Columbia Growth 529 Fund Manager Performance Evaluation
| CGAAX Fund | USD 63.40 0.46 0.73% |
The fund shows a Beta (market volatility) of 0.51, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Columbia Growth's returns are expected to increase less than the market. However, during the bear market, the loss of holding Columbia Growth is expected to be smaller as well.
Risk-Adjusted Performance
14 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Columbia Growth 529 are ranked lower than 14 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Columbia Growth may actually be approaching a critical reversion point that can send shares even higher in January 2025.
...more| Expense Ratio | 0.0400 |
Columbia |
Columbia Growth Relative Risk vs. Return Landscape
If you would invest 5,934 in Columbia Growth 529 on September 4, 2024 and sell it today you would earn a total of 406.00 from holding Columbia Growth 529 or generate 6.84% return on investment over 90 days. Columbia Growth 529 is currently producing 0.105% returns and takes up 0.5561% volatility of returns over 90 trading days. Put another way, 4% of traded mutual funds are less volatile than Columbia, and 98% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Columbia Growth Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Columbia Growth's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Columbia Growth 529, and traders can use it to determine the average amount a Columbia Growth's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1888
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| Cash | CGAAX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.56 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Columbia Growth is performing at about 14% 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 Growth by adding it to a well-diversified portfolio.
About Columbia Growth Performance
Evaluating Columbia Growth's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Columbia Growth has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Columbia Growth has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Columbia Growth is entity of United States. It is traded as Fund on NMFQS exchange.Things to note about Columbia Growth 529 performance evaluation
Checking the ongoing alerts about Columbia Growth for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Columbia Growth 529 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Columbia Growth's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Columbia Growth's mutual fund performance include:- Analyzing Columbia Growth's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Columbia Growth's stock is overvalued or undervalued compared to its peers.
- Examining Columbia Growth's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Columbia Growth's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Columbia Growth's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Columbia Growth's mutual fund. These opinions can provide insight into Columbia Growth's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Columbia Mutual Fund
Columbia Growth 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 Growth security.
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