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CVSIX
Mutual Fund ticker: NASDAQ
AS OF
Dec 18 closing price
Price
$15.27
Change
-$0.02 (-0.13%)
Net Assets
15.32B

CVSIX Calamos Market Neutral Income A Forecast, Technical & Fundamental Analysis

Category Trading
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Microsoft Corp (NASDAQ:MSFT), Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN), Palo Alto Networks Inc (NASDAQ:PANW), Pioneer Natural Resource Co (null:PXD).

Industry description

The investment seeks high current income consistent with stability of principal. The fund i) invests in equities, (ii) convertible securities of U.S. companies without regard to market capitalization and (iii) employs short selling and enters into total return swaps to enhance income and hedge against market risk. The average term to maturity of the convertible securities purchased by the fund will typically range from two to ten years. It may seek to generate income from option premiums by writing (selling) options. The fund may invest without limit in high yield fixed-income securities (often referred to as "junk bonds").

Market Cap

The average market capitalization across the Calamos Market Neutral Income A MF is 2.3T. The market cap for tickers in the group ranges from 61.67B to 3.19T. NVDA holds the highest valuation in this group at 3.19T. The lowest valued company is PXD at 61.67B.

Volume

The average weekly volume growth across all stocks in the Calamos Market Neutral Income A MF was 36%. For the same stocks of the MF, the average monthly volume growth was -12% and the average quarterly volume growth was -46%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 85
P/E Growth Rating: 69
Price Growth Rating: 21
SMR Rating: 21
Profit Risk Rating: 9
Seasonality Score: -33 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category Trading

Profile
Fundamentals
Details
Category
Relative Value Arbitrage
Address
Calamos Investment Trust2020 Calamos CourtNaperville
Phone
N/A
Web
www.calamos.com
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CVSIX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, CVSIX has been closely correlated with CVSOX. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if CVSIX jumps, then CVSOX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CVSIX
1D Price
Change %
CVSIX100%
+0.07%
CVSOX - CVSIX
99%
Closely correlated
+0.07%
CVSCX - CVSIX
99%
Closely correlated
N/A
CMNIX - CVSIX
99%
Closely correlated
+0.07%
WMNIX - CVSIX
22%
Poorly correlated
-0.10%
WMNUX - CVSIX
21%
Poorly correlated
-0.10%
More