Columbia Etf Trust Etf Price on September 19, 2024
RECS Etf | USD 36.02 0.14 0.39% |
Below is the normalized historical share price chart for Columbia ETF Trust extending back to September 25, 2019. 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 ETF stands at 36.02, as last reported on the 30th of November, with the highest price reaching 36.12 and the lowest price hitting 35.88 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 ETF Trust is very steady. Columbia ETF Trust secures Sharpe Ratio (or Efficiency) of 0.22, which signifies that the etf had a 0.22% return per unit of risk over the last 3 months. We have found thirty technical indicators for Columbia ETF Trust, which you can use to evaluate the volatility of the entity. Please confirm Columbia ETF's Risk Adjusted Performance of 0.134, downside deviation of 0.8268, and Mean Deviation of 0.4893 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%.
Columbia Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 16.26 | 200 Day MA 32.2496 | 1 y Volatility 10.91 | 50 Day MA 34.6276 | Inception Date 2019-09-25 |
Columbia |
Sharpe Ratio = 0.2185
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Estimated Market Risk
0.68 actual daily | 6 94% of assets are more volatile |
Expected Return
0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Columbia ETF is performing at about 17% 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 ETF by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 304.1 K |
Columbia ETF Valuation on September 19, 2024
It is possible to determine the worth of Columbia ETF on a given historical date. On September 19, 2024 Columbia was worth 33.74 at the beginning of the trading date compared to the closed value of 33.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Columbia ETF etf. Still, in general, we apply an absolute valuation method to find Columbia ETF'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 ETF where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Columbia ETF's related companies.
Open | High | Low | Close | Volume | |
33.24 | 33.53 | 33.09 | 33.17 | 185,184 | |
09/19/2024 | 33.74 | 33.85 | 33.57 | 33.75 | 233,795 |
33.69 | 33.74 | 33.47 | 33.68 | 110,017 |
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Columbia ETF Trading Date Momentum on September 19, 2024
On September 20 2024 Columbia ETF Trust was traded for 33.68 at the closing time. The top price for the day was 33.74 and the lowest listed price was 33.47 . The trading volume for the day was 110 K. The trading history from September 20, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.21% . The overall trading delta against the current closing price is 0.06% . |
Columbia ETF Trust Fundamentals Correlations and Trends
By evaluating Columbia ETF'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 ETF'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 ETF Etf history
Columbia ETF 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 ETF Trust 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 ETF stock prices may prove useful in developing a viable investing in Columbia ETF
Columbia ETF Etf Technical Analysis
Columbia ETF 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 ETF Period Price Range
Low | November 30, 2024
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0.00 | 0.00 |
Columbia ETF Trust 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 ETF November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Columbia ETF 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 ETF shares will generate the highest return on investment. By undertsting and applying Columbia ETF etf market strength indicators, traders can identify Columbia ETF Trust entry and exit signals to maximize returns
Columbia ETF Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Columbia ETF'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 | 0.134 | |||
Jensen Alpha | 0.0165 | |||
Total Risk Alpha | (0) | |||
Sortino Ratio | (0.01) | |||
Treynor Ratio | 0.1487 |
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Check out Your Equity Center 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 main economic indicators. For more information on how to buy Columbia Etf please use our How to Invest in Columbia ETF guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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.