Columbia Porate Income Fund Market Value
| LIIAX Fund | USD 9.20 0.09 0.99% |
| Symbol | Columbia |
Columbia Porate '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 Porate'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 Porate.
| 01/31/2024 |
| 11/26/2024 |
If you would invest 0.00 in Columbia Porate on January 31, 2024 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 Porate over 300 days. Columbia Porate is related to or competes with Qs Growth, Ab Value, Archer Balanced, Small Cap, Ips Strategic, and Eic Value. The fund invests at least 80 percent of its net assets in debt securities issued by corporate and other non-governmental... More
Columbia Porate 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 Porate'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.
| Information Ratio | (0.42) | |||
| Maximum Drawdown | 1.42 | |||
| Value At Risk | (0.55) | |||
| Potential Upside | 0.4391 |
Columbia Porate Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Columbia Porate's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Columbia Porate's standard deviation. In reality, there are many statistical measures that can use Columbia Porate historical prices to predict the future Columbia Porate's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (0.19) |
Columbia Porate Income Backtested Returns
Columbia Porate Income secures Sharpe Ratio (or Efficiency) of -0.004, which signifies that the fund had a -0.004% return per unit of risk over the last 3 months. Columbia Porate Income exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Columbia Porate's Risk Adjusted Performance of (0.02), standard deviation of 0.3074, and Mean Deviation of 0.2188 to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.0582, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Columbia Porate's returns are expected to increase less than the market. However, during the bear market, the loss of holding Columbia Porate is expected to be smaller as well.
Auto-correlation | -0.38 |
Poor reverse predictability
Columbia Porate Income has poor reverse predictability. Overlapping area represents the amount of predictability between Columbia Porate time series from 31st of January 2024 to 29th of June 2024 and 29th of June 2024 to 26th 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 Porate Income price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Columbia Porate price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Columbia Porate Income lagged returns against current returns
Autocorrelation, which is Columbia Porate 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 Porate's mutual fund expected returns. We can calculate the autocorrelation of Columbia Porate returns to help us make a trade decision. For example, suppose you find that Columbia Porate 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 Porate 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 Porate mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Columbia Porate 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 Porate mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Columbia Porate Lagged Returns
When evaluating Columbia Porate's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Columbia Porate mutual fund have on its future price. Columbia Porate 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 Porate autocorrelation shows the relationship between Columbia Porate 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 Porate 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 Porate security.
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