Calamos Evolving Five Year Return vs. Price To Earning

CNWGX Fund  USD 19.54  0.01  0.05%   
Considering the key profitability indicators obtained from Calamos Evolving's historical financial statements, Calamos Evolving World may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Calamos Evolving's ability to earn profits and add value for shareholders.
For Calamos Evolving profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Calamos Evolving to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Calamos Evolving World utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Calamos Evolving's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Calamos Evolving World over time as well as its relative position and ranking within its peers.
  
Check out Trending Equities.
Please note, there is a significant difference between Calamos Evolving's value and its price as these two are different measures arrived at by different means. Investors typically determine if Calamos Evolving is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Calamos Evolving'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.

Calamos Evolving World Price To Earning vs. Five Year Return Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Calamos Evolving's current stock value. Our valuation model uses many indicators to compare Calamos Evolving value to that of its competitors to determine the firm's financial worth.
Calamos Evolving World is the top fund in five year return among similar funds. It also is the top fund in price to earning among similar funds reporting about  2.31  of Price To Earning per Five Year Return. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Calamos Evolving's earnings, one of the primary drivers of an investment's value.

Calamos Price To Earning vs. Five Year Return

Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.

Calamos Evolving

Five Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
7.35 %
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

Calamos Evolving

P/E

 = 

Market Value Per Share

Earnings Per Share

 = 
16.99 X
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.

Calamos Price To Earning Comparison

Calamos Evolving is currently under evaluation in price to earning among similar funds.

Calamos Evolving Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Calamos Evolving, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Calamos Evolving will eventually generate negative long term returns. The profitability progress is the general direction of Calamos Evolving's change in net profit over the period of time. It can combine multiple indicators of Calamos Evolving, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund invests at least 40 percent of its assets in securities of foreign issuers. The advisor intends to invest at least 35 percent of its assets in equity, convertible or debt securities of issuers that are incorporated in emerging market countries. It invests the remaining assets in equity, convertible or debt securities of companies, regardless of where they are incorporated, if the adviser determines that a significant portion of the assets or revenues of each such company is attributable to emerging market countries and sovereign and agency debt of non-emerging market countries.

Calamos Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Calamos Evolving. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Calamos Evolving position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Calamos Evolving's important profitability drivers and their relationship over time.

Use Calamos Evolving in pair-trading

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 Evolving 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 Evolving will appreciate offsetting losses from the drop in the long position's value.

Calamos Evolving Pair Trading

Calamos Evolving World Pair Trading Analysis

The ability to find closely correlated positions to Calamos Evolving 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 Evolving 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 Evolving - 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 Evolving World to buy it.
The correlation of Calamos Evolving 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 Evolving moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Calamos Evolving World 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 Evolving 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Calamos Evolving position

In addition to having Calamos Evolving 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 Software Thematic Idea Now

Software
Software Theme
Companies that develop and distribute software and software systems to individuals or business. The Software theme has 48 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 Software Theme or any other thematic opportunities.
View All  Next Launch

Other Information on Investing in Calamos Mutual Fund

To fully project Calamos Evolving's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Calamos Evolving World at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Calamos Evolving's income statement, its balance sheet, and the statement of cash flows.
Potential Calamos Evolving investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Calamos Evolving investors may work on each financial statement separately, they are all related. The changes in Calamos Evolving's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Calamos Evolving's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.