Calamos Glbl (Ireland) Risk Analysis And Volatility

F000005G5E -- Ireland Fund  

USD 16.39  0.00  0.00%

Our philosophy towards foreseeing volatility of a fund is to use all available market data together with fund specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Calamos Glbl Conv Opps I USD Acc which you can use to evaluate future volatility of the entity. Please confirm Calamos Glbl Conv Downside Deviation of 1.07, Risk Adjusted Performance of 0.0877 and Mean Deviation of 0.3941 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

Calamos Glbl Market Sensitivity

As returns on market increase, Calamos Glbl returns are expected to increase less than the market. However during bear market, the loss on holding Calamos Glbl will be expected to be smaller as well.
2 Months Beta |Analyze Calamos Glbl Conv Demand Trend
Check current 30 days Calamos Glbl correlation with market (DOW)
β = 0.1405

Calamos Glbl Central Daily Price Deviation

Calamos Glbl Conv Technical Analysis

Transformation
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.

Calamos Glbl Projected Return Density Against Market

Assuming 30 trading days horizon, Calamos Glbl has beta of 0.1405 suggesting as returns on market go up, Calamos Glbl average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Calamos Glbl Conv Opps I USD Acc will be expected to be much smaller as well. Moreover, Calamos Glbl Conv Opps I USD Acc has an alpha of 0.0614 implying that it can potentially generate 0.0614% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.06
β
Beta against DOW=0.14
σ
Overall volatility
=0.00
Ir
Information ratio =0.24

Calamos Glbl Return Volatility

Calamos Glbl Conv Opps I USD Acc accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 2.0388% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Calamos Glbl Volatility Factors

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

60 Days Economic Sensitivity

Insignificant

Investment Outlook

Calamos Glbl Investment Opportunity

DOW has a standard deviation of returns of 2.04 and is 9.223372036854776E16 times more volatile than Calamos Glbl Conv Opps I USD Acc. 0% of all equities and portfolios are less risky than Calamos Glbl. Compared to the overall equity markets, volatility of historical daily returns of Calamos Glbl Conv Opps I USD Acc is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Calamos Glbl Conv Opps I USD Acc to protect your portfolios against small markets fluctuations. The fund experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Calamos Glbl to be traded at $16.23 in 30 days. . As returns on market increase, Calamos Glbl returns are expected to increase less than the market. However during bear market, the loss on holding Calamos Glbl will be expected to be smaller as well.

Calamos Glbl correlation with market

correlation synergy
Weak diversification
Overlapping area represents the amount of risk that can be diversified away by holding Calamos Glbl Conv Opps I USD A and equity matching DJI index in the same portfolio.

Calamos Glbl Volatility Indicators

Calamos Glbl Conv Opps I USD Acc Current Risk Indicators

Additionally see Investing Opportunities. Please also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Search macroaxis.com