Calamos Etf Trust Etf One Year Return
| CPSN Etf | USD 25.38 0.04 0.16% |
Calamos ETF Trust fundamentals help investors to digest information that contributes to Calamos ETF's financial success or failures. It also enables traders to predict the movement of Calamos OTC Etf. The fundamental analysis module provides a way to measure Calamos ETF's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Calamos ETF otc etf.
Calamos |
Calamos ETF Trust OTC Etf One Year Return Analysis
Calamos ETF's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, Calamos ETF Trust has an One Year Return of 0.0%. This indicator is about the same for the Industrials average (which is currently at 0.0) family and about the same as Consulting Services (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
Calamos One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Calamos ETF's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the otc etfs which would be a good addition to a portfolio. Peer analysis of Calamos ETF could also be used in its relative valuation, which is a method of valuing Calamos ETF by comparing valuation metrics of similar companies.Calamos ETF is currently under evaluation in one year return as compared to similar ETFs.
Calamos Fundamentals
| Return On Asset | -597.21 | |||
| Current Valuation | 102.51 M | |||
| Shares Outstanding | 205.08 M | |||
| Shares Owned By Insiders | 1.39 % | |||
| Price To Book | 25.42 X | |||
| Revenue | 199.6 K | |||
| Gross Profit | 1.17 K | |||
| EBITDA | (3.24 M) | |||
| Net Income | (3.25 M) | |||
| Cash And Equivalents | 29.16 K | |||
| Debt To Equity | 0.06 % | |||
| Current Ratio | 0.15 X | |||
| Book Value Per Share | (0.01) X | |||
| Cash Flow From Operations | (1.3 M) | |||
| Earnings Per Share | (0.02) X | |||
| Beta | 1.02 | |||
| Market Capitalization | 215.32 M | |||
| Total Asset | 37 K | |||
| Retained Earnings | (46 K) | |||
| Working Capital | (4 K) | |||
| Current Asset | 31 K | |||
| Current Liabilities | 35 K |
About Calamos ETF Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Calamos ETF Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Calamos ETF using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Calamos ETF Trust based on its fundamental data. In general, a quantitative approach, as applied to this otc etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Calamos ETF
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Calamos ETF position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Calamos ETF will appreciate offsetting losses from the drop in the long position's value.Moving against Calamos OTC Etf
| 0.42 | IBIT | iShares Bitcoin Trust | PairCorr |
| 0.39 | BOTZ | Global X Robotics | PairCorr |
| 0.34 | JPST | JPMorgan Ultra Short Sell-off Trend | PairCorr |
| 0.34 | SPBC | Simplify Equity PLUS | PairCorr |
| 0.33 | PNQI | Invesco NASDAQ Internet | PairCorr |
The ability to find closely correlated positions to Calamos ETF could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Calamos ETF when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Calamos ETF - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Calamos ETF Trust to buy it.
The correlation of Calamos ETF is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Calamos ETF moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Calamos ETF Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Calamos ETF can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Information and Resources on Investing in Calamos OTC Etf
When determining whether Calamos ETF Trust is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Calamos OTC Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Calamos Etf Trust Etf. Highlighted below are key reports to facilitate an investment decision about Calamos Etf Trust Etf:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Calamos ETF Trust. Also, note that the market value of any otc etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.