Columbia Floating Competition

Mutual Funds USA . 
Fund . Columbia Floating Rate
CFRZX Fund  USD 33.56  0.01  0.03%   
Columbia Floating Rate competes with Columbia Porate, Columbia Ultra, Columbia Treasury, Multi Manager, and Columbia Small; as well as few others. The fund is listed under Bank Loan category and is part of Columbia family. Analyzing Columbia Floating competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Columbia Floating to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Columbia Floating Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Columbia Floating competition on your existing holdings.
  
Specify up to 10 symbols:
Hype
Prediction
LowEstimatedHigh
33.4433.5633.68
Details
Intrinsic
Valuation
LowRealHigh
33.4133.5333.65
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Columbia Floating. Your research has to be compared to or analyzed against Columbia Floating's peers to derive any actionable benefits. When done correctly, Columbia Floating's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Columbia Floating Rate.

Columbia Floating Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Columbia Floating and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Columbia and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Columbia Floating Rate does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
CUTYX
+ 1.0
CUTRX
CDDRX
+ 1.0
CDDYX
CDIRX
+ 1.0
CDDYX
CDIRX
+ 1.0
CDDRX
CDEYX
+ 0.99
CDDYX
CDEYX
+ 0.99
CDDRX
  
High negative correlations   
CUTRX
- 0.75
CUSBX
CUTYX
- 0.74
CUSBX
CUSBX
- 0.5
SRINX
CDAZX
- 0.27
CUTRX
CUTYX
- 0.26
CDAZX
CUURX
- 0.26
CUTRX

Risk-Adjusted Indicators

There is a big difference between Columbia Mutual Fund performing well and Columbia Floating Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Columbia Floating's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
SRINX  0.25 (0.06) 0.00 (1.03) 0.00 
 0.00 
 0.44 
(0.65)
 1.65 
CUSBX  0.03  0.00  0.00  1.39  0.00 
 0.00 
 0.11 
 0.00 
 0.54 
CUTRX  0.23 (0.07) 0.00 (14.10) 0.00 
 0.00 
 0.30 
(0.61)
 1.43 
CDAZX  0.72 (0.05) 0.00 (0.03) 0.00 
 0.00 
 1.41 
(1.58)
 12.80 
CUURX  0.85 (0.03)(0.01) 0.01  1.11 
(0.93)
 2.02 
(1.42)
 9.29 
CUTYX  0.24 (0.07) 0.00 (6.38) 0.00 
 0.00 
 0.40 
(0.61)
 1.42 
CDDYX  0.51 (0.09) 0.00 (0.09) 0.00 
 0.00 
 0.91 
(0.85)
 6.96 
CDDRX  0.51 (0.09) 0.00 (0.09) 0.00 
 0.00 
 0.91 
(0.83)
 6.95 
CDEYX  0.60 (0.14) 0.00 (0.12) 0.00 
 0.00 
 1.00 
(0.78)
 10.34 
CDIRX  0.51 (0.09) 0.00 (0.09) 0.00 
 0.00 
 0.91 
(0.84)
 6.91 
All Fundamental Data

Columbia Floating Competitive Analysis

The better you understand Columbia Floating competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Columbia Floating's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Columbia Floating's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
CFRZX SRINX CUSBX CUTRX CDAZX CUURX CUTYX CDDYX CDDRX CDEYX
 0.03 
 33.56 
Columbia
 0.22 
 9.04 
Columbia
 0.00 
 9.26 
Columbia
 0.31 
 9.73 
Columbia
 0.54 
 7.44 
Multi
 1.11 
 53.86 
Columbia
 0.31 
 9.80 
Columbia
 0.89 
 34.16 
Columbia
 0.89 
 34.10 
Columbia
 0.79 
 16.67 
Columbia
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Not too volatile
Very steady
Very steady
Very steady
Very steady
Very steady
Market Performance
(90 Days Performance)
Solid
Very Weak
Good
Very Weak
Very Weak
Weak
Very Weak
Very Weak
Very Weak
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
Low
Low
Low
Low
Low
Low
Low
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Fairly Valued
Fairly Valued
Fairly Valued
Fairly Valued
Fairly Valued
Fairly Valued
Fairly Valued
Fairly Valued
Fairly Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Cautious Hold
Cautious Hold
Hold
Sell
Strong Hold
Strong Hold
Sell
Strong Hold
Strong Hold
Strong Hold
Net Asset
1.32 B
1.44 B
1.3 B
922.81 M
289.32 M
693.95 M
922.81 M
12.29 B
12.29 B
2.16 B
Minimum Initial Investment
N/A
N/A
N/A
N/A
100
N/A
N/A
1000 K
N/A
1000 K
Price To Book
3.96
512.82
N/A
N/A
N/A
1.17
N/A
2.55
2.82
1.92
Five Year Return
4.66
1.11
2.91
-0.79
7.45
10.98
-0.81
10.65
10.6
9.76
One Year Return
8.32
3.01
6.06
0.63
21.44
10.95
0.54
17.28
17.19
18.12
Last Dividend Paid
0.09
0.02
N/A
0.01
N/A
0.08
0.01
0.11
0.11
0.06
Price To Earning
8.83
N/A
N/A
N/A
N/A
17.73
N/A
16.98
17.13
17.25
Price To Sales
1.0
N/A
N/A
N/A
N/A
0.73
N/A
1.8
2.04
1.45
Cash Position Weight
2.42
3.85
2.94
0.31
37.25
2.16
0.25
1.85
2.87
1.11
Equity Positions Weight
0.6
N/A
N/A
N/A
62.34
97.84
N/A
98.15
97.13
97.46
Three Year Return
5.75
-1.47
4.24
-3.1
9.37
8.19
-3.12
8.11
8.05
8.14
Annual Yield
0.0842
0.0434
0.0017
0.0114
0.0109
0.0056
0.0014
0.0168
0.0165
0.0155
Year To Date Return
8.01
2.77
5.91
0.63
20.19
7.93
0.55
15.35
15.26
15.92
Bond Positions Weight
10.11
9.36
12.73
99.69
N/A
N/A
N/A
N/A
N/A
N/A
Ten Year Return
3.97
5.59
1.21
3.35
N/A
6.33
3.36
11.96
11.92
9.59
Daily Balance Of Power
(9,223,372,036,855)
9.2 T
0.0
(9,223,372,036,855)
9.2 T
9.2 T
(9,223,372,036,855)
9.2 T
9.2 T
9.2 T
Day Typical Price
33.56
9.04
9.26
9.73
7.44
53.86
9.8
34.16
34.1
16.67
Period Momentum Indicator
(0.01)
0.02
N/A
(0.03)
0.04
0.59
(0.03)
0.3
0.3
0.13
Rate Of Daily Change
1.0
1.0
1.0
1.0
1.01
1.01
1.0
1.01
1.01
1.01
Day Median Price
33.56
9.04
9.26
9.73
7.44
53.86
9.8
34.16
34.1
16.67
Price Action Indicator
(0.01)
0.01
N/A
(0.01)
0.02
0.29
(0.01)
0.15
0.15
0.065
Coefficient Of Variation
458.56
(727.85)
642.44
(511.45)
(8,594)
4262.25
(512.39)
(1,497)
(1,499)
(1,241)
Mean Deviation
0.0485
0.246
0.0311
0.2288
0.7157
0.8468
0.2365
0.5064
0.5069
0.6047
Jensen Alpha
0.0155
(0.06)
0.0015
(0.07)
(0.05)
(0.03)
(0.07)
(0.09)
(0.09)
(0.14)
Total Risk Alpha
0.0105
(0.07)
(0)
(0.08)
(0.09)
(0.03)
(0.08)
(0.10)
(0.10)
(0.16)
Sortino Ratio
(0.38)
N/A
N/A
N/A
N/A
(0.01)
N/A
N/A
N/A
N/A
Downside Variance
0.0025
N/A
N/A
N/A
N/A
1.34
N/A
N/A
N/A
N/A
Standard Deviation
0.1172
0.3324
0.074
0.3021
1.47
1.24
0.3081
0.8445
0.8416
1.19
Kurtosis
24.88
1.12
20.73
0.6764
33.67
4.74
0.5433
13.62
13.58
27.49
Potential Upside
0.0903
0.4405
0.108
0.3046
1.41
2.02
0.4032
0.9086
0.9104
1.0
Treynor Ratio
10.38
(1.03)
1.39
(14.10)
(0.03)
0.014
(6.38)
(0.09)
(0.09)
(0.12)
Maximum Drawdown
0.8459
1.65
0.5417
1.43
12.8
9.29
1.42
6.96
6.95
10.34
Variance
0.0137
0.1105
0.0055
0.0913
2.16
1.53
0.0949
0.7132
0.7083
1.41
Market Risk Adjusted Performance
10.39
(1.02)
1.4
(14.09)
(0.02)
0.024
(6.37)
(0.08)
(0.08)
(0.11)
Risk Adjusted Performance
0.1162
(0.12)
0.0265
(0.17)
(0)
0.0223
(0.17)
(0.05)
(0.05)
(0.06)
Skewness
4.78
0.3173
4.07
(0.09)
(4.86)
0.4823
(0.18)
(2.32)
(2.30)
(4.20)
Semi Deviation
0.0
N/A
N/A
N/A
N/A
1.11
N/A
N/A
N/A
N/A
Information Ratio
(0.16)
(0.27)
(0.45)
(0.34)
(0.04)
(0.01)
(0.34)
(0.12)
(0.12)
(0.12)
Value At Risk
(0.03)
(0.65)
N/A
(0.61)
(1.58)
(1.42)
(0.61)
(0.85)
(0.83)
(0.78)
Expected Short fall
(0.08)
N/A
N/A
N/A
N/A
(0.93)
N/A
N/A
N/A
N/A
Downside Deviation
0.0505
N/A
N/A
N/A
N/A
1.16
N/A
N/A
N/A
N/A
Semi Variance
(0.03)
N/A
N/A
N/A
N/A
1.23
N/A
N/A
N/A
N/A

Columbia Floating Competition Performance Charts

Five steps to successful analysis of Columbia Floating Competition

Columbia Floating's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Columbia Floating Rate in relation to its competition. Columbia Floating's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Columbia Floating in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Columbia Floating's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Columbia Floating Rate, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Columbia Floating position

In addition to having Columbia Floating 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 Large Value Funds Thematic Idea Now

Large Value Funds
Large Value Funds Theme
Funds or Etfs that invest in the undervalued stocks of large-sized companies. The Large Value Funds theme has 37 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 Large Value Funds Theme or any other thematic opportunities.
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Other Information on Investing in Columbia Mutual Fund

Columbia Floating 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 Floating security.
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