Columbia Etf Trust Etf Performance
| RECS Etf | USD 35.79 0.01 0.03% |
The etf shows a Beta (market volatility) of 0.6, which signifies possible diversification benefits within a given portfolio. 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 8 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable fundamental indicators, Columbia ETF is not utilizing all of its potentials. The newest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
| In Threey Sharp Ratio | 0.41 |
Columbia |
Columbia ETF Relative Risk vs. Return Landscape
If you would invest 3,370 in Columbia ETF Trust on November 3, 2024 and sell it today you would earn a total of 185.00 from holding Columbia ETF Trust or generate 5.49% return on investment over 90 days. Columbia ETF Trust is currently generating 0.0909% in daily expected returns and assumes 0.8158% 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 = 0.1115
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Estimated Market Risk
| 0.82 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Columbia ETF is performing at about 8% 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.
| Total Asset | 63.19 M | |||
About Columbia ETF Performance
Assessing Columbia ETF's fundamental ratios provides investors with valuable insights into Columbia ETF's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Columbia ETF is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
The fund invests at least 80 percent of its assets in the securities of the index. Columbia Research is traded on NYSEARCA Exchange in the United States.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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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.