Calamos Evolving World Fund Buy Hold or Sell Recommendation
| CNWIX Fund | USD 19.05 0.26 1.35% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Calamos Evolving World is 'Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Calamos Evolving World given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Calamos Evolving World, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Calamos Evolving 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 Evolving World. 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 gross domestic product.
Calamos |
Execute Calamos Evolving 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 Evolving World. Macroaxis does not own or have any residual interests in Calamos Evolving World or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Calamos Evolving's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details |
Calamos Evolving Trading Alerts and Improvement Suggestions
| Calamos Evolving generated a negative expected return over the last 90 days | |
| The fund generated three year return of -1.0% | |
| Calamos Evolving World holds 91.41% of its assets under management (AUM) in equities |
Calamos Evolving Returns Distribution Density
The distribution of Calamos Evolving's historical returns is an attempt to chart the uncertainty of Calamos Evolving's future price movements. The chart of the probability distribution of Calamos Evolving daily returns describes the distribution of returns around its average expected value. We use Calamos Evolving World price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Calamos Evolving returns is essential to provide solid investment advice for Calamos Evolving.
| Mean Return | -0.07 | Value At Risk | -1.98 | Potential Upside | 1.14 | Standard Deviation | 0.91 |
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 Evolving 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 Evolving 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 Evolving or Calamos 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 Evolving's price will be affected by overall mutual 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 | -0.11 | |
β | Beta against Dow Jones | 0.31 | |
σ | Overall volatility | 0.95 | |
Ir | Information ratio | -0.19 |
Calamos Evolving Volatility Alert
Calamos Evolving World exhibits very low volatility with skewness of -0.82 and kurtosis of 1.21. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Calamos Evolving's mutual 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 Evolving's mutual 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 Evolving Fundamentals Vs Peers
Comparing Calamos Evolving'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 Evolving's direct or indirect competition across all of the common fundamentals between Calamos Evolving and the related equities. This way, we can detect undervalued stocks with similar characteristics as Calamos Evolving or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Calamos Evolving's fundamental indicators could also be used in its relative valuation, which is a method of valuing Calamos Evolving by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Calamos Evolving to competition |
| Fundamentals | Calamos Evolving | Peer Average |
| Price To Earning | 18.51 X | 6.53 X |
| Price To Book | 2.65 X | 0.74 X |
| Price To Sales | 2.02 X | 0.61 X |
| Year To Date Return | 0.73 % | 0.39 % |
| One Year Return | 17.08 % | 4.15 % |
| Three Year Return | (1.38) % | 3.60 % |
| Five Year Return | 5.74 % | 3.24 % |
| Ten Year Return | 3.94 % | 1.79 % |
| Net Asset | 229.31 M | 4.11 B |
| Last Dividend Paid | 0.01 | 0.65 |
| Cash Position Weight | (0.24) % | 10.61 % |
| Equity Positions Weight | 91.41 % | 63.90 % |
Calamos Evolving 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.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 19.05 | |||
| Day Typical Price | 19.05 | |||
| Price Action Indicator | (0.13) | |||
| Period Momentum Indicator | (0.26) |
About Calamos Evolving Buy or Sell Advice
When is the right time to buy or sell Calamos Evolving World? Buying financial instruments such as Calamos Mutual 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.
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Other Information on Investing in Calamos Mutual Fund
Calamos Evolving 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 Evolving security.
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |