Calamos Market Probability of Target Price Finishing Above 13.64

CVSCX -- USA Fund  

USD 13.71  0.01  0.07%

Calamos Market probability of target price tool provides mechanism to make assumptions about upside and downside potential of Calamos Market Neutral Fd Cl C performance during a given time horizon utilizing its historical volatility. Please specify Calamos Market time horizon, a valid symbol (red box) and a target price (blue box) you would like Calamos Market odds to be computed. Check also Calamos Market Backtesting, Portfolio Optimization, Calamos Market Correlation, Calamos Market Hype Analysis, Calamos Market Volatility, Calamos Market History as well as Calamos Market Performance.
Horizon     30 Days    Login   to change
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Calamos Market Target Price Odds to finish below 13.64

Current PriceHorizonTarget PriceOdds to drop to $ 13.64  or more in 30 days
 13.71 30 days 13.64 
about 35.23
Based on normal probability distribution, the odds of Calamos Market to drop to $ 13.64  or more in 30 days from now is about 35.23 (This Calamos Market Neutral Fd Cl C probability density function shows the probability of Calamos Market Fund to fall within a particular range of prices over 30 days) . Probability of Calamos Market Neutral price to stay between $ 13.64  and its current price of $13.71 at the end of the 30-day period is about 56.69 .
Assuming 30 trading days horizon, Calamos Market has beta of 0.082 . This suggests as returns on market go up, Calamos Market average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Calamos Market Neutral Fd Cl C will be expected to be much smaller as well. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Calamos Market Neutral is significantly underperforming DOW.
 Calamos Market Price Density 
      Price 
α
Alpha over DOW
=0.0048
β
Beta against DOW=0.08
σ
Overall volatility
=0.0353
Ir
Information ratio =0.62

Calamos Market Alerts and Suggestions

Latest headline from MacroaxisInsider: Sale by Sadler Michael W of 5000 shares of Micron Technology
The fund holds about 25.32% of its assets under management (AUM) in cash

Calamos MarketPrice Density Drivers

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