Calamos Mutual Fund Manager Performance Evaluation

CIDVX -  USA Fund  

USD 17.02  0.04  0.24%

The fund shows a Beta (market volatility) of 0.9667, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Calamos's beta means in this case. Calamos Dividend returns are very sensitive to returns on the market. As the market goes up or down, Calamos Dividend is expected to follow. Although it is extremely important to respect Calamos Dividend Growth historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards foreseeing future performance of any fund is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Calamos Dividend Growth technical indicators, you can presently evaluate if the expected return of 0.0655% will be sustainable into the future.

Calamos Mutual Fund Performance 

 
Refresh
 Calamos Performance
6 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Calamos Dividend Growth are ranked lower than 6 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Calamos Dividend is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
Fifty Two Week Low13.02
Fifty Two Week High16.97
Annual Report Expense Ratio1.11%

Calamos Dividend Relative Risk vs. Return Landscape

If you would invest  1,632  in Calamos Dividend Growth on July 30, 2021 and sell it today you would earn a total of  66.00  from holding Calamos Dividend Growth or generate 4.04% return on investment over 90 days. Calamos Dividend Growth is currently producing 0.0655% returns and takes up 0.723% volatility of returns over 90 trading days. Put another way, 6% of traded mutual funds are less volatile than Calamos, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming the 90 days horizon Calamos Dividend is expected to generate 1.01 times more return on investment than the market. However, the company is 1.01 times more volatile than its market benchmark. It trades about 0.09 of its potential returns per unit of risk. The DOW is currently generating roughly 0.04 per unit of risk.

Calamos Dividend Current Valuation

Fairly Valued
Today
17.02
28th of October 2021
Share
Please note that Calamos Dividend's price fluctuation is very steady at this time.
Calamos Dividend Growth shows a prevailing Real Value of $16.93 per share. The current price of the fund is $17.02. At this time, the entity appears to be fairly valued. We determine the value of Calamos Dividend Growth from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued instruments and dropping overvalued instruments since, at some point, stock prices and their ongoing real values will blend.
Our valuation method for Calamos Dividend Growth is useful when determining the fair value of the Calamos mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Calamos Dividend. Since Calamos Dividend is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Calamos Mutual Fund. However, Calamos Dividend's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
16.93
Real Value
17.65
Upside
Estimating the potential upside or downside of Calamos Dividend Growth helps investors to forecast how Calamos mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Calamos Dividend more accurately as focusing exclusively on Calamos Dividend's fundamentals will not take into account other important factors:
Hype
Prediction
LowEstimated ValueHigh
16.3417.0617.78
Details

Calamos Dividend Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Calamos Dividend's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Calamos Dividend Growth, and traders can use it to determine the average amount a Calamos Dividend's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0906

Best
Portfolio
Best
Equity
Good Returns
Average Returns
Small Returns
CashCIDVXAverage
Risk
High
Risk
Huge
Risk
Negative Returns
Estimated Market Risk
 0.72
  actual daily
 
 6 %
of total potential
 
66
Expected Return
 0.07
  actual daily
 
 1 %
of total potential
 
11
Risk-Adjusted Return
 0.09
  actual daily
 
 6 %
of total potential
 
66
Based on monthly moving average Calamos Dividend is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Calamos Dividend by adding it to a well-diversified portfolio.

About Calamos Dividend Performance

To evaluate Calamos Dividend Growth Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Calamos Dividend generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Calamos Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Calamos Dividend Growth stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Calamos's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
The investment seeks income and capital appreciation primarily through investments in dividend paying equities. Calamos Dividend is traded on NASDAQ Exchange in the United States.

Things to note about Calamos Dividend Growth

Checking the ongoing alerts about Calamos Dividend for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Calamos Dividend Growth help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Calamos Dividend Alerts

Equity Alerts and Improvement Suggestions

Calamos Dividend is unlikely to experience financial distress in the next 2 years
The fund holds all of its assets under management (AUM) in equities
Continue to Trending Equities. Note that the Calamos Dividend Growth information on this page should be used as a complementary analysis to other Calamos Dividend's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Complementary Tools for Calamos Mutual Fund analysis

When running Calamos Dividend Growth price analysis, check to measure Calamos Dividend'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 Dividend is operating at the current time. Most of Calamos Dividend's value examination focuses on studying past and present price action to predict the probability of Calamos Dividend's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Calamos Dividend's price. Additionally, you may evaluate how the addition of Calamos Dividend to your portfolios can decrease your overall portfolio volatility.
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Go
Analyst Recommendations
Analyst recommendations and target price estimates broken down by several categories
Go
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Go
Fund Screener
Find activelly-traded funds from around the world traded on over 30 global exchanges
Go
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Go
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Go
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Go
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Go
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Go
Money Managers
Screen money managers from public funds and ETFs managed around the world
Go
Please note, there is a significant difference between Calamos Dividend's value and its price as these two are different measures arrived at by different means. Investors typically determine Calamos Dividend value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Calamos Dividend'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.