CSQ Stock Summary and Trading Ideas (Calamos Strategic Total Return - Closed End | NASDAQ:CSQ)

The Fund’s investment objective is to provide total return through a combination of capital appreciation and current income. Under normal circumstances, the Fund invests primarily in common and preferred stocks and income producing securities such as investment grade and below investment grade debt securities.

Calamos Strategic Total Return - Closed End trades on the NASDAQ stock market under the symbol CSQ.

As of April 23, 2024, CSQ stock price climbed to $15.77 with 257,640 million shares trading.

CSQ has a beta of 1.26, meaning it tends to be more sensitive to market movements. CSQ has a correlation of 0.75 to the broad based SPY ETF.

CSQ has a market cap of $2.53 billion. This is considered a Mid Cap stock.

In the last 3 years, CSQ stock traded as high as $19.89 and as low as $11.98.

CSQ stock has underperformed the market in the last year with a return of +21.2%, while SPY returned +24.3%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in CSQ shares. However, CSQ has outperformed the market in the last 3 month and 2 week periods, returning +5.6% and -2.1%, while SPY returned +4.9% and -2.5%, respectively. This indicates CSQ has been having a stronger performance recently.

CSQ support price is $15.38 and resistance is $15.72 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CSQ stock will trade within this expected range on the day.