Columbia Limited Duration Fund Market Value
| CLDYX Fund | USD 9.84 0.02 0.20% |
| Symbol | Columbia |
Columbia Limited '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 Limited'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 Limited.
| 11/02/2024 |
| 01/31/2025 |
If you would invest 0.00 in Columbia Limited on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Columbia Limited Duration or generate 0.0% return on investment in Columbia Limited over 90 days. Columbia Limited is related to or competes with Rbb Fund, Rational Dividend, and Tax-managed. The investment seeks to provide shareholders with a level of current income consistent with preservation of capital More
Columbia Limited 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 Limited'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 Limited Duration upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1873 | |||
| Information Ratio | (0.55) | |||
| Maximum Drawdown | 0.9185 | |||
| Value At Risk | (0.31) | |||
| Potential Upside | 0.308 |
Columbia Limited Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Columbia Limited's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Columbia Limited's standard deviation. In reality, there are many statistical measures that can use Columbia Limited historical prices to predict the future Columbia Limited's volatility.| Risk Adjusted Performance | 0.0217 | |||
| Jensen Alpha | 0.0012 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.47) | |||
| Treynor Ratio | 0.1992 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Columbia Limited's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Columbia Limited Duration Backtested Returns
At this stage we consider Columbia Mutual Fund to be very steady. Columbia Limited Duration secures Sharpe Ratio (or Efficiency) of 0.077, which signifies that the fund had a 0.077 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Columbia Limited Duration, which you can use to evaluate the volatility of the entity. Please confirm Columbia Limited's Downside Deviation of 0.1873, mean deviation of 0.1069, and Risk Adjusted Performance of 0.0217 to double-check if the risk estimate we provide is consistent with the expected return of 0.0122%. The fund shows a Beta (market volatility) of 0.0112, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Columbia Limited's returns are expected to increase less than the market. However, during the bear market, the loss of holding Columbia Limited is expected to be smaller as well.
Auto-correlation | 0.53 |
Modest predictability
Columbia Limited Duration has modest predictability. Overlapping area represents the amount of predictability between Columbia Limited time series from 2nd of November 2024 to 17th of December 2024 and 17th of December 2024 to 31st 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 Limited Duration price movement. The serial correlation of 0.53 indicates that about 53.0% of current Columbia Limited price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.53 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Columbia Limited Duration lagged returns against current returns
Autocorrelation, which is Columbia Limited 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 Limited's mutual fund expected returns. We can calculate the autocorrelation of Columbia Limited returns to help us make a trade decision. For example, suppose you find that Columbia Limited 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 Limited 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 Limited mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Columbia Limited 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 Limited mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Columbia Limited Lagged Returns
When evaluating Columbia Limited's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Columbia Limited mutual fund have on its future price. Columbia Limited 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 Limited autocorrelation shows the relationship between Columbia Limited mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Columbia Limited Duration.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Columbia Mutual Fund
Columbia Limited 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 Limited security.
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