CALAMOS Mutual Fund Quote

CVAAX
 Fund
  

USD 16.29  0.31  1.87%   

Market Performance
0 of 100
Odds Of Distress
Less than 3
CALAMOS OPPORTUNISTIC is trading at 16.29 as of the 6th of December 2022; that is -1.87 percent decrease since the beginning of the trading day. The fund's open price was 16.6. CALAMOS OPPORTUNISTIC has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for CALAMOS OPPORTUNISTIC VALUE are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 16th of December 2020 and ending today, the 6th of December 2022. Click here to learn more.
CUSIP
128119666
ISIN
US1281196667
Fiscal _ Year _ End
October
Its portfolio may include securities of well-established companies with large market capitalizations as well as small, unseasoned companies. Calamos Value is traded on NASDAQ Exchange in the United States. More on CALAMOS OPPORTUNISTIC VALUE

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CALAMOS OPPORTUNISTIC Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. CALAMOS OPPORTUNISTIC's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding CALAMOS OPPORTUNISTIC or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
The fund holds about 5.24% of its assets under management (AUM) in cash
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of CALAMOS OPPORTUNISTIC's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldFairly Valued
Startdate2nd of January 2002
CALAMOS OPPORTUNISTIC VALUE [CVAAX] is traded in USA and was established 6th of December 2022. The fund is listed under Large Blend category and is part of Calamos family. CALAMOS OPPORTUNISTIC currently has accumulated 40.37 M in assets under management (AUM) with no minimum investment requirements, while the total return for the last 3 years was 7.25%.
Check CALAMOS OPPORTUNISTIC Probability Of Bankruptcy

Instrument Allocation

Sector Allocation (%)

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on CALAMOS Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding CALAMOS Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as CALAMOS OPPORTUNISTIC VALUE Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top CALAMOS OPPORTUNISTIC VALUE Constituents

CALAMOS OPPORTUNISTIC Target Price Odds Analysis

Based on a normal probability distribution, the odds of CALAMOS OPPORTUNISTIC jumping above the current price in 90 days from now is about 14.58%. The CALAMOS OPPORTUNISTIC VALUE probability density function shows the probability of CALAMOS OPPORTUNISTIC mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the mutual fund has a beta coefficient of 1.0299 suggesting CALAMOS OPPORTUNISTIC VALUE market returns are sensitive to returns on the market. As the market goes up or down, CALAMOS OPPORTUNISTIC is expected to follow. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. CALAMOS OPPORTUNISTIC is significantly underperforming NYSE Composite.
  Odds Below 16.29HorizonTargetOdds Above 16.29
85.23%90 days
 16.29 
14.58%
Based on a normal probability distribution, the odds of CALAMOS OPPORTUNISTIC to move above the current price in 90 days from now is about 14.58 (This CALAMOS OPPORTUNISTIC VALUE probability density function shows the probability of CALAMOS Mutual Fund to fall within a particular range of prices over 90 days) .

CALAMOS OPPORTUNISTIC Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. CALAMOS OPPORTUNISTIC market risk premium is the additional return an investor will receive from holding CALAMOS OPPORTUNISTIC long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in CALAMOS OPPORTUNISTIC. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although CALAMOS OPPORTUNISTIC's alpha and beta are two of the key measurements used to evaluate CALAMOS OPPORTUNISTIC's performance over the market, the standard measures of volatility play an important role as well.

CALAMOS OPPORTUNISTIC Against Markets

Picking the right benchmark for CALAMOS OPPORTUNISTIC mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in CALAMOS OPPORTUNISTIC mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for CALAMOS OPPORTUNISTIC is critical whether you are bullish or bearish towards CALAMOS OPPORTUNISTIC VALUE at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in CALAMOS OPPORTUNISTIC without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Invested in CALAMOS OPPORTUNISTIC VALUE?

The danger of trading CALAMOS OPPORTUNISTIC VALUE is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of CALAMOS OPPORTUNISTIC is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than CALAMOS OPPORTUNISTIC. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile CALAMOS OPPORTUNISTIC is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Continue to Trending Equities. Note that the CALAMOS OPPORTUNISTIC information on this page should be used as a complementary analysis to other CALAMOS OPPORTUNISTIC'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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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When running CALAMOS OPPORTUNISTIC price analysis, check to measure CALAMOS OPPORTUNISTIC'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 OPPORTUNISTIC is operating at the current time. Most of CALAMOS OPPORTUNISTIC's value examination focuses on studying past and present price action to predict the probability of CALAMOS OPPORTUNISTIC's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move CALAMOS OPPORTUNISTIC's price. Additionally, you may evaluate how the addition of CALAMOS OPPORTUNISTIC to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between CALAMOS OPPORTUNISTIC's value and its price as these two are different measures arrived at by different means. Investors typically determine CALAMOS OPPORTUNISTIC value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CALAMOS OPPORTUNISTIC'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.