Columbia Disciplined Correlations

AQEAX Fund  USD 16.70  0.06  0.36%   
The current 90-days correlation between Columbia Disciplined and Columbia Large Cap is -0.01 (i.e., Good diversification). The correlation of Columbia Disciplined 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 correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Columbia Disciplined Correlation With Market

Good diversification

The correlation between Columbia Disciplined E and DJI is -0.02 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Columbia Disciplined E and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Columbia Disciplined E. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in nation.

Moving together with Columbia Mutual Fund

  0.82CUSOX Columbia Ultra ShortPairCorr
  0.96ILGCX Columbia Integrated LargePairCorr
  0.96ILGGX Columbia Integrated LargePairCorr
  0.96ILGJX Columbia Integrated LargePairCorr
  0.87SSCVX Columbia Select SmallerPairCorr
  0.94ILVFX Columbia Integrated LargePairCorr
  0.96ILVEX Columbia Integrated LargePairCorr
  0.89CFIGX Columbia Flexible CapitalPairCorr
  0.9CFIAX Columbia Flexible CapitalPairCorr
  0.92LIACX Columbia AcornPairCorr
  0.93SCICX Columbia SeligmanPairCorr
  0.95PHIKX Columbia ConvertiblePairCorr
  0.92INUTX Columbia DividendPairCorr
  0.93CGOAX Columbia Small CapPairCorr
  0.89SVLCX Columbia Select LargePairCorr
  0.95NSGAX Columbia Select LargePairCorr
  0.73NBICX Columbia Capital AllPairCorr
  0.75NBIAX Columbia Capital AllPairCorr
  0.92NTIAX Columbia Mid CapPairCorr
  0.84RBGCX Columbia Capital AllPairCorr
  0.93SHGTX Columbia Seligman GlobalPairCorr
  0.94RDLAX Columbia DisciplinedPairCorr
  0.93SHTCX Columbia Seligman GlobalPairCorr
  0.96NEIAX Columbia Large CapPairCorr

Moving against Columbia Mutual Fund

  0.79LIBAX Columbia Total ReturnPairCorr
  0.68PISLX Columbia Pyrford IntPairCorr
  0.68PISOX Columbia Pyrford IntPairCorr
  0.67LIIAX Columbia Porate IncomePairCorr
  0.42NACMX Columbia Amt FreePairCorr
  0.37RBBCX Columbia Income BuilderPairCorr
  0.33RBBAX Columbia Income BuilderPairCorr
  0.84AUGCX Columbia GovernmentPairCorr
  0.82AUGAX Columbia GovernmentPairCorr
  0.79CLMAX Columbia MortgagePairCorr
  0.68CLSCX Columbia Strategic IncomePairCorr
  0.68LAIAX Columbia Acorn InterPairCorr
  0.65COSIX Columbia Strategic IncomePairCorr
  0.49LNYAX Columbia Amt FreePairCorr
  0.49COEAX Columbia Amt FreePairCorr
  0.47ABDAX Columbia Capital AllPairCorr

Related Correlations Analysis

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