Calamos Antetokounmpo Correlations

SROI Etf

30.13 0.01 0.03%

The current 90-days correlation between Calamos Antetokounmpo and Vanguard Total World is 0.93 (i.e., Almost no diversification). The correlation of Calamos Antetokounmpo 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 correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Calamos Antetokounmpo Correlation With Market

Very weak diversification

The correlation between Calamos Antetokounmpo Global and DJI is 0.55 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Calamos Antetokounmpo Global and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Calamos Antetokounmpo Global. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons.

Moving together with Calamos Etf

0.69	ACWV	iShares MSCI Global	Pair Corr
0.63	SDG	iShares MSCI Global	Pair Corr
0.69	DD	Dupont De Nemours Fiscal Year End 4th of February 2025	Pair Corr
0.65	MMM	3M Company Fiscal Year End 28th of January 2025	Pair Corr

Moving against Calamos Etf

0.36	SGG	Barclays Capital	Pair Corr
0.36	GBTC	Grayscale Bitcoin Trust	Pair Corr
0.35	ATMP	Barclays ETN Select	Pair Corr
0.35	DIG	ProShares Ultra Oil	Pair Corr
0.41	CVX	Chevron Corp Fiscal Year End 7th of February 2025	Pair Corr
0.39	BAC	Bank of America Fiscal Year End 10th of January 2025	Pair Corr
0.35	DIS	Walt Disney	Pair Corr

Related Correlations Analysis

	VT	ACWI	IOO	URTH	CRBN	GLOV	KOKU	SPGM
VT		1.0	0.92	0.98	0.99	0.89	0.96	1.0	VT
ACWI	1.0		0.93	0.98	0.99	0.88	0.96	1.0	ACWI
IOO	0.92	0.93		0.91	0.92	0.75	0.91	0.92	IOO
URTH	0.98	0.98	0.91		0.99	0.9	0.99	0.98	URTH
CRBN	0.99	0.99	0.92	0.99		0.87	0.99	0.98	CRBN
GLOV	0.89	0.88	0.75	0.9	0.87		0.87	0.89	GLOV
KOKU	0.96	0.96	0.91	0.99	0.99	0.87		0.95	KOKU
SPGM	1.0	1.0	0.92	0.98	0.98	0.89	0.95		SPGM
	VT	ACWI	IOO	URTH	CRBN	GLOV	KOKU	SPGM

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Calamos Antetokounmpo Constituents Risk-Adjusted Indicators

There is a big difference between Calamos Etf performing well and Calamos Antetokounmpo ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Calamos Antetokounmpo's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
VT	0.47	0.02	(0.03)	0.12	0.43	(0.52)	1.21	(0.87)	3.22
ACWI	0.46	0.02	(0.03)	0.13	0.43	(0.53)	1.12	(0.88)	3.29
IOO	0.53	0.04	0.00	0.16	0.65	(0.55)	1.15	(1.29)	4.09
URTH	0.47	0.02	(0.02)	0.12	0.46	(0.51)	0.98	(0.99)	3.36
CRBN	0.46	0.03	(0.01)	0.14	0.41	(0.51)	1.17	(0.92)	3.09
GLOV	0.46	(0.02)	(0.12)	0.05	0.47	(0.51)	0.89	(0.88)	2.62
KOKU	0.46	0.03	(0.01)	0.14	0.47	(0.48)	0.89	(0.94)	3.16
SPGM	0.48	0.02	(0.03)	0.12	0.43	(0.53)	1.15	(0.90)	3.11

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