Calamos Mutual Fund Quote

CAGCX
 Fund
  

USD 9.45  0.09  0.94%   

Market Performance
0 of 100
Odds Of Distress
Less than 2
Calamos Global is trading at 9.45 as of the 28th of September 2022; that is -0.94 percent decrease since the beginning of the trading day. The fund's open price was 9.54. Calamos Global 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 Global Convertible are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of October 2020 and ending today, the 28th of September 2022. Click here to learn more.
The fund invests mainly in a globally-diversified portfolio of convertible securities issued by both U.S. and foreign companies without regard to market capitalization. Calamos Global is traded on NASDAQ Exchange in the United States. More on Calamos Global Convertible

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Calamos Global 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 Global's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Calamos Global or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Calamos Global Conve generated a negative expected return over the last 90 days
Calamos Global Conve is unlikely to experience financial distress in the next 2 years
The fund holds most of the assets under management (AUM) in different types of exotic instruments.
Thematic IdeaConvertibles (view all)
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 Global's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Startdate1st of March 2015
Calamos Global Convertible [CAGCX] is traded in USA and was established 28th of September 2022. The fund is listed under Convertibles category and is part of Calamos family. The entity is thematically classified as Convertibles. Calamos Global Conve currently has accumulated 151.85 M in assets under management (AUM) with no minimum investment requirements, while the total return for the last 3 years was 7.17%.
Check Calamos Global Probability Of Bankruptcy

Instrument Allocation

Top Calamos Global Convertible Constituents

Calamos Global Target Price Odds Analysis

Based on a normal probability distribution, the odds of Calamos Global jumping above the current price in 90 days from now is about 99.0%. The Calamos Global Convertible probability density function shows the probability of Calamos Global mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Calamos Global has a beta of 0.0527 suggesting as returns on the market go up, Calamos Global average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Calamos Global Convertible will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Calamos Global Conve is significantly underperforming DOW.
  Odds Below 9.45HorizonTargetOdds Above 9.45
1.03%90 days
 9.45 
98.94%
Based on a normal probability distribution, the odds of Calamos Global to move above the current price in 90 days from now is about 99.0 (This Calamos Global Convertible probability density function shows the probability of Calamos Mutual Fund to fall within a particular range of prices over 90 days) .

Calamos Global Conve Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Calamos Global market risk premium is the additional return an investor will receive from holding Calamos Global 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 Global. 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 Global's alpha and beta are two of the key measurements used to evaluate Calamos Global's performance over the market, the standard measures of volatility play an important role as well.

Calamos Global Against Markets

Picking the right benchmark for Calamos Global 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 Global 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 Global is critical whether you are bullish or bearish towards Calamos Global Convertible 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 Global 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 Global Convertible?

The danger of trading Calamos Global Convertible 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 Global 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 Global. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Calamos Global Conve 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 Global Conve information on this page should be used as a complementary analysis to other Calamos Global'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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Complementary Tools for Calamos Mutual Fund analysis

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