Columbia Etf Trust Etf Buy Hold or Sell Recommendation
| CRED Etf | USD 23.63 0.14 0.60% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Columbia ETF Trust is 'Cautious Hold'. Macroaxis provides Columbia ETF buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CRED positions.
Check out Columbia ETF Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Columbia Etf refer to our How to Trade Columbia Etf guide. Note, we conduct extensive research on individual funds such as Columbia and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards 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.
Columbia |
Execute Columbia ETF Buy or Sell Advice
The Columbia recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Columbia ETF Trust. Macroaxis does not own or have any residual interests in Columbia ETF Trust or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Columbia ETF's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details |
Columbia ETF Trading Alerts and Improvement Suggestions
| Columbia ETF Trust currently holds 6 M in liabilities with Debt to Equity (D/E) ratio of 0.11, which may suggest the company is not taking enough advantage from borrowing. Columbia ETF Trust has a current ratio of 0.5, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Columbia ETF until it has trouble settling it off, either with new capital or with free cash flow. So, Columbia ETF's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Columbia ETF Trust sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Columbia to invest in growth at high rates of return. When we think about Columbia ETF's use of debt, we should always consider it together with cash and equity. | |
| Latest headline from businesswire.com: MakeMyTrip to Acquire Happay Expense Management Platform from CRED | |
| The fund holds about 99.17% of its assets under management (AUM) in fixed income securities |
Columbia ETF Returns Distribution Density
The distribution of Columbia ETF's historical returns is an attempt to chart the uncertainty of Columbia ETF's future price movements. The chart of the probability distribution of Columbia ETF daily returns describes the distribution of returns around its average expected value. We use Columbia ETF Trust price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Columbia ETF returns is essential to provide solid investment advice for Columbia ETF.
| Mean Return | 0.08 | Value At Risk | -1.38 | Potential Upside | 1.40 | Standard Deviation | 0.83 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Columbia ETF historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Columbia ETF Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Columbia ETF or Real Estate sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Columbia ETF's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Columbia etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.06 | |
β | Beta against Dow Jones | 0.07 | |
σ | Overall volatility | 0.81 | |
Ir | Information ratio | -0.06 |
Columbia ETF Volatility Alert
Columbia ETF Trust has low volatility with Treynor Ratio of 1.03, Maximum Drawdown of 4.09 and kurtosis of 0.01. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Columbia ETF's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Columbia ETF's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Columbia ETF Fundamentals Vs Peers
Comparing Columbia ETF's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Columbia ETF's direct or indirect competition across all of the common fundamentals between Columbia ETF and the related equities. This way, we can detect undervalued stocks with similar characteristics as Columbia ETF or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Columbia ETF's fundamental indicators could also be used in its relative valuation, which is a method of valuing Columbia ETF by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Columbia ETF to competition |
| Fundamentals | Columbia ETF | Peer Average |
| One Year Return | 25.20 % | (0.97) % |
| Three Year Return | 12.70 % | 3.23 % |
| Five Year Return | 7.20 % | 1.12 % |
| Ten Year Return | 17.20 % | 1.20 % |
| Bond Positions Weight | 99.17 % | 8.16 % |
Columbia ETF Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Columbia . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 23.63 | |||
| Day Typical Price | 23.63 | |||
| Price Action Indicator | 0.07 | |||
| Period Momentum Indicator | 0.14 | |||
| Relative Strength Index | 37.02 |
About Columbia ETF Buy or Sell Advice
When is the right time to buy or sell Columbia ETF Trust? Buying financial instruments such as Columbia Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Columbia ETF in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Computers Thematic Idea Now
Computers
Companies that manufacture and distribute personal and business computers. The Computers theme has 41 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Computers Theme or any other thematic opportunities.
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Check out Columbia ETF Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Columbia Etf refer to our How to Trade Columbia Etf guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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.