Columbia Dividend Income Fund Market Value
| CDDRX Fund | USD 34.25 0.19 0.55% |
| Symbol | Columbia |
Columbia Dividend 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Columbia Dividend's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Columbia Dividend.
| 12/19/2024 |
| 01/18/2025 |
If you would invest 0.00 in Columbia Dividend on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Columbia Dividend Income or generate 0.0% return on investment in Columbia Dividend over 30 days. Columbia Dividend is related to or competes with Ab Bond, Massmutual Premier, Ab Bond, Arrow Managed, Great-west Inflation-protec, and Ab Bond. The fund invests at least 80 percent of its net assets in a diversified portfolio of income-producing equity securities,... More
Columbia Dividend Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Columbia Dividend's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Columbia Dividend Income upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 6.53 | |||
| Value At Risk | (1.03) | |||
| Potential Upside | 0.9281 |
Columbia Dividend Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Columbia Dividend's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Columbia Dividend's standard deviation. In reality, there are many statistical measures that can use Columbia Dividend historical prices to predict the future Columbia Dividend's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.48) |
Columbia Dividend Income Backtested Returns
Columbia Dividend Income secures Sharpe Ratio (or Efficiency) of -0.0776, which signifies that the fund had a -0.0776% return per unit of risk over the last 3 months. Columbia Dividend Income exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Columbia Dividend's Mean Deviation of 0.5442, risk adjusted performance of (0.05), and Standard Deviation of 0.8452 to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.13, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Columbia Dividend's returns are expected to increase less than the market. However, during the bear market, the loss of holding Columbia Dividend is expected to be smaller as well.
Auto-correlation | -0.48 |
Modest reverse predictability
Columbia Dividend Income has modest reverse predictability. Overlapping area represents the amount of predictability between Columbia Dividend time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Columbia Dividend Income price movement. The serial correlation of -0.48 indicates that about 48.0% of current Columbia Dividend price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Columbia Dividend Income lagged returns against current returns
Autocorrelation, which is Columbia Dividend mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Columbia Dividend's mutual fund expected returns. We can calculate the autocorrelation of Columbia Dividend returns to help us make a trade decision. For example, suppose you find that Columbia Dividend has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Columbia Dividend regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Columbia Dividend mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Columbia Dividend mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Columbia Dividend mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Columbia Dividend Lagged Returns
When evaluating Columbia Dividend's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Columbia Dividend mutual fund have on its future price. Columbia Dividend autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Columbia Dividend autocorrelation shows the relationship between Columbia Dividend mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Columbia Dividend Income.
Regressed Prices |
| Timeline |
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Other Information on Investing in Columbia Mutual Fund
Columbia Dividend 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 Dividend security.
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