Calamos Etf Trust Etf Technical Analysis
| CPRJ Etf | 25.77 0.03 0.12% |
As of the 28th of November, Calamos ETF shows the Downside Deviation of 0.2224, risk adjusted performance of 0.0967, and Mean Deviation of 0.1911. Calamos ETF Trust technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the entity's future prices.
Calamos ETF Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Calamos, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CalamosCalamos |
Calamos ETF 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.
Calamos ETF Trust Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 Calamos ETF Trust volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Calamos ETF Trust Trend Analysis
Use this graph to draw trend lines for Calamos ETF Trust. You can use it to identify possible trend reversals for Calamos ETF as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Calamos ETF price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Calamos ETF Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Calamos ETF Trust applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Calamos ETF Trust will continue generating value for investors. It has 122 observation points and a regression sum of squares at 6.04, which is the sum of squared deviations for the predicted Calamos ETF price change compared to its average price change.About Calamos ETF 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 Calamos ETF Trust 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 Calamos ETF Trust based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Calamos ETF Trust price pattern first instead of the macroeconomic environment surrounding Calamos ETF Trust. By analyzing Calamos ETF'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 Calamos ETF'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 Calamos ETF specific price patterns or momentum indicators. Please read more on our technical analysis page.
Calamos ETF November 28, 2024 Technical Indicators
Most technical analysis of Calamos 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 Calamos from various momentum indicators to cycle indicators. When you analyze Calamos 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.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0967 | |||
| Market Risk Adjusted Performance | 0.115 | |||
| Mean Deviation | 0.1911 | |||
| Semi Deviation | 0.0138 | |||
| Downside Deviation | 0.2224 | |||
| Coefficient Of Variation | 656.26 | |||
| Standard Deviation | 0.2565 | |||
| Variance | 0.0658 | |||
| Information Ratio | (0.36) | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.41) | |||
| Treynor Ratio | 0.105 | |||
| Maximum Drawdown | 1.37 | |||
| Value At Risk | (0.27) | |||
| Potential Upside | 0.3971 | |||
| Downside Variance | 0.0494 | |||
| Semi Variance | 2.0E-4 | |||
| Expected Short fall | (0.24) | |||
| Skewness | 0.8213 | |||
| Kurtosis | 3.27 |
Calamos ETF November 28, 2024 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 Calamos 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.
| Accumulation Distribution | 0.00 | ||
| Daily Balance Of Power | Huge | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 25.77 | ||
| Day Typical Price | 25.77 | ||
| Price Action Indicator | 0.02 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in 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 metropolitan statistical area. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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.