Columbia Minnesota Tax Exempt Fund Manager Performance Evaluation
| CLONX Fund | USD 19.78 0.01 0.05% |
The fund shows a Beta (market volatility) of 0.0544, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Columbia Minnesota's returns are expected to increase less than the market. However, during the bear market, the loss of holding Columbia Minnesota is expected to be smaller as well.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Columbia Minnesota Tax Exempt are ranked lower than 3 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Columbia Minnesota is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 0.5500 |
Columbia |
Columbia Minnesota Relative Risk vs. Return Landscape
If you would invest 1,962 in Columbia Minnesota Tax Exempt on August 28, 2024 and sell it today you would earn a total of 16.00 from holding Columbia Minnesota Tax Exempt or generate 0.82% return on investment over 90 days. Columbia Minnesota Tax Exempt is currently producing 0.0133% returns and takes up 0.2965% volatility of returns over 90 trading days. Put another way, 2% of traded mutual funds are less volatile than Columbia, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Columbia Minnesota Current Valuation
Fairly Valued
Today
Please note that Columbia Minnesota's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Columbia Minnesota Tax shows a prevailing Real Value of $19.77 per share. The current price of the fund is $19.78. We determine the value of Columbia Minnesota Tax from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will blend.
Since Columbia Minnesota is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Columbia Mutual Fund. However, Columbia Minnesota's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 19.78 | Real 19.77 | Hype 19.78 |
The intrinsic value of Columbia Minnesota's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Columbia Minnesota's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Columbia Minnesota Tax Exempt helps investors to forecast how Columbia mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Columbia Minnesota more accurately as focusing exclusively on Columbia Minnesota's fundamentals will not take into account other important factors: Columbia Minnesota Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Columbia Minnesota's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Columbia Minnesota Tax Exempt, and traders can use it to determine the average amount a Columbia Minnesota's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0449
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CLONX |
Estimated Market Risk
| 0.3 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Columbia Minnesota is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Columbia Minnesota by adding it to a well-diversified portfolio.
Columbia Minnesota Fundamentals Growth
Columbia Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Columbia Minnesota, and Columbia Minnesota fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Columbia Mutual Fund performance.
| Total Asset | 803.19 M | ||||
About Columbia Minnesota Performance
Evaluating Columbia Minnesota's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Columbia Minnesota has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Columbia Minnesota has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Under normal market circumstances, the fund invests at least 80 percent of its net assets in municipal obligations that are generally exempt from U.S. federal income tax as well as from Minnesota State and local income tax. It may invest in debt instruments of any maturity and does not seek to maintain a particular dollar-weighted average maturity. The fund is non-diversified.Things to note about Columbia Minnesota Tax performance evaluation
Checking the ongoing alerts about Columbia Minnesota for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Columbia Minnesota Tax help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund generated three year return of -1.0% | |
| Columbia Minnesota Tax holds about 99.96% of its assets under management (AUM) in fixed income securities |
- Analyzing Columbia Minnesota's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Columbia Minnesota's stock is overvalued or undervalued compared to its peers.
- Examining Columbia Minnesota's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Columbia Minnesota's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Columbia Minnesota's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Columbia Minnesota's mutual fund. These opinions can provide insight into Columbia Minnesota's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Columbia Mutual Fund
Columbia Minnesota 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 Minnesota security.
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets |