Columbia Etf Trust Etf Performance
| CRED Etf | USD 23.63 0.14 0.60% |
The etf shows a Beta (market volatility) of 0.0661, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Columbia ETF's returns are expected to increase less than the market. However, during the bear market, the loss of holding Columbia ETF is expected to be smaller as well.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Columbia ETF Trust are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound technical and fundamental indicators, Columbia ETF is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
1 | MakeMyTrip to Acquire Happay Expense Management Platform from CRED | 11/18/2024 |
Columbia |
Columbia ETF Relative Risk vs. Return Landscape
If you would invest 2,293 in Columbia ETF Trust on August 27, 2024 and sell it today you would earn a total of 70.00 from holding Columbia ETF Trust or generate 3.05% return on investment over 90 days. Columbia ETF Trust is currently generating 0.0502% in daily expected returns and assumes 0.8078% risk (volatility on return distribution) over the 90 days horizon. In different words, 7% of etfs are less volatile than Columbia, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Columbia ETF Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Columbia ETF's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Columbia ETF Trust, and traders can use it to determine the average amount a Columbia ETF'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 = 0.0622
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Estimated Market Risk
| 0.81 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Columbia ETF is performing at about 4% 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.
Columbia ETF Fundamentals Growth
Columbia Etf prices reflect investors' perceptions of the future prospects and financial health of Columbia ETF, and Columbia ETF fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Columbia Etf performance.
| Return On Asset | 6.33 | |||
| Profit Margin | 18.87 % | |||
| Operating Margin | 32.71 % | |||
| Current Valuation | 148.84 M | |||
| Shares Outstanding | 10.04 M | |||
| Revenue | 23 M | |||
| EBITDA | 15.54 M | |||
| Cash And Equivalents | 2.65 M | |||
| Cash Per Share | 0.26 X | |||
| Total Debt | 6 M | |||
| Debt To Equity | 0.11 % | |||
| Cash Flow From Operations | 10.52 M | |||
| Earnings Per Share | 0.43 X | |||
| Total Asset | 1.5 B | |||
| Retained Earnings | 25 M | |||
| Current Asset | 12.04 M | |||
| Current Liabilities | 23.52 M | |||
About Columbia ETF Performance
By analyzing Columbia ETF's fundamental ratios, stakeholders can gain valuable insights into Columbia ETF's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Columbia ETF 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 ETF has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
CREDO Petroleum Corporationration, together with its subsidiaries, engages in the acquisition, exploration, development, and marketing of crude oil and natural gas properties in the MidContinent and Rocky Mountain regions of the United States.| 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 |
Check out Trending Equities 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 income. For information on how to trade Columbia Etf refer to our How to Trade Columbia Etf guide.You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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.