Calamos Alternative Nasdaq Etf Price on December 5, 2024
| CANQ Etf | 28.72 0.56 1.99% |
If you're considering investing in Calamos Etf, it is important to understand the factors that can impact its price. As of today, the current price of Calamos Alternative stands at 28.72, as last reported on the 12th of December 2024, with the highest price reaching 28.72 and the lowest price hitting 28.61 during the day. Currently, Calamos Alternative Nasdaq is very steady. Calamos Alternative secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the etf had a 0.19% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Calamos Alternative Nasdaq, which you can use to evaluate the volatility of the entity. Please confirm Calamos Alternative's Mean Deviation of 0.5768, risk adjusted performance of 0.1698, and Downside Deviation of 0.7119 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%.
Calamos Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Calamos |
Sharpe Ratio = 0.1875
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Estimated Market Risk
| 0.76 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Calamos Alternative is performing at about 14% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Calamos Alternative by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
Calamos Alternative Valuation on December 5, 2024
It is possible to determine the worth of Calamos Alternative on a given historical date. On December 5, 2024 Calamos was worth 27.39 at the beginning of the trading date compared to the closed value of 28.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Calamos Alternative etf. Still, in general, we apply an absolute valuation method to find Calamos Alternative's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Calamos Alternative where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Calamos Alternative's related companies.
| Open | High | Low | Close | Volume | |
| 28.07 | 28.07 | 28.07 | 28.07 | 100.00 | |
12/05/2024 | 27.39 | 28.07 | 27.39 | 28.07 | 21.00 |
| 28.43 | 28.43 | 28.43 | 28.43 | 100.00 |
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Calamos Alternative Trading Date Momentum on December 5, 2024
| On December 06 2024 Calamos Alternative Nasdaq was traded for 28.43 at the closing time. The top price for the day was 28.43 and the lowest listed price was 28.43 . The trading volume for the day was 100.0. The trading history from December 6, 2024 was a factor to the next trading day price gain. The overall trading delta against the next closing price was 1.28% . The overall trading delta against the current closing price is 1.92% . |
About Calamos Alternative Etf history
Calamos Alternative investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Calamos is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Calamos Alternative will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Calamos Alternative stock prices may prove useful in developing a viable investing in Calamos Alternative
Calamos Alternative Etf Technical Analysis
Calamos Alternative technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
Calamos Alternative Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Calamos Alternative Nasdaq cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Calamos Alternative December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Calamos Alternative etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Calamos Alternative shares will generate the highest return on investment. By undertsting and applying Calamos Alternative etf market strength indicators, traders can identify Calamos Alternative Nasdaq entry and exit signals to maximize returns
Calamos Alternative Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Calamos Alternative's price direction in advance. Along with the technical and fundamental analysis of Calamos Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Calamos to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1698 | |||
| Jensen Alpha | 0.1137 | |||
| Total Risk Alpha | 0.0488 | |||
| Sortino Ratio | 0.081 | |||
| Treynor Ratio | 0.3371 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in 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. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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.