Calamos Emerging (Ireland) Risk Analysis And Volatility Evaluation

F00000MCM4 -- Ireland Fund  

USD 10.53  0.14  1.35%

Our philosophy towards foreseeing volatility of a fund is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Calamos Emerging Markets A USD Acc which you can use to evaluate future volatility of the entity. Please confirm Calamos Emerging Mar Risk Adjusted Performance of 0.07 and Mean Deviation of 0.65 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
 Time Horizon     30 Days    Login   to change

Calamos Emerging Market Sensitivity

As returns on market increase, returns on owning Calamos Emerging are expected to decrease at a much smaller rate. During bear market, Calamos Emerging is likely to outperform the market.
One Month Beta |Analyze Calamos Emerging Mar Demand Trend
Check current 30 days Calamos Emerging correlation with market (DOW)
β = -0.1783
Calamos Emerging Almost negative betaCalamos Emerging Mar Beta Legend

Calamos Emerging Mar Technical Analysis

Transformation
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Projected Return Density Against Market

Assuming 30 trading days horizon, Calamos Emerging Markets A USD Acc has beta of -0.1783 suggesting as returns on benchmark increase, returns on holding Calamos Emerging are expected to decrease at a much smaller rate. During bear market, however, Calamos Emerging Markets A USD Acc is likely to outperform the market. Additionally, Calamos Emerging Markets A USD Acc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.14
β
Beta against DOW=0.18
σ
Overall volatility
=0.00
Ir
Information ratio =0.24

Actual Return Volatility

Calamos Emerging Markets A USD Acc accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.6307% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Calamos Emerging Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Unaffected

Investment Outlook

Calamos Emerging Investment Opportunity
DOW has a standard deviation of returns of 0.63 and is 9.223372036854776E16 times more volatile than Calamos Emerging Markets A USD Acc. 0% of all equities and portfolios are less risky than Calamos Emerging. Compared to the overall equity markets, volatility of historical daily returns of Calamos Emerging Markets A USD Acc is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Calamos Emerging Markets A USD Acc to enhance returns of your portfolios. The fund experiences large bullish trend. Check odds of Calamos Emerging to be traded at $11.58 in 30 days. As returns on market increase, returns on owning Calamos Emerging are expected to decrease at a much smaller rate. During bear market, Calamos Emerging is likely to outperform the market.

Calamos Emerging correlation with market

Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Calamos Emerging Markets A USD and equity matching DJI index in the same portfolio.
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