Columbia Porate Income Fund Market Value
| CRIYX Fund | USD 9.24 0.01 0.11% |
| Symbol | Columbia |
Columbia Corporate '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 Corporate'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 Corporate.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Columbia Corporate on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Columbia Porate Income or generate 0.0% return on investment in Columbia Corporate over 720 days. Columbia Corporate is related to or competes with Jpmorgan Equity, Locorr Dynamic, Scharf Fund, Sarofim Equity, Artisan Select, and Ms Global. The fund invests at least 80 percent of its net assets in debt securities issued by corporate and other non-governmental... More
Columbia Corporate 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 Corporate'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 Porate Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.382 | |||
| Information Ratio | (0.41) | |||
| Maximum Drawdown | 1.42 | |||
| Value At Risk | (0.54) | |||
| Potential Upside | 0.4362 |
Columbia Corporate Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Columbia Corporate's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Columbia Corporate's standard deviation. In reality, there are many statistical measures that can use Columbia Corporate historical prices to predict the future Columbia Corporate's volatility.| Risk Adjusted Performance | 0.0029 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.34) | |||
| Treynor Ratio | 0.1273 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Columbia Corporate'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 Porate Income Backtested Returns
At this stage we consider Columbia Mutual Fund to be very steady. Columbia Porate Income secures Sharpe Ratio (or Efficiency) of 0.0069, which signifies that the fund had a 0.0069% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Columbia Porate Income, which you can use to evaluate the volatility of the entity. Please confirm Columbia Corporate's Mean Deviation of 0.2314, risk adjusted performance of 0.0029, and Downside Deviation of 0.382 to double-check if the risk estimate we provide is consistent with the expected return of 0.0022%. The fund shows a Beta (market volatility) of -0.023, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Columbia Corporate are expected to decrease at a much lower rate. During the bear market, Columbia Corporate is likely to outperform the market.
Auto-correlation | -0.27 |
Weak reverse predictability
Columbia Porate Income has weak reverse predictability. Overlapping area represents the amount of predictability between Columbia Corporate time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd of December 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 Porate Income price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current Columbia Corporate price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.27 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Columbia Porate Income lagged returns against current returns
Autocorrelation, which is Columbia Corporate 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 Corporate's mutual fund expected returns. We can calculate the autocorrelation of Columbia Corporate returns to help us make a trade decision. For example, suppose you find that Columbia Corporate 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 Corporate 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 Corporate mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Columbia Corporate 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 Corporate mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Columbia Corporate Lagged Returns
When evaluating Columbia Corporate's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Columbia Corporate mutual fund have on its future price. Columbia Corporate 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 Corporate autocorrelation shows the relationship between Columbia Corporate mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Columbia Porate Income.
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 Corporate 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 Corporate security.
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