Columbia Porate Correlations
| CIOCXDelisted Fund | USD 8.93 0.00 0.00% |
The current 90-days correlation between Columbia Porate Income and Lgm Risk Managed is -0.23 (i.e., Very good diversification). The correlation of Columbia Porate 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 Porate Correlation With Market
Very good diversification
The correlation between Columbia Porate Income and DJI is -0.26 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Columbia Porate Income and DJI in the same portfolio, assuming nothing else is changed.
Columbia |
Moving against Columbia Mutual Fund
| 0.39 | VICBX | Vanguard Intermediate-ter | PairCorr |
| 0.38 | VICSX | Vanguard Intermediate-ter | PairCorr |
| 0.37 | VFICX | Vanguard Intermediate-ter | PairCorr |
| 0.37 | PBDPX | Pimco Investment Grade | PairCorr |
| 0.37 | PIGIX | Investment Grade Porate | PairCorr |
| 0.37 | PCNNX | Pimco Investment Grade | PairCorr |
| 0.36 | VFIDX | Vanguard Intermediate-ter | PairCorr |
| 0.36 | PGCAX | Investment Grade Porate | PairCorr |
| 0.36 | PBDAX | Investment Grade Porate | PairCorr |
| 0.35 | PBDCX | Investment Grade Porate | PairCorr |
| 0.72 | DD | Dupont De Nemours Fiscal Year End 4th of February 2025 | PairCorr |
| 0.5 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.48 | VZ | Verizon Communications Aggressive Push | PairCorr |
| 0.47 | IBM | International Business Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.45 | MSFT | Microsoft | PairCorr |
| 0.41 | HD | Home Depot | PairCorr |
| 0.38 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Columbia Mutual Fund performing well and Columbia Porate Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Columbia Porate's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| LBETX | 0.22 | (0.01) | (0.23) | 0.10 | 0.21 | 0.54 | 1.43 | |||
| AGDAX | 0.12 | 0.02 | (0.47) | 0.52 | 0.00 | 0.29 | 0.87 | |||
| CBSYX | 0.33 | (0.03) | (0.25) | 0.05 | 0.35 | 0.69 | 2.27 | |||
| PHDTX | 0.09 | 0.02 | (0.62) | 0.39 | 0.00 | 0.23 | 0.56 | |||
| CYBAX | 0.10 | 0.00 | (0.87) | 0.17 | 0.00 | 0.24 | 0.73 | |||
| AWF | 0.33 | (0.02) | (0.27) | 0.02 | 0.38 | 0.73 | 1.91 | |||
| RSHMX | 0.24 | 0.02 | (0.23) | (0.06) | 0.37 | 0.42 | 1.98 | |||
| PHIAX | 0.10 | 0.01 | (0.48) | 0.30 | 0.00 | 0.23 | 0.80 |
Columbia Porate Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Columbia Porate mutual fund to make a market-neutral strategy. Peer analysis of Columbia Porate could also be used in its relative valuation, which is a method of valuing Columbia Porate by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Still Interested in Columbia Porate Income?
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