Calamos Convertible Opportunities Fund Quote

XCHIX Fund  USD 10.20  0.06  0.59%   

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Calamos Convertible is trading at 10.20 as of the 28th of March 2024; that is 0.59 percent up since the beginning of the trading day. The fund's open price was 10.14. Calamos Convertible has 50 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Calamos Convertible Opportunities are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.

Calamos Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Calamos Convertible's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Calamos Convertible or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Vice PresidentJohn Koudounis
Fund ConcentrationConvertibles Funds, null, null (View all Sectors)
Update Date31st of March 2024
Calamos Convertible Opportunities [XCHIX] is traded in USA and was established 28th of March 2024. The fund is listed under null category and is part of null family.
Check Calamos Convertible Probability Of Bankruptcy

Calamos Convertible Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Calamos Convertible market risk premium is the additional return an investor will receive from holding Calamos Convertible long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Calamos Convertible. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Calamos Convertible's alpha and beta are two of the key measurements used to evaluate Calamos Convertible's performance over the market, the standard measures of volatility play an important role as well.

Calamos Convertible Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Calamos Convertible Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Calamos Convertible price patterns.

Calamos Convertible Against Markets

Picking the right benchmark for Calamos Convertible mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Calamos Convertible mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Calamos Convertible is critical whether you are bullish or bearish towards Calamos Convertible Opportunities at a given time. Please also check how Calamos Convertible's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Calamos Convertible without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Calamos Mutual Fund?

Before investing in Calamos Convertible, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Calamos Convertible. To buy Calamos Convertible fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Calamos Convertible. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Calamos Convertible fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Calamos Convertible Opportunities fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Calamos Convertible Opportunities fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Calamos Convertible Opportunities, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Calamos Convertible Opportunities?

The danger of trading Calamos Convertible Opportunities is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Calamos Convertible is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Calamos Convertible. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Calamos Convertible is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Calamos Convertible Opportunities. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

Complementary Tools for Calamos Mutual Fund analysis

When running Calamos Convertible's price analysis, check to measure Calamos Convertible's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Calamos Convertible is operating at the current time. Most of Calamos Convertible's value examination focuses on studying past and present price action to predict the probability of Calamos Convertible's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Calamos Convertible's price. Additionally, you may evaluate how the addition of Calamos Convertible to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Calamos Convertible's value and its price as these two are different measures arrived at by different means. Investors typically determine if Calamos Convertible is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Calamos Convertible's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.