Columbia Sportswear Stock Market Value
| COLM Stock | USD 80.10 1.73 2.11% |
| Symbol | Columbia |
Columbia Sportswear Price To Book Ratio
Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Columbia Sportswear. If investors know Columbia will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Columbia Sportswear listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.08) | Dividend Share 1.2 | Earnings Share 3.57 | Revenue Per Share 56.262 | Quarterly Revenue Growth (0.06) |
The market value of Columbia Sportswear 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 Sportswear's value that differs from its market value or its book value, called intrinsic value, which is Columbia Sportswear'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 Sportswear's market value can be influenced by many factors that don't directly affect Columbia Sportswear'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 Sportswear's value and its price as these two are different measures arrived at by different means. Investors typically determine if Columbia Sportswear is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbia Sportswear'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.
Columbia Sportswear '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 Sportswear's stock 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 Sportswear.
| 05/25/2024 |
| 11/21/2024 |
If you would invest 0.00 in Columbia Sportswear on May 25, 2024 and sell it all today you would earn a total of 0.00 from holding Columbia Sportswear or generate 0.0% return on investment in Columbia Sportswear over 180 days. Columbia Sportswear is related to or competes with Vince Holding, Ermenegildo Zegna, Gildan Activewear, G III, Oxford Industries, Kontoor Brands, and Ralph Lauren. Columbia Sportswear Company, together with its subsidiaries, designs, sources, markets, and distributes outdoor, active,... More
Columbia Sportswear 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 Sportswear's stock 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 Sportswear upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.61 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 7.55 | |||
| Value At Risk | (2.36) | |||
| Potential Upside | 2.16 |
Columbia Sportswear Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Columbia Sportswear's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Columbia Sportswear's standard deviation. In reality, there are many statistical measures that can use Columbia Sportswear historical prices to predict the future Columbia Sportswear's volatility.| Risk Adjusted Performance | 0.0093 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (0) |
Columbia Sportswear Backtested Returns
Columbia Sportswear secures Sharpe Ratio (or Efficiency) of -0.0343, which signifies that the company had a -0.0343% return per unit of risk over the last 3 months. Columbia Sportswear exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Columbia Sportswear's Downside Deviation of 1.61, risk adjusted performance of 0.0093, and Mean Deviation of 1.17 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.45, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Columbia Sportswear's returns are expected to increase less than the market. However, during the bear market, the loss of holding Columbia Sportswear is expected to be smaller as well. At this point, Columbia Sportswear has a negative expected return of -0.0523%. Please make sure to confirm Columbia Sportswear's downside variance, and the relationship between the sortino ratio and accumulation distribution , to decide if Columbia Sportswear performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.10 |
Insignificant predictability
Columbia Sportswear has insignificant predictability. Overlapping area represents the amount of predictability between Columbia Sportswear time series from 25th of May 2024 to 23rd of August 2024 and 23rd of August 2024 to 21st of November 2024. 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 Sportswear price movement. The serial correlation of 0.1 indicates that less than 10.0% of current Columbia Sportswear price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.1 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 4.89 |
Columbia Sportswear lagged returns against current returns
Autocorrelation, which is Columbia Sportswear stock'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 Sportswear's stock expected returns. We can calculate the autocorrelation of Columbia Sportswear returns to help us make a trade decision. For example, suppose you find that Columbia Sportswear has exhibited high autocorrelation historically, and you observe that the stock 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 |
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Columbia Sportswear 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 Sportswear stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Columbia Sportswear stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Columbia Sportswear stock over time.
Current vs Lagged Prices |
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Columbia Sportswear Lagged Returns
When evaluating Columbia Sportswear's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Columbia Sportswear stock have on its future price. Columbia Sportswear 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 Sportswear autocorrelation shows the relationship between Columbia Sportswear stock current value and its past values and can show if there is a momentum factor associated with investing in Columbia Sportswear.
Regressed Prices |
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Try AI Portfolio ArchitectCheck out Columbia Sportswear Correlation, Columbia Sportswear Volatility and Columbia Sportswear Alpha and Beta module to complement your research on Columbia Sportswear. To learn how to invest in Columbia Stock, please use our How to Invest in Columbia Sportswear guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Columbia Sportswear technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.