Calamos Convertible Opportunities Fund Buy Hold or Sell Recommendation
| CHI Fund | USD 12.11 0.07 0.58% |
Considering the 90-day investment horizon and your slightly conservative level of risk, our recommendation regarding Calamos Convertible Opportunities is 'Strong Buy'. The recommendation algorithm takes into account all of Calamos Convertible's available fundamental, technical, and predictive indicators you will find on this site.
Check out Calamos Convertible Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual funds such as Calamos and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Calamos Convertible Opportunities. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in rate.
Calamos |
Execute Calamos Convertible Buy or Sell Advice
The Calamos recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Calamos Convertible Opportunities. Macroaxis does not own or have any residual interests in Calamos Convertible Opportunities or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Calamos Convertible's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details |
Calamos Convertible Trading Alerts and Improvement Suggestions
| The fund generated three year return of -4.0% |
Calamos Convertible Returns Distribution Density
The distribution of Calamos Convertible's historical returns is an attempt to chart the uncertainty of Calamos Convertible's future price movements. The chart of the probability distribution of Calamos Convertible daily returns describes the distribution of returns around its average expected value. We use Calamos Convertible Opportunities price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Calamos Convertible returns is essential to provide solid investment advice for Calamos Convertible.
| Mean Return | 0.13 | Value At Risk | -1.56 | Potential Upside | 1.82 | Standard Deviation | 0.95 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Calamos Convertible historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Calamos Convertible Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Calamos Convertible or Financial Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Calamos Convertible's price will be affected by overall fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Calamos fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.06 | |
β | Beta against Dow Jones | 0.60 | |
σ | Overall volatility | 0.95 | |
Ir | Information ratio | 0.02 |
Calamos Convertible Volatility Alert
Calamos Convertible Opportunities has low volatility with Treynor Ratio of 0.2, Maximum Drawdown of 3.9 and kurtosis of -0.47. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Calamos Convertible's fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Calamos Convertible's fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Calamos Convertible Fundamentals Vs Peers
Comparing Calamos Convertible's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Calamos Convertible's direct or indirect competition across all of the common fundamentals between Calamos Convertible and the related equities. This way, we can detect undervalued stocks with similar characteristics as Calamos Convertible or determine the funds which would be an excellent addition to an existing portfolio. Peer analysis of Calamos Convertible's fundamental indicators could also be used in its relative valuation, which is a method of valuing Calamos Convertible by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Calamos Convertible to competition |
| Fundamentals | Calamos Convertible | Peer Average |
| Price To Earning | 3.89 X | 6.53 X |
| Price To Book | 0.89 X | 0.74 X |
| Price To Sales | (52.95) X | 0.61 X |
| Beta | 1.25 | |
| Annual Yield | 0.01 % | 0.29 % |
| Year To Date Return | 10.05 % | 0.39 % |
| One Year Return | 20.15 % | 4.15 % |
| Three Year Return | (3.77) % | 3.60 % |
| Five Year Return | 8.80 % | 3.24 % |
| Last Dividend Paid | 1.14 | 0.65 |
Calamos Convertible Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Calamos . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 2157.25 | |||
| Daily Balance Of Power | 0.3889 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 12.1 | |||
| Day Typical Price | 12.1 | |||
| Price Action Indicator | 0.045 | |||
| Period Momentum Indicator | 0.07 |
About Calamos Convertible Buy or Sell Advice
When is the right time to buy or sell Calamos Convertible Opportunities? Buying financial instruments such as Calamos Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Calamos Convertible in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Insurance
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Insurance theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Insurance Theme or any other thematic opportunities.
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Other Information on Investing in Calamos Fund
Calamos Convertible financial ratios help investors to determine whether Calamos 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 Convertible security.
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