Columbia Diversified Equity Fund Market Value

CDEYX Fund  USD 18.66  0.03  0.16%   
Columbia Diversified's market value is the price at which a share of Columbia Diversified trades on a public exchange. It measures the collective expectations of Columbia Diversified Equity investors about its performance. Columbia Diversified is trading at 18.66 as of the 5th of December 2024; that is 0.16% down since the beginning of the trading day. The fund's open price was 18.69.
With this module, you can estimate the performance of a buy and hold strategy of Columbia Diversified Equity and determine expected loss or profit from investing in Columbia Diversified over a given investment horizon. Check out Columbia Diversified Correlation, Columbia Diversified Volatility and Columbia Diversified Alpha and Beta module to complement your research on Columbia Diversified.
Symbol

Please note, there is a significant difference between Columbia Diversified's value and its price as these two are different measures arrived at by different means. Investors typically determine if Columbia Diversified is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbia Diversified'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 Diversified '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 Diversified'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 Diversified.
0.00
11/11/2023
No Change 0.00  0.0 
In 1 year and 25 days
12/05/2024
0.00
If you would invest  0.00  in Columbia Diversified on November 11, 2023 and sell it all today you would earn a total of 0.00 from holding Columbia Diversified Equity or generate 0.0% return on investment in Columbia Diversified over 390 days. Columbia Diversified is related to or competes with Federated Mdt, and Calvert Us. The funds assets primarily are invested in equity securities More

Columbia Diversified 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 Diversified'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 Diversified Equity upside and downside potential and time the market with a certain degree of confidence.

Columbia Diversified Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Columbia Diversified's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Columbia Diversified's standard deviation. In reality, there are many statistical measures that can use Columbia Diversified historical prices to predict the future Columbia Diversified's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Columbia Diversified's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
18.0418.6619.28
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Intrinsic
Valuation
LowRealHigh
17.9018.5219.14
Details

Columbia Diversified Backtested Returns

At this stage we consider Columbia Mutual Fund to be very steady. Columbia Diversified secures Sharpe Ratio (or Efficiency) of 0.2, which signifies that the fund had a 0.2% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Columbia Diversified Equity, which you can use to evaluate the volatility of the entity. Please confirm Columbia Diversified's Risk Adjusted Performance of 0.1036, mean deviation of 0.4969, and Downside Deviation of 0.5187 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%. The fund shows a Beta (market volatility) of 0.77, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Columbia Diversified's returns are expected to increase less than the market. However, during the bear market, the loss of holding Columbia Diversified is expected to be smaller as well.

Auto-correlation

    
  0.90  

Excellent predictability

Columbia Diversified Equity has excellent predictability. Overlapping area represents the amount of predictability between Columbia Diversified time series from 11th of November 2023 to 24th of May 2024 and 24th of May 2024 to 5th of December 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 Diversified price movement. The serial correlation of 0.9 indicates that approximately 90.0% of current Columbia Diversified price fluctuation can be explain by its past prices.
Correlation Coefficient0.9
Spearman Rank Test0.91
Residual Average0.0
Price Variance0.44

Columbia Diversified lagged returns against current returns

Autocorrelation, which is Columbia Diversified 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 Diversified's mutual fund expected returns. We can calculate the autocorrelation of Columbia Diversified returns to help us make a trade decision. For example, suppose you find that Columbia Diversified 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 Diversified 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 Diversified mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Columbia Diversified 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 Diversified mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Columbia Diversified Lagged Returns

When evaluating Columbia Diversified's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Columbia Diversified mutual fund have on its future price. Columbia Diversified 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 Diversified autocorrelation shows the relationship between Columbia Diversified mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Columbia Diversified Equity.
   Regressed Prices   
       Timeline  

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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 Diversified 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 Diversified security.
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