Calamos Alternative Nasdaq Etf Buy Hold or Sell Recommendation
| CANQ Etf | 27.39 0.14 0.51% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Calamos Alternative Nasdaq is 'Cautious Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Calamos Alternative Nasdaq given historical horizon and risk tolerance towards Calamos Alternative. When Macroaxis issues a 'buy' or 'sell' recommendation for Calamos Alternative Nasdaq, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Calamos Alternative Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual funds such as Calamos and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Calamos Alternative Nasdaq. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Calamos |
Execute Calamos Alternative Buy or Sell Advice
The Calamos recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Calamos Alternative Nasdaq. Macroaxis does not own or have any residual interests in Calamos Alternative Nasdaq or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Calamos Alternative's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details |
Calamos Alternative thematic classifications
 | Size And Style ETFsUSA ETFs from Size And Style clasification | |
| Large Cap ETFsUSA ETFs from Large Cap clasification |
Calamos Alternative Returns Distribution Density
The distribution of Calamos Alternative's historical returns is an attempt to chart the uncertainty of Calamos Alternative's future price movements. The chart of the probability distribution of Calamos Alternative daily returns describes the distribution of returns around its average expected value. We use Calamos Alternative Nasdaq price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Calamos Alternative returns is essential to provide solid investment advice for Calamos Alternative.
| Mean Return | 0.07 | Value At Risk | -1.37 | Potential Upside | 1.76 | Standard Deviation | 0.82 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Calamos Alternative historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Calamos Alternative Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Calamos Alternative or Moderate Allocation sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Calamos Alternative's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Calamos etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.06 | |
β | Beta against Dow Jones | 0.04 | |
σ | Overall volatility | 0.82 | |
Ir | Information ratio | -0.07 |
Calamos Alternative Volatility Alert
Calamos Alternative Nasdaq has low volatility with Treynor Ratio of 1.43, Maximum Drawdown of 3.76 and kurtosis of 1.1. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Calamos Alternative's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Calamos Alternative's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Calamos Alternative Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Calamos . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 27.39 | |||
| Day Typical Price | 27.39 | |||
| Price Action Indicator | (0.07) | |||
| Period Momentum Indicator | (0.14) |
About Calamos Alternative Buy or Sell Advice
When is the right time to buy or sell Calamos Alternative Nasdaq? Buying financial instruments such as Calamos Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Calamos Alternative in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Consumption Thematic Idea Now
Consumption
Companies that deliver final goods such as cars or clothing for consumption by consumers. The Consumption theme has 19 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Consumption Theme or any other thematic opportunities.
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Check out Calamos Alternative Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
The market value of Calamos Alternative is measured differently than its book value, which is the value of Calamos that is recorded on the company's balance sheet. Investors also form their own opinion of Calamos Alternative's value that differs from its market value or its book value, called intrinsic value, which is Calamos Alternative's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Calamos Alternative's market value can be influenced by many factors that don't directly affect Calamos Alternative's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Calamos Alternative's value and its price as these two are different measures arrived at by different means. Investors typically determine if Calamos Alternative is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Calamos Alternative's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.