Calamos Short Term Bond Fund Market Value
| CSTBX Fund | USD 9.55 0.01 0.10% |
| Symbol | Calamos |
Calamos Short '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 Short'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 Short.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in Calamos Short on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding Calamos Short Term Bond or generate 0.0% return on investment in Calamos Short over 180 days. Calamos Short is related to or competes with Jpmorgan Equity, Artisan Select, Nationwide Global, Balanced Fund, Calamos Global, Rbc Global, and Sarofim Equity. The fund normally invests at least 80 percent of its net assets in a broad range of debt securities that have a dollar weighted average portfolio duration of three years or less. More
Calamos Short 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 Short'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 Short Term Bond upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1338 | |||
| Information Ratio | (1.07) | |||
| Maximum Drawdown | 0.6314 | |||
| Value At Risk | (0.11) | |||
| Potential Upside | 0.2092 |
Calamos Short Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Calamos Short's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Calamos Short's standard deviation. In reality, there are many statistical measures that can use Calamos Short historical prices to predict the future Calamos Short's volatility.| Risk Adjusted Performance | 0.0179 | |||
| Jensen Alpha | 0.003 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.94) | |||
| Treynor Ratio | (0.09) |
Calamos Short Term Backtested Returns
At this stage we consider Calamos Mutual Fund to be very steady. Calamos Short Term secures Sharpe Ratio (or Efficiency) of 0.0441, which signifies that the fund had a 0.0441% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Calamos Short Term Bond, which you can use to evaluate the volatility of the entity. Please confirm Calamos Short's Coefficient Of Variation of 1053.04, mean deviation of 0.0877, and Risk Adjusted Performance of 0.0179 to double-check if the risk estimate we provide is consistent with the expected return of 0.005%. The fund shows a Beta (market volatility) of -0.0143, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Calamos Short are expected to decrease at a much lower rate. During the bear market, Calamos Short is likely to outperform the market.
Auto-correlation | -0.66 |
Very good reverse predictability
Calamos Short Term Bond has very good reverse predictability. Overlapping area represents the amount of predictability between Calamos Short time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 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 Short Term price movement. The serial correlation of -0.66 indicates that around 66.0% of current Calamos Short price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.66 | |
| Spearman Rank Test | -0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Calamos Short Term lagged returns against current returns
Autocorrelation, which is Calamos Short 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 Short's mutual fund expected returns. We can calculate the autocorrelation of Calamos Short returns to help us make a trade decision. For example, suppose you find that Calamos Short 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 Short 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 Short mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Calamos Short 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 Short mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Calamos Short Lagged Returns
When evaluating Calamos Short's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Calamos Short mutual fund have on its future price. Calamos Short 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 Short autocorrelation shows the relationship between Calamos Short mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Calamos Short Term Bond.
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 Short 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 Short security.
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