Calamos Global Equity Fund Quote
| CAGEX Fund | USD 15.74 0.08 0.51% |
Performance12 of 100
| Odds Of DistressLess than 18
|
Calamos Global is trading at 15.74 as of the 19th of April 2024; that is -0.51% down since the beginning of the trading day. The fund's open price was 15.82. Calamos Global has less than a 18 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Calamos Global Equity are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
The fund invests primarily in a globally-diversified portfolio of equity securities. It normally invests at least 80 percent of its net assets in equity securities, including convertible securities convertible into equity securities. The funds portfolio may include securities of well-established companies with large market capitalizations as well as small, unseasoned companies. More on Calamos Global Equity
Moving together with Calamos Mutual Fund
| 0.96 | CVAIX | Calamos Opportunistic | PairCorr |
| 0.96 | CVACX | Calamos Opportunistic | PairCorr |
| 0.96 | CVAAX | Calamos Opportunistic | PairCorr |
| 0.97 | CVGRX | Calamos Growth | PairCorr |
| 0.97 | CVGCX | Calamos Growth | PairCorr |
| 1.0 | CVLOX | Calamos Global Growth | PairCorr |
| 1.0 | CVLCX | Calamos Global Growth | PairCorr |
Calamos 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.
| Fund Concentration | Calamos Funds, Large Growth Funds, World Large-Stock Growth Funds, World Large-Stock Growth, Calamos (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 1st of March 2023 |
| Fiscal Year End | October |
Calamos Global Equity [CAGEX] is traded in USA and was established 19th of April 2024. Calamos Global is listed under Calamos category by Fama And French industry classification. The fund is listed under World Large-Stock Growth category and is part of Calamos family. This fund currently has accumulated 81.78 M in assets under management (AUM) with no minimum investment requirementsCalamos Global Equity is currently producing year-to-date (YTD) return of 17.44%, while the total return for the last 3 years was 4.51%.
Check Calamos Global 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 Global Equity 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 Global Equity Mutual Fund Constituents
| CYBR | CyberArk Software | Stock | Information Technology |
| ALC | Alcon AG | Stock | Health Care |
| PWR | Quanta Services | Stock | Industrials |
| ORCL | Oracle | Stock | Information Technology |
| NVO | Novo Nordisk AS | Stock | Health Care |
| NVDA | NVIDIA | Stock | Information Technology |
| MSFT | Microsoft | Stock | Information Technology |
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 41.48%. The Calamos Global Equity 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 the mutual fund has a beta coefficient of 1.0699 suggesting Calamos Global Equity market returns are sensitive to returns on the market. As the market goes up or down, Calamos Global is expected to follow. Additionally, calamos Global Equity has an alpha of 0.1143, implying that it can generate a 0.11 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Calamos Global to move above the current price in 90 days from now is about 41.48 (This Calamos Global Equity probability density function shows the probability of Calamos Mutual Fund to fall within a particular range of prices over 90 days) .
Calamos Global Equity 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.
| Mean Deviation | 0.7983 | |||
| Semi Deviation | 0.6692 | |||
| Standard Deviation | 1.01 | |||
| Variance | 1.02 |
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 Equity at a given time. Please also check how Calamos Global's historical prices are related to one of the top price index indicators.
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.Did you try this?
Run Latest Portfolios Now
Latest PortfoliosQuick portfolio dashboard that showcases your latest portfolios |
| All Next | Launch Module |
How to buy Calamos Mutual Fund?
Before investing in Calamos Global, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Calamos Global. To buy Calamos Global fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Calamos Global. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Calamos Global fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Calamos Global Equity fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Calamos Global Equity fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Calamos Global Equity, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Calamos Global Equity?
The danger of trading Calamos Global Equity 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 Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Calamos Global Equity 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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Calamos Global Equity. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Calamos Global Equity 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 the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .