Calamos Sp 500 Etf Fundamentals
| CPSR Etf | USD 24.79 0.01 0.04% |
Fundamental analysis of Calamos SP allows traders to better anticipate movements in Calamos SP's stock price by examining its financial health and performance throughout various phases of its business cycle.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Calamos SP 500 ETF Price To Book Analysis
Calamos SP's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Calamos SP Price To Book | 68.69 X |
Most of Calamos SP's fundamental indicators, such as Price To Book, 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 SP 500 is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
| Competition |
Based on the latest financial disclosure, Calamos SP 500 has a Price To Book of 68 times. This is much higher than that of the Financial Services family and significantly higher than that of the Defined Outcome category. The price to book for all United States etfs is notably lower than that of the firm.
Did you try this?
Run Latest Portfolios Now
Latest PortfoliosQuick portfolio dashboard that showcases your latest portfolios |
| All Next | Launch Module |
Calamos Fundamentals
| Current Valuation | 344.35 M | |||
| Shares Outstanding | 27.6 M | |||
| Shares Owned By Institutions | 97.61 % | |||
| Number Of Shares Shorted | 155.96 K | |||
| Price To Book | 68.69 X | |||
| Net Income | (20.23 M) | |||
| Cash And Equivalents | 304.94 K | |||
| Cash Per Share | 0.01 X | |||
| Debt To Equity | 5.83 % | |||
| Current Ratio | 0.12 X | |||
| Book Value Per Share | (1.28) X | |||
| Cash Flow From Operations | (1.09 M) | |||
| Short Ratio | 0.62 X | |||
| Earnings Per Share | (0.44) X | |||
| Market Capitalization | 341.21 M |
About Calamos SP Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Calamos SP 500's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Calamos SP using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Calamos SP 500 based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Capstar Special Purpose Acquisition Corp. is a blank check company. The company was incorporated in 2020 and is based Austin, Texas. Capstar Special operates under Shell Companies classification in the United States and is traded on New York Stock Exchange.
Pair Trading with Calamos SP
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 SP 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 SP will appreciate offsetting losses from the drop in the long position's value.Moving together with Calamos Etf
| 0.95 | INOV | Innovator ETFs Trust | PairCorr |
| 1.0 | BUFR | First Trust Cboe | PairCorr |
| 0.99 | BUFD | FT Cboe Vest | PairCorr |
| 1.0 | PSEP | Innovator SP 500 | PairCorr |
| 0.99 | PJAN | Innovator SP 500 | PairCorr |
The ability to find closely correlated positions to Calamos SP 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 SP 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 SP - 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 SP 500 to buy it.
The correlation of Calamos SP 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 SP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Calamos SP 500 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 SP 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 Calamos SP Piotroski F Score and Calamos SP Altman Z Score analysis. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
The market value of Calamos SP 500 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 SP's value that differs from its market value or its book value, called intrinsic value, which is Calamos SP'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 SP's market value can be influenced by many factors that don't directly affect Calamos SP'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 SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if Calamos SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Calamos SP'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.