Calamos Opportunistic Financial Statements From 2010 to 2024
| CVAAX Fund | USD 19.65 0.03 0.15% |
Check Calamos Opportunistic 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 Opportunistic Valuation or Volatility modules.
Calamos |
Calamos Opportunistic Value Mutual Fund Year To Date Return Analysis
Calamos Opportunistic's Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
More About Year To Date Return | All Equity Analysis
YTD Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Calamos Opportunistic Year To Date Return | 6.96 % |
Most of Calamos Opportunistic's fundamental indicators, such as Year To Date Return, 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 Opportunistic Value is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
| Competition |
In accordance with the company's disclosures, Calamos Opportunistic Value has a Year To Date Return of 6.9565%. This is much higher than that of the Calamos family and significantly higher than that of the Large Blend category. The year to date return for all United States funds is notably lower than that of the firm.
Calamos Opportunistic Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Calamos Opportunistic's current stock value. Our valuation model uses many indicators to compare Calamos Opportunistic value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Calamos Opportunistic competition to find correlations between indicators driving Calamos Opportunistic's intrinsic value. More Info.Calamos Opportunistic Value is the top fund in price to earning among similar funds. It is the top fund in price to book among similar funds fabricating about 0.10 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Calamos Opportunistic Value is roughly 9.65 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Calamos Opportunistic by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Calamos Opportunistic's Mutual 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 Opportunistic's earnings, one of the primary drivers of an investment's value.About Calamos Opportunistic Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Calamos Opportunistic income statement, its balance sheet, and the statement of cash flows. Calamos Opportunistic investors use historical funamental indicators, such as Calamos Opportunistic's revenue or net income, to determine how well the company is positioned to perform in the future. Although Calamos Opportunistic investors may use each financial statement separately, they are all related. The changes in Calamos Opportunistic's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Calamos Opportunistic'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 Opportunistic Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Calamos Opportunistic. Please read more on our technical analysis and fundamental analysis pages.
The fund invests primarily in U.S. equity securities. Its portfolio may include securities of well-established companies with large market capitalizations as well as small, unseasoned companies. The funds investment adviser generally defines a large cap company to have a market capitalization in excess of 25 billion and a mid-sized company to have a market capitalization greater than 1 billion, up to 25 billion. Generally, a small cap company is defined by the investment adviser as having a market capitalization of up to 1 billion. It may invest up to 25 percent of its net assets in foreign securities.
Pair Trading with Calamos Opportunistic
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 Opportunistic 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 Opportunistic will appreciate offsetting losses from the drop in the long position's value.Moving together with Calamos Mutual Fund
| 0.98 | CVGRX | Calamos Growth | PairCorr |
| 0.95 | CGEOX | Calamos Global Equity | PairCorr |
| 0.89 | CMNIX | Calamos Market Neutral | PairCorr |
| 0.99 | CADVX | Calamos Dividend Growth | PairCorr |
Moving against Calamos Mutual Fund
| 0.64 | XPPRX | Voya Prime Rate | PairCorr |
The ability to find closely correlated positions to Calamos Opportunistic 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 Opportunistic 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 Opportunistic - 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 Opportunistic Value to buy it.
The correlation of Calamos Opportunistic 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 Opportunistic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Calamos Opportunistic 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 Opportunistic 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 Opportunistic Correlation against competitors. Note that the Calamos Opportunistic information on this page should be used as a complementary analysis to other Calamos Opportunistic'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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.