Calamos ETF Financial Statements From 2010 to 2024
| CPNQ Etf | 24.72 0.01 0.04% |
Check Calamos ETF financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Calamos ETF's main balance sheet or income statement drivers, such as , as well as many indicators such as . Calamos financial statements analysis is a perfect complement when working with Calamos ETF Valuation or Volatility modules.
Calamos |
About Calamos ETF Financial Statements
Calamos ETF shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Calamos ETF investors may analyze each financial statement separately, they are all interrelated. The changes in Calamos ETF's assets and liabilities, for example, are also reflected in the revenues and expenses on on Calamos ETF's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Calamos ETF is entity of United States. It is traded as Etf on NYSE ARCA exchange.
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 Etf
| 0.55 | DNOV | FT Cboe Vest | PairCorr |
| 0.47 | BUFR | First Trust Cboe | PairCorr |
| 0.47 | WEBL | Direxion Daily Dow | PairCorr |
| 0.46 | BUFD | FT Cboe Vest | PairCorr |
| 0.46 | PJUL | Innovator SP 500 | 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.Check out the analysis of Calamos ETF Correlation against competitors. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
The market value of Calamos ETF Trust 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 ETF's value that differs from its market value or its book value, called intrinsic value, which is Calamos ETF'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 ETF's market value can be influenced by many factors that don't directly affect Calamos ETF'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 ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Calamos ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Calamos ETF'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.