Columbia Floating Rate Fund Price on December 2, 2024
| CFRZX Fund | USD 33.64 0.01 0.03% |
Below is the normalized historical share price chart for Columbia Floating Rate extending back to September 28, 2010. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Columbia Floating stands at 33.64, as last reported on the 11th of December 2024, with the highest price reaching 33.64 and the lowest price hitting 33.64 during the day.
If you're considering investing in Columbia Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Columbia Mutual Fund to be very steady. Columbia Floating Rate secures Sharpe Ratio (or Efficiency) of 0.27, which signifies that the fund had a 0.27% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Columbia Floating Rate, which you can use to evaluate the volatility of the entity. Please confirm Columbia Floating's Mean Deviation of 0.0448, risk adjusted performance of 0.137, and Coefficient Of Variation of 379.71 to double-check if the risk estimate we provide is consistent with the expected return of 0.0315%.
Columbia Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Columbia |
Sharpe Ratio = 0.2699
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CFRZX |
Estimated Market Risk
| 0.12 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.27 actual daily | 21 79% of assets perform better |
Based on monthly moving average Columbia Floating is performing at about 21% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Columbia Floating by adding it to a well-diversified portfolio.
Columbia Floating Valuation on December 2, 2024
It is possible to determine the worth of Columbia Floating on a given historical date. On December 2, 2024 Columbia was worth 33.61 at the beginning of the trading date compared to the closed value of 33.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Columbia Floating mutual fund. Still, in general, we apply an absolute valuation method to find Columbia Floating's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Columbia Floating where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Columbia Floating's related companies.
| Open | High | Low | Close | Volume | |
| 33.61 | 33.61 | 33.61 | 33.61 | 1.00 | |
12/02/2024 | 33.61 | 33.61 | 33.61 | 33.61 | 1.00 |
| 33.61 | 33.61 | 33.61 | 33.61 | 1.00 |
| Backtest Columbia Floating | | | Columbia Floating History | | | Columbia Floating Valuation | Previous | Next |
Columbia Floating Trading Date Momentum on December 2, 2024
| On December 03 2024 Columbia Floating Rate was traded for 33.61 at the closing time. The highest daily price throughout the period was 33.61 and the lowest price was 33.61 . There was no trading activity during the period 1.0. Lack of trading volume on 12/03/2024 did not affect price variability. The overall trading delta to current closing price is 0.09% . |
Columbia Floating Rate Fundamentals Correlations and Trends
By evaluating Columbia Floating's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Columbia Floating's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Columbia financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Columbia Floating Mutual Fund history
Columbia Floating investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Columbia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Columbia Floating Rate will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Columbia Floating stock prices may prove useful in developing a viable investing in Columbia Floating
Under normal market conditions, at least 80 percent of the funds net assets will be invested in floating rate loans and floating rate debt securities. These debt instruments will generally be rated non-investment grade by recognized rating agencies or, if unrated, determined to be of comparable quality. It may invest up to 25 percent of its net assets in foreign investments.
Columbia Floating Mutual Fund Technical Analysis
Columbia Floating technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Columbia Floating Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Columbia Floating Rate cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Columbia Floating December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Columbia Floating mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Columbia Floating shares will generate the highest return on investment. By undertsting and applying Columbia Floating mutual fund market strength indicators, traders can identify Columbia Floating Rate entry and exit signals to maximize returns
Columbia Floating Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Columbia Floating's price direction in advance. Along with the technical and fundamental analysis of Columbia Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Columbia to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.137 | |||
| Jensen Alpha | 0.0204 | |||
| Total Risk Alpha | 0.002 | |||
| Sortino Ratio | (3.00) | |||
| Treynor Ratio | (6.70) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Columbia Mutual Fund
Columbia Floating financial ratios help investors to determine whether Columbia Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Columbia with respect to the benefits of owning Columbia Floating security.
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |