Columbia Total Return Fund Market Value
| LIBCX Fund | USD 30.12 0.03 0.1% |
| Symbol | COLUMBIA |
Columbia Total '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 Total'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 Total.
| 08/02/2023 |
| 11/24/2024 |
If you would invest 0.00 in Columbia Total on August 2, 2023 and sell it all today you would earn a total of 0.00 from holding Columbia Total Return or generate 0.0% return on investment in Columbia Total over 480 days. Columbia Total is related to or competes with Columbia Porate, Columbia Ultra, Columbia Ultra, Columbia Treasury, Multi Manager, Columbia Small, and Columbia Treasury. The fund invests at least 80 percent of its net assets in bonds, notes and other debt instruments, including derivatives... More
Columbia Total 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 Total'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 Total Return upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.52) | |||
| Maximum Drawdown | 1.58 | |||
| Value At Risk | (0.63) | |||
| Potential Upside | 0.4538 |
Columbia Total Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Columbia Total's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Columbia Total's standard deviation. In reality, there are many statistical measures that can use Columbia Total historical prices to predict the future Columbia Total's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | 0.6155 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Columbia Total'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 Total Return Backtested Returns
Columbia Total Return secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the fund had a -0.13% return per unit of risk over the last 3 months. Columbia Total Return exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Columbia Total's Mean Deviation of 0.2333, risk adjusted performance of (0.09), and Standard Deviation of 0.3151 to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of -0.0688, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Columbia Total are expected to decrease at a much lower rate. During the bear market, Columbia Total is likely to outperform the market.
Auto-correlation | 0.77 |
Good predictability
Columbia Total Return has good predictability. Overlapping area represents the amount of predictability between Columbia Total time series from 2nd of August 2023 to 29th of March 2024 and 29th of March 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 Total Return price movement. The serial correlation of 0.77 indicates that around 77.0% of current Columbia Total price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.77 | |
| Spearman Rank Test | 0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 0.77 |
Columbia Total Return lagged returns against current returns
Autocorrelation, which is Columbia Total 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 Total's mutual fund expected returns. We can calculate the autocorrelation of Columbia Total returns to help us make a trade decision. For example, suppose you find that Columbia Total 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 Total 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 Total mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Columbia Total 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 Total mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Columbia Total Lagged Returns
When evaluating Columbia Total's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Columbia Total mutual fund have on its future price. Columbia Total 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 Total autocorrelation shows the relationship between Columbia Total mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Columbia Total Return.
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 Total 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 Total security.
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |