Calamos Market Neutral Fund Technical Analysis
| CMNIX Fund | USD 14.36 0.01 0.07% |
As of the 19th of April, Calamos Market shows the Mean Deviation of 0.0816, risk adjusted performance of 0.0577, and Coefficient Of Variation of 579.5. Calamos Market Neutral technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the entity's future prices. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to collect and analyze data for eighteen technical drivers for Calamos Market Neutral, which can be compared to its peers. Please confirm Calamos Market Neutral coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Calamos Market Neutral is priced correctly, providing market reflects its regular price of 14.36 per share.
Calamos Market Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Calamos, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CalamosCalamos |
Calamos Market technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Calamos Market Neutral Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Calamos Market Neutral volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Calamos Market Neutral Trend Analysis
Use this graph to draw trend lines for Calamos Market Neutral. You can use it to identify possible trend reversals for Calamos Market as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Calamos Market price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Calamos Market Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Calamos Market Neutral applied against its price change over selected period. The best fit line has a slop of 0 , which means Calamos Market Neutral will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.49, which is the sum of squared deviations for the predicted Calamos Market price change compared to its average price change.About Calamos Market Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Calamos Market Neutral on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Calamos Market Neutral based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Calamos Market Neutral price pattern first instead of the macroeconomic environment surrounding Calamos Market Neutral. By analyzing Calamos Market's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Calamos Market's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Calamos Market specific price patterns or momentum indicators. Please read more on our technical analysis page.
Calamos Market April 19, 2024 Technical Indicators
Most technical analysis of Calamos help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Calamos from various momentum indicators to cycle indicators. When you analyze Calamos charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Volume Indicators |
| Risk Adjusted Performance | 0.0577 | |||
| Market Risk Adjusted Performance | 0.1012 | |||
| Mean Deviation | 0.0816 | |||
| Downside Deviation | 0.1219 | |||
| Coefficient Of Variation | 579.5 | |||
| Standard Deviation | 0.1049 | |||
| Variance | 0.011 | |||
| Information Ratio | (0.48) | |||
| Jensen Alpha | 0.0029 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (0.41) | |||
| Treynor Ratio | 0.0912 | |||
| Maximum Drawdown | 0.4914 | |||
| Value At Risk | (0.14) | |||
| Potential Upside | 0.2088 | |||
| Downside Variance | 0.0148 | |||
| Semi Variance | (0.01) | |||
| Expected Short fall | (0.11) | |||
| Skewness | 0.0842 | |||
| Kurtosis | 0.3339 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Calamos Market Neutral. 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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.