Columbia Multi Financial Statements From 2010 to 2024
| MUST Etf | USD 20.65 0.02 0.1% |
Check Columbia Multi financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Columbia Multi's main balance sheet or income statement drivers, such as , as well as many indicators such as . Columbia financial statements analysis is a perfect complement when working with Columbia Multi Valuation or Volatility modules.
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Columbia Multi Sector Municipal ETF Beta Analysis
Columbia Multi's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Columbia Multi Beta | 1.0 |
Most of Columbia Multi's fundamental indicators, such as Beta, 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, Columbia Multi Sector Municipal is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, Columbia Multi Sector Municipal has a Beta of 1.0. This is much higher than that of the Columbia Threadneedle family and significantly higher than that of the Muni National Interm category. The beta for all United States etfs is notably lower than that of the firm.
About Columbia Multi Financial Statements
Columbia Multi shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Columbia Multi investors may analyze each financial statement separately, they are all interrelated. The changes in Columbia Multi's assets and liabilities, for example, are also reflected in the revenues and expenses on on Columbia Multi's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
The fund will invest at least 80 percent of its assets in securities within the index. Columbia Multi is traded on NYSEARCA Exchange in the United States.
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Check out the analysis of Columbia Multi Correlation against competitors. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
The market value of Columbia Multi Sector is measured differently than its book value, which is the value of Columbia that is recorded on the company's balance sheet. Investors also form their own opinion of Columbia Multi's value that differs from its market value or its book value, called intrinsic value, which is Columbia Multi'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 Columbia Multi's market value can be influenced by many factors that don't directly affect Columbia Multi'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 Columbia Multi's value and its price as these two are different measures arrived at by different means. Investors typically determine if Columbia Multi is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbia Multi'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.