Calamos Antetokounmpo Correlations

SROI Etf

29.80 0.18 0.60%

The current 90-days correlation between Calamos Antetokounmpo and Calamos Antetokounmpo Sustainable is 0.94 (i.e., Almost no diversification). The correlation of Calamos Antetokounmpo 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 correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Calamos Antetokounmpo Correlation With Market

Weak diversification

The correlation between Calamos Antetokounmpo Global and DJI is 0.36 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Calamos Antetokounmpo Global and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Calamos Antetokounmpo Global. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons.

Moving together with Calamos Etf

0.7	VT	Vanguard Total World	Pair Corr
0.79	ACWI	iShares MSCI ACWI	Pair Corr
0.77	ACWV	iShares MSCI Global Low Volatility	Pair Corr
0.71	URTH	iShares MSCI World	Pair Corr
0.73	CRBN	iShares MSCI ACWI	Pair Corr
0.78	GLOV	Goldman Sachs ActiveBeta	Pair Corr
0.7	KOKU	Xtrackers MSCI Kokusai	Pair Corr
0.79	SPGM	SPDR Portfolio MSCI	Pair Corr
0.83	MAPP	Harbor ETF Trust	Pair Corr
0.77	HART	IQ Healthy Hearts	Pair Corr
0.66	SNPD	DBX ETF Trust	Pair Corr
0.64	EVUS	iShares ESG Aware	Pair Corr
0.72	QQEW	First Trust NASDAQ	Pair Corr
0.61	HD	Home Depot	Pair Corr
0.76	CAT	Caterpillar Earnings Call This Week	Pair Corr

Related Correlations Analysis

	SROIX	SGLC	TAFI	UTWY	STXK
SROIX		0.86	0.55	0.55	0.81	SROIX
SGLC	0.86		0.72	0.23	0.79	SGLC
TAFI	0.55	0.72		0.15	0.47	TAFI
UTWY	0.55	0.23	0.15		0.59	UTWY
STXK	0.81	0.79	0.47	0.59		STXK
	SROIX	SGLC	TAFI	UTWY	STXK

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Calamos Antetokounmpo Constituents Risk-Adjusted Indicators

There is a big difference between Calamos Etf performing well and Calamos Antetokounmpo ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Calamos Antetokounmpo's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
SROIX	0.57	(0.02)	(0.09)	0.04	0.86	(0.56)	1.04	(1.43)	3.81
SGLC	0.71	0.02	(0.03)	0.14	0.95	(0.73)	1.48	(1.69)	5.51
TAFI	0.10	0.00	(0.38)	0.07	0.14	(0.10)	0.24	(0.20)	1.04
UTWY	0.51	(0.06)	0.00	(0.29)	0.00	0.00	1.20	(1.16)	3.12
STXK	0.85	0.02	(0.02)	0.13	1.04	(0.93)	1.76	(1.46)	9.31

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Calamos Antetokounmpo Correlations

Calamos Antetokounmpo Correlation With Market

Weak diversification

Moving together with Calamos Etf

Related Correlations Analysis

Calamos Antetokounmpo Constituents Risk-Adjusted Indicators

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