Calamos Etf Trust Etf One Year Return
| CPSO Etf | USD 25.45 0.01 0.04% |
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 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 etf.
Calamos |
Calamos ETF Trust 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 average (which is currently at 0.0) family and about the same as One Year Return (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 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 Equity | -416.28 | |||
| Return On Asset | -4.7 | |||
| Profit Margin | (6.46) % | |||
| Operating Margin | (4.03) % | |||
| Current Valuation | 7.42 M | |||
| Price To Sales | 0.01 X | |||
| Revenue | 34.05 M | |||
| Gross Profit | 3.25 M | |||
| EBITDA | (1.08 M) | |||
| Net Income | (2.2 M) | |||
| Cash And Equivalents | 374.9 K | |||
| Cash Per Share | 0.02 X | |||
| Total Debt | 7.78 M | |||
| Current Ratio | 0.98 X | |||
| Book Value Per Share | (0.03) X | |||
| Cash Flow From Operations | 719.34 K | |||
| Earnings Per Share | (0.11) X | |||
| Number Of Employees | 21 | |||
| Beta | 16.74 | |||
| Market Capitalization | 204.33 K | |||
| Total Asset | 15.1 M | |||
| Retained Earnings | (15.99 M) | |||
| Working Capital | (304 K) | |||
| Current Asset | 14.34 M | |||
| Current Liabilities | 14.64 M | |||
| Z Score | 0.6 |
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 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 Etf
| 0.71 | VWO | Vanguard FTSE Emerging | PairCorr |
| 0.48 | DSJA | DSJA | PairCorr |
| 0.41 | CSCO | Cisco Systems Aggressive Push | PairCorr |
| 0.37 | IBM | International Business Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.35 | RSPY | Tuttle Capital Management | 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 Calamos ETF Piotroski F Score and Calamos ETF Altman Z Score analysis. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
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.