Calamos Growth Income Fund Market Value
| CVTCX Fund | USD 51.61 0.31 0.60% |
| Symbol | Calamos |
Calamos Growth '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 Growth'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 Growth.
| 08/29/2024 |
| 11/27/2024 |
If you would invest 0.00 in Calamos Growth on August 29, 2024 and sell it all today you would earn a total of 0.00 from holding Calamos Growth Income or generate 0.0% return on investment in Calamos Growth over 90 days. Calamos Growth is related to or competes with Calamos Growth, Davis New, First Eagle, Calamos Convertible, and Calamos Global. The investment seeks high long-term total return through growth and current income More
Calamos Growth 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 Growth'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 Growth Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7519 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 3.31 | |||
| Value At Risk | (1.02) | |||
| Potential Upside | 1.02 |
Calamos Growth Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Calamos Growth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Calamos Growth's standard deviation. In reality, there are many statistical measures that can use Calamos Growth historical prices to predict the future Calamos Growth's volatility.| Risk Adjusted Performance | 0.1293 | |||
| Jensen Alpha | 0.1014 | |||
| Total Risk Alpha | (0.001) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 2.16 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Calamos Growth'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 Growth Income Backtested Returns
At this stage we consider Calamos Mutual Fund to be out of control. Calamos Growth Income secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the fund had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Calamos Growth Income, which you can use to evaluate the volatility of the entity. Please confirm Calamos Growth's Downside Deviation of 0.7519, mean deviation of 0.486, and Risk Adjusted Performance of 0.1293 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%. The fund shows a Beta (market volatility) of 0.0496, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Calamos Growth's returns are expected to increase less than the market. However, during the bear market, the loss of holding Calamos Growth is expected to be smaller as well.
Auto-correlation | 0.62 |
Good predictability
Calamos Growth Income has good predictability. Overlapping area represents the amount of predictability between Calamos Growth time series from 29th of August 2024 to 13th of October 2024 and 13th of October 2024 to 27th of November 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 Growth Income price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Calamos Growth price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.51 |
Calamos Growth Income lagged returns against current returns
Autocorrelation, which is Calamos Growth 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 Growth's mutual fund expected returns. We can calculate the autocorrelation of Calamos Growth returns to help us make a trade decision. For example, suppose you find that Calamos Growth 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 Growth 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 Growth mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Calamos Growth 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 Growth mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Calamos Growth Lagged Returns
When evaluating Calamos Growth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Calamos Growth mutual fund have on its future price. Calamos Growth 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 Growth autocorrelation shows the relationship between Calamos Growth mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Calamos Growth Income.
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 Growth 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 Growth security.
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