Calamos Laddered Sp Etf Market Value
| CPSL Etf | USD 25.43 0.14 0.55% |
| Symbol | Calamos |
The market value of Calamos Laddered 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 Laddered's value that differs from its market value or its book value, called intrinsic value, which is Calamos Laddered'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 Laddered's market value can be influenced by many factors that don't directly affect Calamos Laddered'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 Laddered's value and its price as these two are different measures arrived at by different means. Investors typically determine if Calamos Laddered is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Calamos Laddered'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 Laddered '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 Laddered'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 Laddered.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Calamos Laddered on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Calamos Laddered SP or generate 0.0% return on investment in Calamos Laddered over 90 days. Calamos Laddered is related to or competes with FT Cboe, FT Cboe, FT Cboe, HUMANA, Barloworld, Morningstar Unconstrained, and High-yield Municipal. Catapult Solutions, Inc. focuses on effecting an asset acquisition, merger, exchange of capital stock, or other business... More
Calamos Laddered 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 Laddered'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 Laddered SP upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.4002 | |||
| Maximum Drawdown | 1.13 | |||
| Value At Risk | (0.39) | |||
| Potential Upside | 0.3116 |
Calamos Laddered Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Calamos Laddered's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Calamos Laddered's standard deviation. In reality, there are many statistical measures that can use Calamos Laddered historical prices to predict the future Calamos Laddered's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | 0.0057 | |||
| Treynor Ratio | (0.13) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Calamos Laddered's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Calamos Laddered Backtested Returns
Calamos Laddered secures Sharpe Ratio (or Efficiency) of -0.056, which signifies that the etf had a -0.056 % return per unit of risk over the last 3 months. Calamos Laddered SP exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Calamos Laddered's Standard Deviation of 0.2184, mean deviation of 0.16, and Risk Adjusted Performance of (0.08) to double-check the risk estimate we provide. The etf shows a Beta (market volatility) of 0.17, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Calamos Laddered's returns are expected to increase less than the market. However, during the bear market, the loss of holding Calamos Laddered is expected to be smaller as well.
Auto-correlation | -0.78 |
Almost perfect reverse predictability
Calamos Laddered SP has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Calamos Laddered time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 2025. 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 Laddered price movement. The serial correlation of -0.78 indicates that around 78.0% of current Calamos Laddered price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.78 | |
| Spearman Rank Test | -0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Calamos Laddered lagged returns against current returns
Autocorrelation, which is Calamos Laddered 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 Laddered's etf expected returns. We can calculate the autocorrelation of Calamos Laddered returns to help us make a trade decision. For example, suppose you find that Calamos Laddered 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 Laddered 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 Laddered etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Calamos Laddered etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Calamos Laddered etf over time.
Current vs Lagged Prices |
| Timeline |
Calamos Laddered Lagged Returns
When evaluating Calamos Laddered's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Calamos Laddered etf have on its future price. Calamos Laddered 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 Laddered autocorrelation shows the relationship between Calamos Laddered etf current value and its past values and can show if there is a momentum factor associated with investing in Calamos Laddered SP.
Regressed Prices |
| Timeline |
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Calamos Laddered 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.