Calamos Strategic Financial Statements From 2010 to 2024
| CSQ Fund | USD 18.05 0.01 0.06% |
Market Capitalization 1.4 B |
Check Calamos Strategic financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Calamos Strategic's main balance sheet or income statement drivers, such as , as well as many indicators such as . Calamos financial statements analysis is a perfect complement when working with Calamos Strategic Valuation or Volatility modules.
Calamos |
Calamos Strategic Total Fund Beta Analysis
Calamos Strategic's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Calamos Strategic Beta | 1.36 |
Most of Calamos Strategic's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Calamos Strategic Total is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Calamos Strategic Total has a Beta of 1.36. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The beta for all United States funds is notably lower than that of the firm.
Calamos Strategic Total Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Calamos Strategic's current stock value. Our valuation model uses many indicators to compare Calamos Strategic value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Calamos Strategic competition to find correlations between indicators driving Calamos Strategic's intrinsic value. More Info.Calamos Strategic Total is third largest fund in price to earning among similar funds. It is second largest fund in price to book among similar funds fabricating about 0.11 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Calamos Strategic Total is roughly 9.20 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Calamos Strategic by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About Calamos Strategic Financial Statements
Calamos Strategic shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Calamos Strategic investors may analyze each financial statement separately, they are all interrelated. The changes in Calamos Strategic's assets and liabilities, for example, are also reflected in the revenues and expenses on on Calamos Strategic's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Calamos Strategic Total Return Fund is a closed ended balanced mutual fund launched by Calamos Investments LLC. The fund is managed by Calamos Advisors LLC. It invests in the public equity and fixed income markets of the United States. The fund seeks to invest in securities of companies operating across diversified sectors. It primarily invests in common and preferred stocks of companies across all market capitalizations, convertible securities, and high yield corporate bonds with an average credit rating of BB as rated by SP. The fund employs both fundamental and quantitative analysis with a combination of bottom-up and top-down security picking approaches to create its portfolio. Calamos Strategic Total Return Fund was formed on December 31, 2003 and is domiciled in the United States.
Pair Trading with Calamos Strategic
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 Strategic 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 Strategic will appreciate offsetting losses from the drop in the long position's value.Moving together with Calamos Fund
| 0.71 | EXG | Eaton Vance Tax | PairCorr |
| 0.77 | GAB | Gabelli Equity Trust | PairCorr |
| 0.97 | USA | Liberty All Star | PairCorr |
Moving against Calamos Fund
The ability to find closely correlated positions to Calamos Strategic 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 Strategic 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 Strategic - 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 Strategic Total to buy it.
The correlation of Calamos Strategic 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 Strategic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Calamos Strategic Total 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 Strategic 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.Other Information on Investing in Calamos Fund
Calamos Strategic financial ratios help investors to determine whether Calamos Fund 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 Calamos with respect to the benefits of owning Calamos Strategic security.
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