Calamos Mutual Fund Volatility

CTSIX Fund

USD 25.37 0.16 0.63%

We consider Calamos Timpani very steady. Calamos Timpani Small secures Sharpe Ratio (or Efficiency) of 0.0288, which signifies that the fund had 0.0288% of return per unit of risk over the last 3 months. Our standpoint towards foreseeing the 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-six technical indicators for Calamos Timpani Small, which you can use to evaluate the future volatility of the entity. Please confirm Calamos Timpani Small Risk Adjusted Performance of 0.0037, mean deviation of 1.15, and Downside Deviation of 1.56 to double-check if the risk estimate we provide is consistent with the expected return of 0.0418%.

Calamos Timpani Mutual Fund volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of Calamos daily returns, and it is calculated using variance and standard deviation. We also use Calamos's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Calamos Timpani volatility.

720 Days Market Risk

Very steady

Focus

Chance of Distress

Very Small

Focus

720 Days Economic Sensitivity

Almost neglects market trends

Focus

Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Calamos Timpani can benefit from it. Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Calamos Timpani at lower prices. For example, an investor can purchase Calamos stock that has halved in price over a short period. This will lower your average cost per share, thereby improving your portfolio's performance when the markets normalize. Similarly, when the prices of Calamos Timpani's stock rises, investors can sell out and invest the proceeds in other equities with better opportunities. Investing when markets are volatile with better valuations will accord both investors and companies the opportunity to generate better long-term returns.

Moving together with Calamos Timpani

+	0.88	VISGX	VANGUARD SMALL-CAP GROWTH	Pair Corr
+	0.88	VSGIX	VANGUARD SMALL-CAP GROWTH	Pair Corr
+	0.76	VSGAX	VANGUARD SMALL-CAP GROWTH	Pair Corr
+	0.77	VEXRX	VANGUARD EXPLORER FUND	Pair Corr
+	0.77	VEXPX	VANGUARD EXPLORER FUND	Pair Corr
+	0.89	JGMAX	JANUS TRITON FUND	Pair Corr
+	0.78	JGMNX	JANUS TRITON FUND	Pair Corr
+	0.77	OTCFX	T ROWE PRICE	Pair Corr
+	0.77	NBGAX	NEUBERGER BERMAN GENESIS	Pair Corr

Calamos Timpani Market Sensitivity And Downside Risk

Calamos Timpani's beta coefficient measures the volatility of Calamos mutual fund compared to the systematic risk of the entire stock market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents Calamos mutual fund's returns against your selected market. In other words, Calamos Timpani's beta of -0.35 provides an investor with an approximation of how much risk Calamos Timpani mutual fund can potentially add to one of your existing portfolios.

Calamos Timpani Small has relatively low volatility with skewness of -0.24 and kurtosis of -0.38. However, we advise all investors to independently investigate Calamos Timpani Small to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Calamos Timpani's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Calamos Timpani's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

3 Months Beta |Analyze Calamos Timpani Small Demand Trend

Check current 90 days Calamos Timpani correlation with market (NYSE Composite)

Calamos Beta

-0.35

Calamos standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. Typical volatile equity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.

Standard Deviation

1.45

It is essential to understand the difference between upside risk (as represented by Calamos Timpani's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Calamos Timpani's daily returns or price. Since the actual investment returns on holding a position in calamos mutual fund tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in Calamos Timpani.

Calamos Timpani Small Mutual Fund Volatility Analysis

Volatility refers to the frequency at which Calamos Timpani fund price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Calamos Timpani's price changes. Investors will then calculate the volatility of Calamos Timpani's mutual fund to predict their future moves. A fund that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A mutual fund with relatively stable price changes has low volatility. A highly volatile fund is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of Calamos Timpani's volatility:

Historical Volatility

This type of fund volatility measures Calamos Timpani's fluctuations based on previous trends. It's commonly used to predict Calamos Timpani's future behavior based on its past. However, it cannot conclusively determine the future direction of the mutual fund.

Implied Volatility

This type of volatility provides a positive outlook on future price fluctuations for Calamos Timpani's current market price. This means that the fund will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Calamos Timpani's to be redeemed at a future date.

Transformation

The output start index for this execution was zero with a total number of output elements of sixty-one. Calamos Timpani Small Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.

Calamos Timpani Projected Return Density Against Market

Assuming the 90 days horizon Calamos Timpani Small has a beta of -0.3509 suggesting as returns on benchmark increase, returns on holding Calamos Timpani are expected to decrease at a much lower rate. During the bear market, however, Calamos Timpani Small is likely to outperform the market.

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Calamos Timpani or Calamos sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Calamos Timpani's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Calamos fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.

The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Calamos Timpani Small is significantly underperforming NYSE Composite.

Predicted Return Density

Returns

Calamos Timpani's volatility is measured either by using standard deviation or beta. Standard deviation will reflect the average amount of how calamos mutual fund's price will differ from the mean after some time.To get its calculation, you should first determine the mean price during the specified period then subtract that from each price point.

What Drives a Calamos Timpani Price Volatility?

Several factors can influence a fund's market volatility:

Industry

Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.

Political and Economic environment

When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.

The Company's Performance

Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.

Calamos Timpani Mutual Fund Risk Measures

α	Alpha over NYSE Composite	-0.02	Details
β	Beta against NYSE Composite	-0.35	Details
σ	Overall volatility	1.45	Details
Ir	Information ratio	0.0203	Details

Calamos Timpani Mutual Fund Return Volatility

Calamos Timpani historical daily return volatility represents how much of Calamos Timpani fund's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The fund shows 1.4516% volatility of returns over 90 . By contrast, NYSE Composite accepts 0.9578% volatility on return distribution over the 90 days horizon.

Performance (%)

Timeline

About Calamos Timpani Volatility

Volatility is a rate at which the price of Calamos Timpani or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Calamos Timpani may increase or decrease. In other words, similar to Calamos's

Calamos Mutual Fund Volatility

720 Days Market Risk

Chance of Distress

720 Days Economic Sensitivity

Moving together with Calamos Timpani

Calamos Timpani Market Sensitivity And Downside Risk

Calamos Beta

Standard Deviation

Calamos Timpani Small Mutual Fund Volatility Analysis

Historical Volatility

Implied Volatility

Calamos Timpani Projected Return Density Against Market

What Drives a Calamos Timpani Price Volatility?

Industry

Political and Economic environment

The Company's Performance

Calamos Timpani Mutual Fund Risk Measures

Calamos Timpani Mutual Fund Return Volatility

About Calamos Timpani Volatility

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