Calamos Timpani Small Fund Market Value
| CTASX Fund | USD 40.64 0.10 0.25% |
| Symbol | Calamos |
Calamos Timpani 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Calamos Timpani's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Calamos Timpani.
| 01/12/2023 |
| 12/02/2024 |
If you would invest 0.00 in Calamos Timpani on January 12, 2023 and sell it all today you would earn a total of 0.00 from holding Calamos Timpani Small or generate 0.0% return on investment in Calamos Timpani over 690 days. Under normal market conditions, the fund invests at least 80 percent of its net assets in equity securities of small cap... More
Calamos Timpani Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Calamos Timpani's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Calamos Timpani Small upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.39 | |||
| Information Ratio | 0.1164 | |||
| Maximum Drawdown | 8.01 | |||
| Value At Risk | (2.16) | |||
| Potential Upside | 3.07 |
Calamos Timpani Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Calamos Timpani's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Calamos Timpani's standard deviation. In reality, there are many statistical measures that can use Calamos Timpani historical prices to predict the future Calamos Timpani's volatility.| Risk Adjusted Performance | 0.1591 | |||
| Jensen Alpha | 0.1073 | |||
| Total Risk Alpha | 0.0457 | |||
| Sortino Ratio | 0.1357 | |||
| Treynor Ratio | 0.193 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Calamos Timpani's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Calamos Timpani Small Backtested Returns
Calamos Timpani appears to be very steady, given 3 months investment horizon. Calamos Timpani Small secures Sharpe Ratio (or Efficiency) of 0.25, which signifies that the fund had a 0.25% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Calamos Timpani Small, which you can use to evaluate the volatility of the entity. Please makes use of Calamos Timpani's Mean Deviation of 1.21, downside deviation of 1.39, and Risk Adjusted Performance of 0.1591 to double-check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of 1.64, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Calamos Timpani will likely underperform.
Auto-correlation | -0.17 |
Insignificant reverse predictability
Calamos Timpani Small has insignificant reverse predictability. Overlapping area represents the amount of predictability between Calamos Timpani time series from 12th of January 2023 to 23rd of December 2023 and 23rd of December 2023 to 2nd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Calamos Timpani Small price movement. The serial correlation of -0.17 indicates that over 17.0% of current Calamos Timpani price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 12.2 |
Calamos Timpani Small lagged returns against current returns
Autocorrelation, which is Calamos Timpani mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Calamos Timpani's mutual fund expected returns. We can calculate the autocorrelation of Calamos Timpani returns to help us make a trade decision. For example, suppose you find that Calamos Timpani has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Calamos Timpani regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Calamos Timpani mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Calamos Timpani mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Calamos Timpani mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Calamos Timpani Lagged Returns
When evaluating Calamos Timpani's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Calamos Timpani mutual fund have on its future price. Calamos Timpani autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Calamos Timpani autocorrelation shows the relationship between Calamos Timpani mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Calamos Timpani Small.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Timpani 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 Timpani security.
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