Columbia Multi Sector Municipal Etf Price on November 29, 2024
| MUST Etf | USD 20.87 0.11 0.53% |
Below is the normalized historical share price chart for Columbia Multi Sector Municipal extending back to October 10, 2018. 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 Multi stands at 20.87, as last reported on the 1st of December, with the highest price reaching 20.94 and the lowest price hitting 20.71 during the day.
If you're considering investing in Columbia Etf, it is important to understand the factors that can impact its price. Currently, Columbia Multi Sector Municipal is very steady. Columbia Multi Sector secures Sharpe Ratio (or Efficiency) of 0.0898, which signifies that the etf had a 0.0898% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Columbia Multi Sector Municipal, which you can use to evaluate the volatility of the entity. Please confirm Columbia Multi's Risk Adjusted Performance of 0.0509, mean deviation of 0.301, and Downside Deviation of 0.3981 to double-check if the risk estimate we provide is consistent with the expected return of 0.0348%.
Columbia Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 7.59 | 200 Day MA 20.5711 | 1 y Volatility 4.11 | 50 Day MA 20.6112 | Inception Date 2018-10-10 |
Columbia |
Sharpe Ratio = 0.0898
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| Negative Returns | MUST |
Estimated Market Risk
| 0.39 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Columbia Multi is performing at about 7% 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 Multi by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
Columbia Multi Valuation on November 29, 2024
It is possible to determine the worth of Columbia Multi on a given historical date. On November 29, 2024 Columbia was worth 20.94 at the beginning of the trading date compared to the closed value of 20.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Columbia Multi etf. Still, in general, we apply an absolute valuation method to find Columbia Multi'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 Multi where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Columbia Multi's related companies.
| Open | High | Low | Close | Volume | |
| 20.71 | 20.81 | 20.66 | 20.76 | 44,393 | |
11/29/2024 | 20.94 | 20.94 | 20.71 | 20.87 | 17,205 |
| 20.94 | 20.94 | 20.71 | 20.87 | 0.00 |
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Columbia Multi Trading Date Momentum on November 29, 2024
| On December 01 2024 Columbia Multi Sector Municipal was traded for 20.87 at the closing time. The top price for the day was 20.94 and the lowest listed price was 20.71 . There was no trading activity during the period 0.0. Lack of trading volume on December 1, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.34% . |
Columbia Multi Sector Fundamentals Correlations and Trends
By evaluating Columbia Multi'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 Multi'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 Multi Etf history
Columbia Multi 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 Multi Sector 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 Multi stock prices may prove useful in developing a viable investing in Columbia Multi
Columbia Multi Etf Technical Analysis
Columbia Multi technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
Columbia Multi Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Columbia Multi Sector Municipal cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA 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 Multi December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Columbia Multi etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Columbia Multi shares will generate the highest return on investment. By undertsting and applying Columbia Multi etf market strength indicators, traders can identify Columbia Multi Sector Municipal entry and exit signals to maximize returns
Columbia Multi Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Columbia Multi's price direction in advance. Along with the technical and fundamental analysis of Columbia Etf 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 | 0.0509 | |||
| Jensen Alpha | 0.0231 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.27) | |||
| Treynor Ratio | (1.18) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Columbia Multi Sector Municipal. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
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.