Calamos Timpani Small Fund Market Value
| CTASX Fund | USD 37.57 0.09 0.24% |
| 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.
| 12/19/2024 |
| 01/18/2025 |
If you would invest 0.00 in Calamos Timpani on December 19, 2024 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 30 days. Calamos Timpani is related to or competes with Calamos Antetokounmpo, Innealta Capital, Calamos Antetokounmpo, Calamos Antetokounmpo, Calamos Opportunistic, Calamos Opportunistic, and Calamos Opportunistic. 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 | 1.63 | |||
| Information Ratio | 0.0603 | |||
| Maximum Drawdown | 10.57 | |||
| Value At Risk | (2.22) | |||
| Potential Upside | 2.68 |
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 | 0.0703 | |||
| Jensen Alpha | 0.1066 | |||
| Total Risk Alpha | 0.0813 | |||
| Sortino Ratio | 0.062 | |||
| Treynor Ratio | 0.1679 |
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
At this stage we consider Calamos Mutual Fund to be very steady. Calamos Timpani Small secures Sharpe Ratio (or Efficiency) of 0.0987, which signifies that the fund had a 0.0987% 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 confirm Calamos Timpani's Mean Deviation of 1.26, risk adjusted performance of 0.0703, and Downside Deviation of 1.63 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%. The fund shows a Beta (market volatility) of 0.72, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Calamos Timpani's returns are expected to increase less than the market. However, during the bear market, the loss of holding Calamos Timpani is expected to be smaller as well.
Auto-correlation | -0.06 |
Very weak reverse predictability
Calamos Timpani Small has very weak reverse predictability. Overlapping area represents the amount of predictability between Calamos Timpani time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th of January 2025. 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 -0.06 indicates that barely 6.0% of current Calamos Timpani price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.06 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.26 |
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 |
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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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