Calamos Dynamic Convertible Fund Technical Analysis
| CCD Fund | USD 21.85 0.13 0.60% |
As of the 14th of March 2026, the last recorded price for Calamos Dynamic is 21.85 per share. Primary technical drivers reflect Downside Deviation of 0.9983, risk adjusted performance of 0.0587, and Mean Deviation of 0.7437. Quantitative analysis incorporates volatility metrics and price behavior to assess directional bias. Metrics are compared to industry averages to assess relative positioning.
Calamos Dynamic Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Calamos, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CalamosCalamos |
What if' Analysis
Running a what-if backtest on Calamos Dynamic Convertible gives investors a practical way to test how changes in horizon, position size, or market timing might have affected the result. Used properly, this review helps investors decide whether Calamos Dynamic's historical reward profile was stable enough to support the current thesis.
| 12/14/2025 |
| 03/14/2026 |
If you invested 0.00 in Calamos Dynamic on December 14, 2025 and closed the position today, you would earn 0.00 in aggregate gains. The change equals a 0.0% return on investment in Calamos Dynamic on balance over a 90 day window. Calamos Dynamic is related to or competes with Calamos Global, Nuveen California, Aberdeen Standard, Eaton Vance, AMERICAN BEACON, Western Asset, and AllianzGI Convertible. Peer context can support comparative analysis. Calamos Dynamic Convertible and Income Fund is a closed ended fixed income mutual fund launched by Calamos Investments L... More
Calamos Dynamic Upside and Downside Indicators Signals
Upside and downside indicators for Calamos Dynamic summarize momentum balance and potential range context for the fund. The signals are presented as informational context for recent price movement.
| Downside Deviation | 0.9983 | |||
| Information Ratio | 0.1047 | |||
| Maximum Drawdown | 5.28 | |||
| Value At Risk | -1.55 | |||
| Potential Upside | 2.13 |
Calamos Dynamic Market Risk Indicators Signals
Market risk indicators summarize volatility and return dispersion for Calamos Dynamic. This view provides neutral context for risk and variability.| Risk Adjusted Performance | 0.0587 | |||
| Jensen Alpha | 0.0971 | |||
| Total Risk Alpha | 0.1216 | |||
| Sortino Ratio | 0.1084 | |||
| Treynor Ratio | 0.0841 |
The concept of mean reversion suggests that Calamos Dynamic's price will eventually return toward its long-run average. High prices may deter value investors, while unusually low prices often attract buyers who anticipate a recovery.
Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0587 | |||
| Market Risk Adjusted Performance | 0.0941 | |||
| Mean Deviation | 0.7437 | |||
| Semi Deviation | 0.8924 | |||
| Downside Deviation | 0.9983 | |||
| Coefficient Of Variation | 1408.89 | |||
| Standard Deviation | 1.03 | |||
| Variance | 1.07 | |||
| Information Ratio | 0.1047 | |||
| Jensen Alpha | 0.0971 | |||
| Total Risk Alpha | 0.1216 | |||
| Sortino Ratio | 0.1084 | |||
| Treynor Ratio | 0.0841 | |||
| Maximum Drawdown | 5.28 | |||
| Value At Risk | -1.55 | |||
| Potential Upside | 2.13 | |||
| Downside Variance | 0.9966 | |||
| Semi Variance | 0.7965 | |||
| Expected Short fall | -0.79 | |||
| Skewness | 0.5002 | |||
| Kurtosis | 1.01 |
Calamos Dynamic Backtested Returns
Over the selected 3 months, Calamos Dynamic demonstrates a very low volatility profile. It shows a risk-adjusted return measure of 0.096, signaling dispersion-adjusted returns across 3 months. Quantitative evaluation found twenty-eight metrics shaping volatility behavior. Please analyze metrics such as risk-adjusted performance of 0.0587, downside deviation of 0.9983, and mean deviation of 0.7437 to assess dispersion and downside exposure. The fund owns a Beta (Systematic Risk) of 0.75, which conveys possible diversification benefits within a given portfolio. With a sub-1 beta, Calamos Dynamic participates in market rallies at a reduced pace while also limiting downside exposure.
Auto-correlation | -0.07 |
Very weak reverse predictability
Serial correlation analysis for Calamos Dynamic Convertible reveals very weak reverse predictability across the intervals from 14th of December 2025 to 28th of January 2026 and from 28th of January 2026 to 14th of March 2026. The degree of alignment between past and current intervals shapes expectations about Calamos Dynamic's price persistence. At -0.07, barely 7.0% of current Calamos Dynamic price movement aligns with historical price trajectory. Given that Calamos Dynamic Convertible has negative autocorrelation for the selected time horizon, market participants may evaluate potential contrarian price behavior over comparable future intervals.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
Calamos Dynamic technical fund analysis uses price and volume transformations to study behavior. The model references moving averages, relative strength, and price correlation signals.
Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Calamos Dynamic volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Technical Analysis Methodology & Indicators
Technical analysis of Calamos Dynamic focuses on NAV trend behavior and volatility patterns where pricing frequency permits. Volume and liquidity conditions influence signal reliability. Reduced trading volume may increase short-term pricing variability.
For Calamos Dynamic Convertible, this section uses fund disclosures and market reference feeds with Macroaxis normalization rules applied to keep cross-asset comparisons consistent. Intraday timing differences may exist.
This content is curated and reviewed by:
Gabriel Shpitalnik - Member of Macroaxis Editorial BoardCalamos Dynamic Technical Indicators
A technical review of Calamos Dynamic Convertible can improve timing discipline by comparing momentum, reversal risk, and confirmation signals across several time horizons. The stronger process confirms one signal with others instead of reacting to one pattern in isolation.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0587 | |||
| Market Risk Adjusted Performance | 0.0941 | |||
| Mean Deviation | 0.7437 | |||
| Semi Deviation | 0.8924 | |||
| Downside Deviation | 0.9983 | |||
| Coefficient Of Variation | 1408.89 | |||
| Standard Deviation | 1.03 | |||
| Variance | 1.07 | |||
| Information Ratio | 0.1047 | |||
| Jensen Alpha | 0.0971 | |||
| Total Risk Alpha | 0.1216 | |||
| Sortino Ratio | 0.1084 | |||
| Treynor Ratio | 0.0841 | |||
| Maximum Drawdown | 5.28 | |||
| Value At Risk | -1.55 | |||
| Potential Upside | 2.13 | |||
| Downside Variance | 0.9966 | |||
| Semi Variance | 0.7965 | |||
| Expected Short fall | -0.79 | |||
| Skewness | 0.5002 | |||
| Kurtosis | 1.01 |
March 14, 2026 Daily Trend Indicators
A technical review of Calamos Dynamic Convertible can improve timing discipline by comparing momentum, reversal risk, and confirmation signals across several time horizons. The stronger process confirms one signal with others instead of reacting to one pattern in isolation.
| Accumulation Distribution | 2,917 | ||
| Daily Balance Of Power | 0.17 | ||
| Rate Of Daily Change | 1.01 | ||
| Day Median Price | 21.99 | ||
| Day Typical Price | 21.94 | ||
| Price Action Indicator | -0.07 |