Calamos Vertible Fund Price Prediction

CCVIX Fund  USD 24.73  0.14  0.56%   
The relative strength index (RSI) of Calamos Convertible's mutual fund price is slightly above 69 suggesting that the mutual fund is rather overbought by investors at this time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Calamos, making its price go up or down.

Momentum 69

 Buy Stretched

 
Oversold
 
Overbought
The successful prediction of Calamos Convertible's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Calamos Vertible Fund, which may create opportunities for some arbitrage if properly timed.
Using Calamos Convertible hype-based prediction, you can estimate the value of Calamos Vertible Fund from the perspective of Calamos Convertible response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Calamos Convertible to buy its mutual fund at a price that has no basis in reality. In that case, they are not buying Calamos because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell mutual funds at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Calamos Convertible after-hype prediction price

    
  USD 24.73  
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 Calamos Convertible Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
22.2626.3127.84
Details
Naive
Forecast
LowNextHigh
23.6625.1926.72
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
23.1324.1625.18
Details

Calamos Convertible After-Hype Price Density Analysis

As far as predicting the price of Calamos Convertible 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 Convertible 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 Convertible, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Calamos Convertible Estimiated After-Hype Price Volatility

In the context of predicting Calamos Convertible'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 Convertible's historical news coverage. Calamos Convertible's after-hype downside and upside margins for the prediction period are 23.20 and 26.26, respectively. We have considered Calamos Convertible'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
24.73
24.73
After-hype Price
26.26
Upside
Calamos Convertible is very steady at this time. Analysis and calculation of next after-hype price of Calamos Convertible is based on 3 months time horizon.

Calamos Convertible Mutual Fund Price Outlook Analysis

Have you ever been surprised when a price of a Mutual Fund such as Calamos Convertible is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Calamos Convertible 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 Convertible, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.23 
1.54
  0.10 
  3.60 
1 Events / Month
1 Events / Month
Very soon
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
24.73
24.73
0.00 
358.14  
Notes

Calamos Convertible Hype Timeline

Calamos Convertible is currently traded for 24.73. The entity has historical hype elasticity of -0.1, and average elasticity to hype of competition of 3.6. 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 over 100%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at 0.23%. %. The volatility of related hype on Calamos Convertible is about 9.83%, with the expected price after the next announcement by competition of 28.33. The company has price-to-book (P/B) ratio of 1.93. Some equities with similar Price to Book (P/B) outperform the market in the long run. Calamos Convertible last dividend was issued on the 19th of March 2020. Assuming the 90 days horizon the next forecasted press release will be very soon.
Check out Calamos Convertible Basic Forecasting Models to cross-verify your projections.

Calamos Convertible Related Hype Analysis

Having access to credible news sources related to Calamos Convertible's direct competition is more important than ever and may enhance your ability to predict Calamos Convertible's future price movements. Getting to know how Calamos Convertible'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 Convertible 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
SROIXCalamos Antetokounmpo Sustainable 0.00 0 per month 0.71  0.02  1.14 (1.35) 5.49 
SROCXCalamos Antetokounmpo Sustainable 0.14 1 per month 0.73  0.02  1.16 (1.46) 5.62 
SRORXCalamos Antetokounmpo Sustainable 0.00 0 per month 0.70  0.03  1.18 (1.35) 5.42 
CVAIXCalamos Opportunistic Value 6.16 4 per month 0.70  0.03  1.23 (1.35) 7.09 
CVACXCalamos Opportunistic Value 187.14 7 per month 0.66  0.04  1.27 (1.31) 9.14 
CVAAXCalamos Opportunistic Value(12.06)3 per month 0.69  0.02  1.25 (1.33) 7.43 
CVGRXCalamos Growth Fund(40.35)3 per month 0.98  0.05  1.62 (1.97) 11.32 
CVGCXCalamos Growth Fund 0.01 5 per month 0.00  0.11  1.68 (1.89) 55.20 
CMNIXCalamos Market Neutral 0.00 0 per month 0.00 (0.71) 0.13 (0.13) 0.38 

Calamos Convertible 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.

About Calamos Convertible Predictive Indicators

The successful prediction of Calamos Convertible stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Calamos Vertible Fund, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Calamos Convertible based on analysis of Calamos Convertible hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Calamos Convertible's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Calamos Convertible's related companies.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Calamos Mutual Fund

Calamos Convertible 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 Convertible security.
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