Calamos LongShort Variance
| CPZ Stock | | | USD 14.21 -0.12 -0.84% |
The Variance profile for Calamos LongShort Equity is based on historical price and volume observations. All inputs reflect available trading data across supported markets. Calamos LongShort has a market cap of 277.99 M. For allocation context, review
Trending Equities. Allocation details are provided as informational context. Allocation context is based on the most recent position data. This overview is based on available data and does not express a directional view. This includes a position in Calamos LongShort Equity. The allocation reflects this within the position set. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
Calamos LongShort Equity has current Variance of 0.3567. Variance is another measure of security risk that shows the amount of dispersion of equity returns around their mean value. Variance is calculated as the average squared deviations from the mean. Evaluating a set of investment alternatives one can use variance to help determine the volatility when purchasing a specific security. Similar to Standard Deviation, the variance is a measure of how far a set of numbers is spread out around its mean.
Variance | = | SUM(RET DEV)2N |
| = | 0.3567 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Variance Peers Comparison
Variance Relative To Other Indicators
Calamos LongShort Equity is rated
below average in variance among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
9.43 of Maximum Drawdown per Variance. At
9.43 , Calamos LongShort Equity's Maximum Drawdown-to-Variance multiple reflects the spread between these metrics
Variance is also a measure of stock volatility and can help determine the risk an investor might take on when purchasing a specific security. A relatively big variance indicates that the daily prices or returns are far from the mean and a small variance indicates that they are located around the mean.
Compare Calamos LongShort to Peers
Other Technical Indicators