Columbia Select Net Asset vs. Price To Book
| SSCVX Fund | USD 22.81 0.06 0.26% |
For Columbia Select profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Columbia Select to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Columbia Select Smaller Cap utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Columbia Select's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Columbia Select Smaller Cap over time as well as its relative position and ranking within its peers.
Columbia |
Columbia Select Smaller Price To Book vs. Net Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Columbia Select's current stock value. Our valuation model uses many indicators to compare Columbia Select value to that of its competitors to determine the firm's financial worth. Columbia Select Smaller Cap is rated top fund in net asset among similar funds. It also is rated top fund in price to book among similar funds . The ratio of Net Asset to Price To Book for Columbia Select Smaller Cap is about 306,750,000 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Columbia Select's earnings, one of the primary drivers of an investment's value.Columbia Price To Book vs. Net Asset
Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Columbia Select |
| = | 478.53 M |
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Columbia Select |
| = | 1.56 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Columbia Select Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Columbia Select, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Columbia Select will eventually generate negative long term returns. The profitability progress is the general direction of Columbia Select's change in net profit over the period of time. It can combine multiple indicators of Columbia Select, 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.
Under normal circumstances, the fund invests at least 80 percent of its net assets in equity securities of small capitalization issuers. These companies have market capitalizations in the range of companies in the Russell 2000 Value Index at the time of purchase.
Columbia Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Columbia Select. 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 Select 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 Select's important profitability drivers and their relationship over time.
Use Columbia Select 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 Select 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 Select will appreciate offsetting losses from the drop in the long position's value.Columbia Select Pair Trading
Columbia Select Smaller Cap Pair Trading Analysis
The ability to find closely correlated positions to Columbia Select 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 Select 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 Select - 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 Select Smaller Cap to buy it.
The correlation of Columbia Select 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 Select moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Columbia Select Smaller 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 Select 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 Select position
In addition to having Columbia Select 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?
Run Healthcare Thematic Idea Now
Healthcare
Companies that provide healthcare goods and services including hospitals, health maintenance organizations, HMOs, or medical aid manufacturers. The Healthcare theme has 20 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Healthcare Theme or any other thematic opportunities.
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Other Information on Investing in Columbia Mutual Fund
To fully project Columbia Select's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Columbia Select Smaller 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 Select's income statement, its balance sheet, and the statement of cash flows.
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