Columbia ETF Financials
CRED Etf | USD 24.18 0.13 0.54% |
Net Expense Ratio 0.0033 |
Columbia |
The data published in Columbia ETF's official financial statements typically reflect Columbia ETF's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Columbia ETF's quantitative information. For example, before you start analyzing numbers published by Columbia accountants, it's essential to understand Columbia ETF's liquidity, profitability, and earnings quality within the context of the Real Estate space in which it operates.
Please note, the presentation of Columbia ETF's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Columbia ETF's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Columbia ETF's management manipulating its earnings.
Columbia ETF Etf Summary
Columbia ETF competes with PrimeEnergy, Israel Acquisitions, and CKX Lands. CREDO Petroleum Corporationration, together with its subsidiaries, engages in the acquisition, exploration, development, and marketing of crude oil and natural gas properties in the MidContinent and Rocky Mountain regions of the United States.Instrument | USA Etf View All |
Exchange | NYSE ARCA Exchange |
ISIN | US19761L1109 |
CUSIP | 19761L110 |
Region | North America |
Investment Issuer | Columbia |
Fund Category | Sector |
Portfolio Concentration | Real Estate |
Benchmark | Dow Jones Industrial |
Website | www.credopetroleum.com |
Phone | 800 474 2737 |
Currency | USD - US Dollar |
Columbia ETF Key Financial Ratios
Columbia Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Columbia ETF's current stock value. Our valuation model uses many indicators to compare Columbia ETF value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Columbia ETF competition to find correlations between indicators driving Columbia ETF's intrinsic value. More Info.Columbia ETF Trust is the top ETF in one year return as compared to similar ETFs. It also is the top ETF in three year return as compared to similar ETFs reporting about 0.50 of Three Year Return per One Year Return. The ratio of One Year Return to Three Year Return for Columbia ETF Trust is roughly 2.02 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Columbia ETF by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Columbia ETF Trust Systematic Risk
Columbia ETF's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Columbia ETF volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Columbia ETF Trust correlated with the market. If Beta is less than 0 Columbia ETF generally moves in the opposite direction as compared to the market. If Columbia ETF Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Columbia ETF Trust is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Columbia ETF is generally in the same direction as the market. If Beta > 1 Columbia ETF moves generally in the same direction as, but more than the movement of the benchmark.
About Columbia ETF Financials
What exactly are Columbia ETF Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Columbia ETF's income statement, its balance sheet, and the statement of cash flows. Potential Columbia ETF investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Columbia ETF investors may use each financial statement separately, they are all related. The changes in Columbia ETF's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Columbia ETF's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Columbia ETF Thematic Clasifications
Columbia ETF Trust is part of several thematic ideas from Sector ETFs to Real Estate ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasColumbia ETF November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Columbia ETF help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Columbia ETF Trust. We use our internally-developed statistical techniques to arrive at the intrinsic value of Columbia ETF Trust based on widely used predictive technical indicators. In general, we focus on analyzing Columbia Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Columbia ETF's daily price indicators and compare them against related drivers.
Downside Deviation | 0.9282 | |||
Information Ratio | (0.05) | |||
Maximum Drawdown | 3.57 | |||
Value At Risk | (1.38) | |||
Potential Upside | 1.25 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Columbia ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. For information on how to trade Columbia Etf refer to our How to Trade Columbia Etf guide.You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
The market value of Columbia ETF Trust 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 ETF's value that differs from its market value or its book value, called intrinsic value, which is Columbia ETF'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 ETF's market value can be influenced by many factors that don't directly affect Columbia ETF'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 ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Columbia ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbia ETF'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.