Columbia Treasury Index Fund Market Value
| CUTYX Fund | USD 9.88 0.02 0.20% |
| Symbol | Columbia |
Columbia Treasury '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 Treasury'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 Treasury.
| 05/04/2023 |
| 11/24/2024 |
If you would invest 0.00 in Columbia Treasury on May 4, 2023 and sell it all today you would earn a total of 0.00 from holding Columbia Treasury Index or generate 0.0% return on investment in Columbia Treasury over 570 days. Columbia Treasury is related to or competes with Columbia Porate, Columbia Ultra, Columbia Ultra, Multi Manager, Columbia Small, Columbia Government, and Columbia Dividend. Under normal circumstances, the fund invests at least 80 percent of its net assets in securities that comprise the FTSE ... More
Columbia Treasury 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 Treasury'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 Treasury Index upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.57) | |||
| Maximum Drawdown | 1.3 | |||
| Value At Risk | (0.60) | |||
| Potential Upside | 0.4036 |
Columbia Treasury Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Columbia Treasury's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Columbia Treasury's standard deviation. In reality, there are many statistical measures that can use Columbia Treasury historical prices to predict the future Columbia Treasury's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | (1.27) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Columbia Treasury'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 Treasury Index Backtested Returns
Columbia Treasury Index secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the fund had a -0.12% return per unit of risk over the last 3 months. Columbia Treasury Index exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Columbia Treasury's Risk Adjusted Performance of (0.11), mean deviation of 0.2185, and Standard Deviation of 0.2922 to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.0351, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Columbia Treasury's returns are expected to increase less than the market. However, during the bear market, the loss of holding Columbia Treasury is expected to be smaller as well.
Auto-correlation | -0.03 |
Very weak reverse predictability
Columbia Treasury Index has very weak reverse predictability. Overlapping area represents the amount of predictability between Columbia Treasury time series from 4th of May 2023 to 13th of February 2024 and 13th of February 2024 to 24th 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 Treasury Index price movement. The serial correlation of -0.03 indicates that only 3.0% of current Columbia Treasury price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Columbia Treasury Index lagged returns against current returns
Autocorrelation, which is Columbia Treasury 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 Treasury's mutual fund expected returns. We can calculate the autocorrelation of Columbia Treasury returns to help us make a trade decision. For example, suppose you find that Columbia Treasury 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 Treasury 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 Treasury mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Columbia Treasury 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 Treasury mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Columbia Treasury Lagged Returns
When evaluating Columbia Treasury's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Columbia Treasury mutual fund have on its future price. Columbia Treasury 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 Treasury autocorrelation shows the relationship between Columbia Treasury mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Columbia Treasury Index.
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 Treasury 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 Treasury security.
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges |