Calamos Etf Trust Etf Buy Hold or Sell Recommendation
| CPNQ Etf | 24.72 0.01 0.04% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Calamos ETF Trust is 'Strong Buy'. A buy or sell recommendation provided by Macroaxis is an automated analysis based on historical performance and your stated risk tolerance. It serves as guidance on whether to purchase or sell Calamos ETF Trust within the specified time frame.
Check out Calamos ETF Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual funds such as Calamos and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Calamos ETF Trust. 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.
Calamos |
Execute Calamos ETF Buy or Sell Advice
The Calamos recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Calamos ETF Trust. Macroaxis does not own or have any residual interests in Calamos ETF Trust or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Calamos ETF's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Very Strong | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details |
Calamos ETF Trading Alerts and Improvement Suggestions
| Calamos is showing solid risk-adjusted performance over 90 days |
Calamos ETF Returns Distribution Density
The distribution of Calamos ETF's historical returns is an attempt to chart the uncertainty of Calamos ETF's future price movements. The chart of the probability distribution of Calamos ETF daily returns describes the distribution of returns around its average expected value. We use Calamos ETF Trust price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Calamos ETF returns is essential to provide solid investment advice for Calamos ETF.
| Mean Return | 0.06 | Value At Risk | -0.12 | Potential Upside | 0.24 | Standard Deviation | 0.13 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Calamos ETF historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Calamos ETF Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Calamos ETF or Defined Outcome sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Calamos ETF's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Calamos etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.05 | |
β | Beta against Dow Jones | 0 | |
σ | Overall volatility | 0.13 | |
Ir | Information ratio | -0.36 |
Calamos ETF Volatility Alert
Calamos ETF Trust exhibits very low volatility with skewness of -0.1 and kurtosis of -1.18. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Calamos ETF's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Calamos ETF's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Calamos ETF Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Calamos . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 35.86 | |||
| Daily Balance Of Power | 0.3333 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 24.72 | |||
| Day Typical Price | 24.72 | |||
| Price Action Indicator | 0.01 | |||
| Period Momentum Indicator | 0.01 |
About Calamos ETF Buy or Sell Advice
When is the right time to buy or sell Calamos ETF Trust? Buying financial instruments such as Calamos Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Calamos ETF 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?
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Check out Calamos ETF Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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.