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65

CHY

๐Ÿฆ Financial Services

Calamos Convertible and High Income Fund

Conservative #252Aggressive #1190Low RiskFโ†‘ 36pt
$11.99-0.58%
Day High$12.04
Day Low$11.92
Volume0.1M
Mkt Cap$951M
52W Low $952W High $12
Market Cap
$950M
P/E Ratio
5.1
Sector avg: 26.8
Rev Growth
-21.9%
Sector avg: 13.4%
Earnings Growth
4.0%
Profit Margin
132.7%
Sector avg: -2.8%
Debt/Equity
0.50

Why This Score

CHY scores 65.4 on the Conservative profile, blending a fundamental score (80% weight, emphasizing quality and stability (84% of fundamental weight)) with a machine-learning signal (20% weight) trained on 82 features across 30 years of data.

Strengths
  • Strong profitability: ROE of 21.6% exceeds the 15% quality threshold.
  • High net margin of 132.7%, indicating pricing power and operational efficiency.
  • Attractively valued at 5.1x earnings, below the market average.
  • Low volatility (3.2% annualized) โ€” well-suited for risk-averse portfolios.
  • Positive but moderate momentum (26%) โ€” steady appreciation without overheating.
Risk Factors
  • Liquidity concern: Limited trading volume or float results in a 5-point penalty for execution risk.

Moderate penalties (-7.9 points) reflect identified risk factors. The overall score balances these against the stock's fundamental strengths.

Score Breakdown

Overall Score65.4
Fundamental Score73.2
ML Score54.0

Score by Horizon

3 Month
1.9
6 Month
2.1
Primary
1 Year
2.3

Quality Assessment

B
Quality Grade
Good quality โ€” solid metrics, minor concerns possible
1 quality flag detected โ€” see details below. These penalties are already factored into the final score.
Quality Flags
False stability: 0.032 vol with only -21.9% revenue growth โ€” stagnation, not safety (declining revenue overrides sector exemption)

Position Sizing

Suggested Allocation
5%
Confidence
high

Score Composition Waterfall

How each component affects the final score
Backtested Scoring Levers (IC-calibrated from 30y ElasticNet)
Weinstein (12.1%)
100
Advancing
Sentiment (2.5%)
59
Neutral
Analyst (6.4%)
75
Favorable
Tradability (post-hoc)
50
Grade Clow dollar volume, range bound
Base
62.0
SHAP
+4.0
Divergence
-0.6
Final
65.4
Positive adjustment
Negative adjustment
Base blend
Final score

Factor Breakdown

63AVG
Value91
Quality78
Growth23
Stability85
Investment37

Signal SegmentsComputed from ML features

Fundamental (Valuation, Quality, Growth)67.0
Technical (Momentum, Weinstein, Volatility)86.0
External (Sentiment, Analyst, Macro)71.0
Scores below 50 indicate weakness in that segment relative to the universe.

Data Quality

Score
Features
Confidence
Feature Coverage89%

Growth Estimates

Short-term
-17.0% to -5.0%
Medium-term
-22.0% to -6.0%
Long-term
-28.6% to -5.6%

ML Model Core Features100 trained inputs โ†’ ML Score: 54

These features are direct inputs to the machine learning model. The model was trained on these signals alongside 100 features (including 12 momentum/technical indicators) to produce the ML percentile score.

Analyst Intelligence
Consensus Score75.0/100
Target Upside+0.0%
Coverage1 analysts
Market Sentiment
Sentiment Score58.5/100
News Volume1 articles
Technical Stage
Weinstein Stage2 โ€” Advancing
12M Momentum+0.3%
6M Momentum+0.2%
Volatility+0.0%
Momentum & Technical
Momentum Acceleration+9.6%
Momentum ConsistencyModerate (0.63)
Relative Strength vs Sector+17.0%
Trend Strength (ADX Proxy)Strong (5.0)
Momentum Quality+0.254
Momentum BreadthBroad โœ“
Macro Regime
Bull RegimeYes
High Vol RegimeNo
S&P 500 Return+25.0%
Yield Curve-0.1bp

Sector-Relative AnalysisIn-model features

Value Trap Signal
29%
Moderate โ€” watch growth
Sector RevGr Rank
P6
Revenue growth vs Financial Services peers
Sector PE Rank
P97
Valuation vs Financial Services peers
Sector FCF Rank
P31
Free cash flow vs Financial Services peers
Growth Deviation
-0.4ฯƒ
Z-score vs sector median
Stagnation Flag
YES
Below-sector growth + cheap PE
Value trap warning: This stock scores in the top quartile for value trap risk. The combination of below-sector-median revenue growth, low PE, and high free cash flow yield suggests the market is pricing in stagnation. The ML model's sector-relative features (trained on 30 years of data) reduce this stock's score accordingly.

Analysis Signals

Scoring Factors
Fundamental score of 73 relative to sector peers73/100
Machine learning ensemble ranks this stock at the 54th percentileP54
Blended score: 80% fundamental (73) + 20% ML (54) = 69.469.4
Risk assessment: low. Low vol 0.0%; Drawdown 2% โ†’ 0.0ptLow
Earnings quality grade B: adequate earnings quality with minor concerns. Score adjusted by 0 pointsGrade B
SHAP feature alignment: +4.0pt (features align with model priorities)SHAP
Divergence penalty: -0.6pt (ML 19pt lower)Divergence
Risk Factors
Quality concern: False stability: 0.032 vol with only -21.9% revenue growth โ€” stagnation, not safety (declining revenue overrides sector exemption)Flag
Liquidity penalty: -5.0pt (grade C)Liquidity

Sector Peer Comparison(Financial Services โ€” Rank #95 of 356 stocks)

StockScoreP/ERev GrowthMarginMkt Cap
CHY65.45.1-21.9%132.7%$950M
CME86.427.29.9%57.5%$114.0B
FHB84.911.83.2%24.2%$3.1B
ACT84.58.92.4%54.6%$6.1B
CINF84.210.711.4%18.9%$25.4B
SEIC82.214.010.7%27.3%$9.9B
TROW79.910.13.1%28.5%$20.5B
QQQX79.710.448.6%257.3%$1.4B
IBOC78.210.67.5%40.1%$4.2B
HWC77.812.2-1.5%24.1%$5.6B
FFIN77.518.811.7%30.7%$4.7B
TRMK77.111.934.8%19.3%$2.6B
NMIH77.17.78.4%55.1%$3.0B
EWBC76.712.74.6%28.3%$15.3B
WSFS76.312.8-3.1%21.1%$3.5B
MCHB76.1N/A123.7%23.2%$3.1B
Sector Average47.526.813.4%-2.8%โ€”

Company Overviewvia FMP

Calamos Convertible and High Income Fund is a closed ended fixed income mutual fund launched by Calamos Investments LLC. It is managed by Calamos Advisors LLC. The fund invests in the fixed income markets of the United States. It primarily invests in a diversified portfolio of convertible securities and high yield corporate bonds rated Ba or lower by Moody's or BB or lower by Standard & Poor's. The fund employs both fundamental and quantitative analysis to create its portfolio. Calamos Convertible and High Income Fund was formed on March 12, 2003 and is domiciled in the United States.

CEO
John Peter Calamos
Beta
1.11
Industry
Asset Management - Income
FMP-Identified Peers

Technical Picturecomputed from daily prices

RSI (14)
71.0
Overbought
Trend
Bullish
10-day vs 50-day MA
From 52W High
-1.1%
High: $12.12
From 52W Low
+33.4%
Low: $8.99
Moving Averages
10-Day
$12.00
Below
20-Day
$11.90
Above
50-Day
$11.70
Above
200-Day
$11.20
Above
60-Day Support
$11.21
60-Day Resistance
$12.12
Weinstein Stage Analysisbased on 200-day SMA framework
Stage 2 โ€” AdvancingScore: 65/100

Stock is in an uptrend above the 200-day moving average. This is the stage where institutional accumulation typically occurs. The 50-day SMA provides support.

Favorable technical position; 50-day SMA acts as support
Price vs 200 SMA
+7.1%
200 SMA Slope (60d)
+3.83%
Rising
Volume Ratio
0.79x
10d avg vs 50d avg
Days in Stage
100
Confidence: 90%

Entry & Exit Zones

In Entry Zone RSI overbought
$10.65
Stop Entry Now Target
$14.84
Entry Zone
$11.58 โ€“ $12.05
SMA50 pullback zone ($11.58โ€“$12.05)
Exit Target
$14.41
52-week high / +22% target ($14.41)
Stop Level
$10.98
Below SMA200 ($10.98)
Risk / Reward:1 : 3.11Favorable

Stage 2 uptrend โ€” institutional accumulation phase. SMA50 pullbacks are the highest-probability entry points. Stop below SMA200 preserves capital if trend breaks.

Technical zones only โ€” derived from moving averages and price structure. Not financial advice. Past technical patterns do not guarantee future performance.

Financial Statementslast 4 quarters via FMP

MetricQ4 2025Q2 2025Q4 2024Q2 2024
Revenue$121M$19M$70M$14M
Gross Profit$115M$0$64M$9M
Operating Income$212M$-4M$84M$121M
Net Income$202M$-16M$71M$108M
EPS (Diluted)$2.54$-0.20$0.92$1.41
Gross Margin95.4%0.0%92.3%62.6%
Operating Margin175.9%-20.7%119.9%857.1%
Net Margin166.9%-80.4%101.6%766.9%

Why This Stock

Financial ServicesP/E ratio of 5.1Profit margin 132.7%

Tradability FilterGrade C โ€” 50/100Score impact: +20.4pt

Volume
51
210K avg/day
Dollar Vol
19
$3M/day
Float
92
79M shares
Mkt Cap
39
$950M
Range
59
35% spread
Composite Liquidity Score50/100
FDCBA
low dollar volumerange bound

Multi-Year Range Analysis

Range-BoundSideways: 47/100
Range-Bound Stock

This stock has traded in a compressed range for 3 of the last 5 years (3-year range: 35.9%). Range-bound stocks may indicate limited upside potential. A -2.3pt penalty has been applied.

YearLowHighRangeStatus
2021$13.92$17.0920.4%Narrow
2022$10.07$16.2647%Wide
2023$9.97$12.9325.9%Moderate
2024$10.77$12.5915.6%Narrow
2025$8.99$12.2730.9%Moderate
3-Year Range
35.9%
Narrow Years
3 / 5
Sideways Penalty
-2.3pt

Growth Projection Adjustment

0.15x dampening
severe revenue declinestagnation flagrange bound

Growth estimates have been dampened based on technical and fundamental signals. This is a post-hoc adjustment to prevent overly optimistic projections for stocks showing declining momentum or deteriorating fundamentals.

Free Float
99.7%
Outstanding Shares
79M
Bid-Ask Spread
35.0%
Institutional Tradable
Limited

Scores are generated by a multi-stage ML pipeline combining fundamental analysis, ensemble predictions, and structural risk signals. All data is for research purposes only and does not constitute financial advice. Past performance does not guarantee future results.