Calamos Global Financial Statements From 2010 to 2024
| CGO Fund | USD 9.74 0.04 0.41% |
Market Capitalization 70.5 M |
Check Calamos Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Calamos main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Calamos financial statements analysis is a perfect complement when working with Calamos Global Valuation or Volatility modules.
Calamos |
Calamos Global Total Fund Beta Analysis
Calamos Global'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 Global Beta | 1.27 |
Most of Calamos Global'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 Global 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 Global Total has a Beta of 1.27. 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 Global Total Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Calamos Global's current stock value. Our valuation model uses many indicators to compare Calamos Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Calamos Global competition to find correlations between indicators driving Calamos Global's intrinsic value. More Info.Calamos Global Total is rated below average in price to earning among similar funds. It is fourth largest fund in price to book among similar funds fabricating about 0.13 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Calamos Global Total is roughly 7.69 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Calamos Global by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Calamos Global's Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Calamos Global's earnings, one of the primary drivers of an investment's value.About Calamos Global Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Calamos Global income statement, its balance sheet, and the statement of cash flows. Calamos Global investors use historical funamental indicators, such as Calamos Global's revenue or net income, to determine how well the company is positioned to perform in the future. Although Calamos Global investors may use each financial statement separately, they are all related. The changes in Calamos Global's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Calamos Global's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Calamos Global Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Calamos Global. Please read more on our technical analysis and fundamental analysis pages.
Calamos Global Total Return Fund is a closed ended balanced mutual fund launched by Calamos Investments LLC. Calamos Global Total Return Fund was formed on March 30, 2004 and is domiciled in the United States. Calamos Glb operates under Asset Management classification in the United States and is traded on NASDAQ Exchange.
Pair Trading with Calamos Global
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 Global 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 Global will appreciate offsetting losses from the drop in the long position's value.Moving together with Calamos Fund
| 0.9 | TWN | Taiwan Closed | PairCorr |
| 0.86 | NMT | Nuveen Massachusetts | PairCorr |
Moving against Calamos Fund
| 0.75 | AWRRF | Aw Revenue Royalties | PairCorr |
| 0.58 | MCD | McDonalds Report 23rd of April 2024 | PairCorr |
| 0.47 | INTC | Intel Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Calamos Global 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 Global 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 Global - 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 Global Total to buy it.
The correlation of Calamos Global 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 Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Calamos Global 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 Global 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.Check out the analysis of Calamos Global Correlation against competitors. Note that the Calamos Global Total information on this page should be used as a complementary analysis to other Calamos Global's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.