Calamos Antetokounmpo Global Etf Market Value
| SROI Etf | 29.64 0.11 0.37% |
| Symbol | Calamos |
The market value of Calamos Antetokounmpo 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 Antetokounmpo's value that differs from its market value or its book value, called intrinsic value, which is Calamos Antetokounmpo'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 Antetokounmpo's market value can be influenced by many factors that don't directly affect Calamos Antetokounmpo'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 Antetokounmpo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Calamos Antetokounmpo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Calamos Antetokounmpo'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 Antetokounmpo 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Calamos Antetokounmpo's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Calamos Antetokounmpo.
| 08/02/2023 |
| 11/24/2024 |
If you would invest 0.00 in Calamos Antetokounmpo on August 2, 2023 and sell it all today you would earn a total of 0.00 from holding Calamos Antetokounmpo Global or generate 0.0% return on investment in Calamos Antetokounmpo over 480 days. Calamos Antetokounmpo is related to or competes with IShares MSCI, BMO Long, IShares MSCI, Vanguard Total, and IShares Core. Calamos Antetokounmpo is entity of United States More
Calamos Antetokounmpo Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Calamos Antetokounmpo's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Calamos Antetokounmpo Global upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7167 | |||
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 3.51 | |||
| Value At Risk | (1.24) | |||
| Potential Upside | 1.34 |
Calamos Antetokounmpo Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Calamos Antetokounmpo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Calamos Antetokounmpo's standard deviation. In reality, there are many statistical measures that can use Calamos Antetokounmpo historical prices to predict the future Calamos Antetokounmpo's volatility.| Risk Adjusted Performance | 0.0041 | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.18) | |||
| Treynor Ratio | (0.01) |
Calamos Antetokounmpo Backtested Returns
Calamos Antetokounmpo secures Sharpe Ratio (or Efficiency) of -0.0167, which signifies that the etf had a -0.0167% return per unit of risk over the last 3 months. Calamos Antetokounmpo Global exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Calamos Antetokounmpo's Mean Deviation of 0.5437, risk adjusted performance of 0.0041, and Downside Deviation of 0.7167 to double-check the risk estimate we provide. The etf shows a Beta (market volatility) of 0.6, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Calamos Antetokounmpo's returns are expected to increase less than the market. However, during the bear market, the loss of holding Calamos Antetokounmpo is expected to be smaller as well.
Auto-correlation | 0.52 |
Modest predictability
Calamos Antetokounmpo Global has modest predictability. Overlapping area represents the amount of predictability between Calamos Antetokounmpo time series from 2nd of August 2023 to 29th of March 2024 and 29th of March 2024 to 24th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Calamos Antetokounmpo price movement. The serial correlation of 0.52 indicates that about 52.0% of current Calamos Antetokounmpo price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.98 |
Calamos Antetokounmpo lagged returns against current returns
Autocorrelation, which is Calamos Antetokounmpo etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Calamos Antetokounmpo's etf expected returns. We can calculate the autocorrelation of Calamos Antetokounmpo returns to help us make a trade decision. For example, suppose you find that Calamos Antetokounmpo has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Calamos Antetokounmpo regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Calamos Antetokounmpo etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Calamos Antetokounmpo etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Calamos Antetokounmpo etf over time.
Current vs Lagged Prices |
| Timeline |
Calamos Antetokounmpo Lagged Returns
When evaluating Calamos Antetokounmpo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Calamos Antetokounmpo etf have on its future price. Calamos Antetokounmpo autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Calamos Antetokounmpo autocorrelation shows the relationship between Calamos Antetokounmpo etf current value and its past values and can show if there is a momentum factor associated with investing in Calamos Antetokounmpo Global.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Calamos Antetokounmpo offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Calamos Antetokounmpo's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Calamos Antetokounmpo Global Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Calamos Antetokounmpo Global Etf:Check out Calamos Antetokounmpo Correlation, Calamos Antetokounmpo Volatility and Calamos Antetokounmpo Alpha and Beta module to complement your research on Calamos Antetokounmpo. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Calamos Antetokounmpo technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.