Calamos Longshort Equity Stock Market Value
| CPZ Stock | USD 15.36 0.11 0.72% |
| Symbol | Calamos |
Calamos LongShort Equity Price To Book Ratio
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Calamos LongShort. If investors know Calamos will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Calamos LongShort listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.56 |
The market value of Calamos LongShort Equity 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 LongShort's value that differs from its market value or its book value, called intrinsic value, which is Calamos LongShort'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 LongShort's market value can be influenced by many factors that don't directly affect Calamos LongShort'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 LongShort's value and its price as these two are different measures arrived at by different means. Investors typically determine if Calamos LongShort is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Calamos LongShort'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 LongShort '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 LongShort's stock 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 LongShort.
| 05/06/2024 |
| 06/05/2024 |
If you would invest 0.00 in Calamos LongShort on May 6, 2024 and sell it all today you would earn a total of 0.00 from holding Calamos LongShort Equity or generate 0.0% return on investment in Calamos LongShort over 30 days. Calamos LongShort is related to or competes with MFS Investment, Invesco High, Federated Premier, AllianzGI Convertible, and Blackrock Muniholdings. Calamos LongShort is entity of United States More
Calamos LongShort 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 LongShort's stock 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 LongShort Equity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8395 | |||
| Information Ratio | 0.0916 | |||
| Maximum Drawdown | 3.45 | |||
| Value At Risk | (1.24) | |||
| Potential Upside | 1.14 |
Calamos LongShort Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Calamos LongShort's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Calamos LongShort's standard deviation. In reality, there are many statistical measures that can use Calamos LongShort historical prices to predict the future Calamos LongShort's volatility.| Risk Adjusted Performance | 0.0752 | |||
| Jensen Alpha | 0.0745 | |||
| Total Risk Alpha | 0.0657 | |||
| Sortino Ratio | 0.0803 | |||
| Treynor Ratio | 0.3053 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Calamos LongShort'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 LongShort Equity Backtested Returns
We consider Calamos LongShort very steady. Calamos LongShort Equity secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Calamos LongShort Equity, which you can use to evaluate the volatility of the firm. Please confirm Calamos LongShort's Risk Adjusted Performance of 0.0752, downside deviation of 0.8395, and Mean Deviation of 0.5775 to double-check if the risk estimate we provide is consistent with the expected return of 0.0867%. Calamos LongShort has a performance score of 9 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.25, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Calamos LongShort's returns are expected to increase less than the market. However, during the bear market, the loss of holding Calamos LongShort is expected to be smaller as well. Calamos LongShort Equity right now shows a risk of 0.73%. Please confirm Calamos LongShort Equity treynor ratio, as well as the relationship between the expected short fall and day median price , to decide if Calamos LongShort Equity will be following its price patterns.
Auto-correlation | -0.63 |
Very good reverse predictability
Calamos LongShort Equity has very good reverse predictability. Overlapping area represents the amount of predictability between Calamos LongShort time series from 6th of May 2024 to 21st of May 2024 and 21st of May 2024 to 5th of June 2024. 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 LongShort Equity price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Calamos LongShort price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Calamos LongShort Equity lagged returns against current returns
Autocorrelation, which is Calamos LongShort stock'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 LongShort's stock expected returns. We can calculate the autocorrelation of Calamos LongShort returns to help us make a trade decision. For example, suppose you find that Calamos LongShort has exhibited high autocorrelation historically, and you observe that the stock 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 LongShort 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 LongShort stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Calamos LongShort stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Calamos LongShort stock over time.
Current vs Lagged Prices |
| Timeline |
Calamos LongShort Lagged Returns
When evaluating Calamos LongShort's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Calamos LongShort stock have on its future price. Calamos LongShort 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 LongShort autocorrelation shows the relationship between Calamos LongShort stock current value and its past values and can show if there is a momentum factor associated with investing in Calamos LongShort Equity.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Calamos Stock Analysis
When running Calamos LongShort's price analysis, check to measure Calamos LongShort's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Calamos LongShort is operating at the current time. Most of Calamos LongShort's value examination focuses on studying past and present price action to predict the probability of Calamos LongShort's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Calamos LongShort's price. Additionally, you may evaluate how the addition of Calamos LongShort to your portfolios can decrease your overall portfolio volatility.