Callaway Golf Etf Technical Analysis

CALY Etf   15.60  0.21  1.33%   
As of the 23rd of January, Callaway Golf shows the Risk Adjusted Performance of 0.1674, mean deviation of 2.86, and Downside Deviation of 3.1. Our technical analysis interface gives you tools to check existing technical drivers of Callaway Golf, as well as the relationship between them.

Callaway Golf Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Callaway, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CallawayCallaway Golf's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
The market value of Callaway Golf is measured differently than its book value, which is the value of Callaway that is recorded on the company's balance sheet. Investors also form their own opinion of Callaway Golf's value that differs from its market value or its book value, called intrinsic value, which is Callaway Golf'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 Callaway Golf's market value can be influenced by many factors that don't directly affect Callaway Golf'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 Callaway Golf's value and its price as these two are different measures arrived at by different means. Investors typically determine if Callaway Golf is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Callaway Golf'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.

Callaway Golf '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 Callaway Golf'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 Callaway Golf.
0.00
10/25/2025
No Change 0.00  0.0 
In 3 months and 1 day
01/23/2026
0.00
If you would invest  0.00  in Callaway Golf on October 25, 2025 and sell it all today you would earn a total of 0.00 from holding Callaway Golf or generate 0.0% return on investment in Callaway Golf over 90 days. Callaway Golf is related to or competes with FT Vest, Zillow Group, Northern Lights, VanEck Vectors, and Diamond Hill. More

Callaway Golf 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 Callaway Golf'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 Callaway Golf upside and downside potential and time the market with a certain degree of confidence.

Callaway Golf Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Callaway Golf's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Callaway Golf's standard deviation. In reality, there are many statistical measures that can use Callaway Golf historical prices to predict the future Callaway Golf's volatility.
Hype
Prediction
LowEstimatedHigh
11.6715.6019.53
Details
Intrinsic
Valuation
LowRealHigh
12.0816.0119.94
Details
Naive
Forecast
LowNextHigh
11.9015.8319.75
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.8212.7115.61
Details

Callaway Golf January 23, 2026 Technical Indicators

Callaway Golf Backtested Returns

Callaway Golf appears to be not too volatile, given 3 months investment horizon. Callaway Golf secures Sharpe Ratio (or Efficiency) of 0.22, which signifies that the etf had a 0.22 % return per unit of risk over the last 3 months. By analyzing Callaway Golf's technical indicators, you can evaluate if the expected return of 0.85% is justified by implied risk. Please makes use of Callaway Golf's Risk Adjusted Performance of 0.1674, downside deviation of 3.1, and Mean Deviation of 2.86 to double-check if our risk estimates are consistent with your expectations. The etf shows a Beta (market volatility) of 1.83, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Callaway Golf will likely underperform.

Auto-correlation

    
  0.76  

Good predictability

Callaway Golf has good predictability. Overlapping area represents the amount of predictability between Callaway Golf time series from 25th of October 2025 to 9th of December 2025 and 9th of December 2025 to 23rd of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Callaway Golf price movement. The serial correlation of 0.76 indicates that around 76.0% of current Callaway Golf price fluctuation can be explain by its past prices.
Correlation Coefficient0.76
Spearman Rank Test0.79
Residual Average0.0
Price Variance2.21
Callaway Golf 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.
A focus of Callaway Golf technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Callaway Golf trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Callaway Golf Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Callaway Golf volatility. High ATR values indicate high volatility, and low values indicate low volatility.

About Callaway Golf Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Callaway Golf on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Callaway Golf based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Callaway Golf price pattern first instead of the macroeconomic environment surrounding Callaway Golf. By analyzing Callaway Golf's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Callaway Golf's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Callaway Golf specific price patterns or momentum indicators. Please read more on our technical analysis page.

Callaway Golf January 23, 2026 Technical Indicators

Most technical analysis of Callaway help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Callaway from various momentum indicators to cycle indicators. When you analyze Callaway charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Callaway Golf January 23, 2026 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Callaway stock. With literally thousands of 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.

Other Information on Investing in Callaway Etf

Callaway Golf financial ratios help investors to determine whether Callaway Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Callaway with respect to the benefits of owning Callaway Golf security.