Calamos Convertible And Fund Probability of Future Fund Price Finishing Over 11.72
| CHY Fund | USD 11.72 0.10 0.86% |
Calamos |
Calamos Convertible Target Price Odds to finish over 11.72
The tendency of Calamos Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 11.72 | 90 days | 11.72 | under 4 |
Based on a normal probability distribution, the odds of Calamos Convertible to move above the current price in 90 days from now is under 4 (This Calamos Convertible And probability density function shows the probability of Calamos Fund to fall within a particular range of prices over 90 days) .
Considering the 90-day investment horizon Calamos Convertible has a beta of 0.65 suggesting as returns on the market go up, Calamos Convertible average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Calamos Convertible And will be expected to be much smaller as well. Additionally Calamos Convertible And has an alpha of 0.074, implying that it can generate a 0.074 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Calamos Convertible Price Density |
| Price |
Predictive Modules for Calamos Convertible
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Calamos Convertible And. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Calamos Convertible Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Calamos Convertible is not an exception. The market had few large corrections towards the Calamos Convertible's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Calamos Convertible And, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Calamos Convertible within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.07 | |
β | Beta against Dow Jones | 0.65 | |
σ | Overall volatility | 0.35 | |
Ir | Information ratio | 0.05 |
Calamos Convertible Technical Analysis
Calamos Convertible's future price can be derived by breaking down and analyzing its technical indicators over time. Calamos Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Calamos Convertible And. In general, you should focus on analyzing Calamos Fund price patterns and their correlations with different microeconomic environments and drivers.
Calamos Convertible Predictive Forecast Models
Calamos Convertible's time-series forecasting models is one of many Calamos Convertible's fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Calamos Convertible's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the fund market movement and maximize returns from investment trading.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Calamos Convertible in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Calamos Convertible's short interest history, or implied volatility extrapolated from Calamos Convertible options trading.
Other Information on Investing in Calamos Fund
Calamos Convertible financial ratios help investors to determine whether Calamos 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.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals |