCXFidelity Advisor Health 85.64 1 per month 0.58  0.05  1.73 (1.08) 5.12 
HCPIXHealth Care Ultrasector 0.00 0 per month 0.84  0.09  2.94 (1.48) 6.65 
BHCHXBaron Health Care 0.16 1 per month 0.55  0.04  1.66 (0.93) 4.22 
ETCHXEventide Healthcare Life(28.97)4 per month 0.82  0.16  3.25 (1.60) 6.86 

Other Forecasting Options for Calamos Short-term

For every potential investor in Calamos, whether a beginner or expert, Calamos Short-term's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Calamos Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Calamos. Basic forecasting techniques help filter out the noise by identifying Calamos Short-term's price trends.

Calamos Short-term Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Calamos Short-term mutual fund to make a market-neutral strategy. Peer analysis of Calamos Short-term could also be used in its relative valuation, which is a method of valuing Calamos Short-term by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Calamos Short-term Market Strength Events

Market strength indicators help investors to evaluate how Calamos Short-term mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Calamos Short-term shares will generate the highest return on investment. By undertsting and applying Calamos Short-term mutual fund market strength indicators, traders can identify Calamos Short Term Bond entry and exit signals to maximize returns.

Calamos Short-term Risk Indicators

The analysis of Calamos Short-term's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Calamos Short-term's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting calamos mutual fund prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Story Coverage note for Calamos Short-term

The number of cover stories for Calamos Short-term depends on current market conditions and Calamos Short-term's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Calamos Short-term is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Calamos Short-term's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

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Other Information on Investing in Calamos Mutual Fund

Calamos Short-term 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 Short-term security.
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