Columbia Multi Beta vs. Three Year Return
| MUST Etf | USD 20.87 0.11 0.53% |
For Columbia Multi profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Columbia Multi to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Columbia Multi Sector Municipal utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Columbia Multi's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Columbia Multi Sector Municipal over time as well as its relative position and ranking within its peers.
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The market value of Columbia Multi Sector is measured differently than its book value, which is the value of Columbia that is recorded on the company's balance sheet. Investors also form their own opinion of Columbia Multi's value that differs from its market value or its book value, called intrinsic value, which is Columbia Multi's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Columbia Multi's market value can be influenced by many factors that don't directly affect Columbia Multi's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Columbia Multi's value and its price as these two are different measures arrived at by different means. Investors typically determine if Columbia Multi is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbia Multi's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Columbia Multi Sector Three Year Return vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Columbia Multi's current stock value. Our valuation model uses many indicators to compare Columbia Multi value to that of its competitors to determine the firm's financial worth. Columbia Multi Sector Municipal is rated number one ETF in beta as compared to similar ETFs. It is currently under evaluation in three year return as compared to similar ETFs . Comparative valuation analysis is a catch-all technique that is used if you cannot value Columbia Multi by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Columbia Three Year Return vs. Beta
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
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| = | 1.0 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
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| = | 0.00 % |
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
Columbia Three Year Return Comparison
Columbia Multi is currently under evaluation in three year return as compared to similar ETFs.
Beta Analysis
Columbia Multi returns are very sensitive to returns on the market. As the market goes up or down, Columbia Multi is expected to follow.
Columbia Multi Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Columbia Multi, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Columbia Multi will eventually generate negative long term returns. The profitability progress is the general direction of Columbia Multi's change in net profit over the period of time. It can combine multiple indicators of Columbia Multi, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund will invest at least 80 percent of its assets in securities within the index. Columbia Multi is traded on NYSEARCA Exchange in the United States.
Columbia Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Columbia Multi. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Columbia Multi position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Columbia Multi's important profitability drivers and their relationship over time.
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| Last Dividend Paid vs Three Year Return |
Use Columbia Multi in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Columbia Multi position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Columbia Multi will appreciate offsetting losses from the drop in the long position's value.Columbia Multi Pair Trading
Columbia Multi Sector Municipal Pair Trading Analysis
The ability to find closely correlated positions to Columbia Multi could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Columbia Multi when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Columbia Multi - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Columbia Multi Sector Municipal to buy it.
The correlation of Columbia Multi is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Columbia Multi moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Columbia Multi Sector moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Columbia Multi can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Columbia Multi position
In addition to having Columbia Multi in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Cannabis
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Check out Correlation Analysis. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
To fully project Columbia Multi's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Columbia Multi Sector at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Columbia Multi's income statement, its balance sheet, and the statement of cash flows.