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CHICalamos Convertible OpportunitiSell5.5·$12.64-2.17%
SellModerate Confidence
Investment thesis

CHI screens as deeply undervalued with strong momentum support, but declining revenue and a negative free-cash-flow signal raise the risk this is a value trap rather than a genuine mispricing.

Thesis pillars

  • Deep Value Low PegStable
  • Revenue Decline Value Trap RiskStable
  • Earnings Quality Red FlagStable
  • +2 more pillars — see the Why tab for full reasoning

Full reasoning →

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Calamos Convertible Opportuniti (CHI) Stock Analysis

Inst Constrain edge

SellVALUE-TRAP 1/5ValueQualityModerate Confidence

Financial Services · Asset Management

Sell if holding. Momentum 3.5/10 is below the 5.0 floor at $12.64 — engine's falling-knife protection flags exit rather than catching a breakdown. Specifics: Negative momentum; Weak growth.

Calamos Convertible Opportunities and 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... Read more

$12.64+3.8% A.UpsideScore 5.5/10#127 of 239 Asset Management
QualityF-score6 / 9FCF yield2.27%
IncomeYield8.70%(5y avg 9.90%)Payout29.31%sustainable
Stop $12.16Target $13.12(resistance)A.R:R 0.0:1

Sell if holding. Momentum 3.5/10 is below the 5.0 floor at $12.64 — engine's falling-knife protection flags exit rather than catching a breakdown. Specifics: Negative momentum; Weak growth. Chart setup: No clear chart pattern; technical signals are mixed. Score 5.5/10, moderate confidence.

Passes 6/8 gates (clean insider activity, no SEC red flags, news events none recent, earnings proximity no date, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum. Suitability: aggressive.

Thesis

Rewards
Attractive valuation
Margin of safety: 78%
Risks
Weak growth
Negative momentum

Key Metrics

P/E (TTM)3.4
P/E (Fwd)
Mkt Cap$1.0B
EV/EBITDA
Profit Mgn2025.1%
ROE35.8%
Rev Growth-45.4%
Beta1.11
Dividend8.70%
Rating analysts

Quality Signals

Piotroski F6/9MoatNarrow

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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Methodology · Editorial policy & full disclaimer

Rating Breakdown

2 floor-breakers·2 ceiling hits

Revenue shrinking — -45.4% YoY. Growth thesis broken unless recovery story develops.static

Revenue Growth
0.0
Declining revenue: -45%
Low model confidence on this dimension (33%).

Momentum below the gate floor. Component breakdown shows what dragged the score down.static

Obv
1.0
Volume
2.5
Macd
2.7
Ma Position
4.0
Rsi
7.5
Uptrend pullback (RSI 40) - buy opportunityVolume distribution (falling OBV)Above 200-day MA
GatesMomentum 3.5<4.5A.R:R UPSIDE_EXHAUSTED (upside=0.0%)Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY NO DATESEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSuitability: Aggressive
RSI
40 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $12.53Resistance $13.39

Price Targets

$12
$13
A.R:R0.0:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! momentum at 3.5 (below the engine's 4.5 threshold)

Earnings

We could not retrieve earnings history for CHI.
The company may be recently listed, pre-revenue, or its beat/miss record wasn't available from our source this run. Earnings signals feed the Growth and Catalyst score dimensions — absence here doesn't affect other dimensions.

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is CHI stock a buy right now?

Sell if holding. Momentum 3.5/10 is below the 5.0 floor at $12.64 — engine's falling-knife protection flags exit rather than catching a breakdown. Specifics: Negative momentum; Weak growth. Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $12.16. Score 5.5/10, moderate confidence.

What is the CHI stock price target?

Take-profit target: $13.12 (+3.8% upside). Prior stop was $12.16. Stop-loss: $12.16.

What are the risks of investing in CHI?

Weak growth; Negative momentum.

Is CHI overvalued or undervalued?

Calamos Convertible Opportuniti trades at a P/E of 3.4 (forward N/A). TrendMatrix value score: 10.0/10. Verdict: Sell.

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What does Calamos Convertible Opportuniti do?Calamos Convertible Opportunities and Income Fund is a closed ended fixed income mutual fund launched by Calamos...

Calamos Convertible Opportunities and 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 with a focus on such factors as financial soundness, ability to make interest and dividend payments, earnings and cash-flow forecast, and quality of management to create its portfolio. Calamos Convertible Opportunities and Income Fund was formed on April 17, 2002 and is domiciled in the United States.

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