Columbia Emerging Markets Fund Market Value

CEBYX Fund  USD 9.66  0.02  0.21%   
Columbia Emerging's market value is the price at which a share of Columbia Emerging trades on a public exchange. It measures the collective expectations of Columbia Emerging Markets investors about its performance. Columbia Emerging is trading at 9.66 as of the 5th of December 2024; that is 0.21% up since the beginning of the trading day. The fund's open price was 9.64.
With this module, you can estimate the performance of a buy and hold strategy of Columbia Emerging Markets and determine expected loss or profit from investing in Columbia Emerging over a given investment horizon. Check out Columbia Emerging Correlation, Columbia Emerging Volatility and Columbia Emerging Alpha and Beta module to complement your research on Columbia Emerging.
Symbol

Please note, there is a significant difference between Columbia Emerging's value and its price as these two are different measures arrived at by different means. Investors typically determine if Columbia Emerging is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbia Emerging'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 Emerging '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 Emerging'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 Emerging.
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 Emerging on November 11, 2023 and sell it all today you would earn a total of 0.00 from holding Columbia Emerging Markets or generate 0.0% return on investment in Columbia Emerging over 390 days. Columbia Emerging is related to or competes with T Rowe, T Rowe, Franklin Lifesmart, Virtus Dfa, Franklin Lifesmart, and T Rowe. The fund invests primarily in fixed income securities of emerging markets issuers More

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

Columbia Emerging Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Columbia Emerging's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Columbia Emerging's standard deviation. In reality, there are many statistical measures that can use Columbia Emerging historical prices to predict the future Columbia Emerging'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 Emerging'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
9.389.669.94
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Intrinsic
Valuation
LowRealHigh
9.389.669.94
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Columbia Emerging Markets Backtested Returns

At this stage we consider Columbia Mutual Fund to be very steady. Columbia Emerging Markets secures Sharpe Ratio (or Efficiency) of 0.0365, which signifies that the fund had a 0.0365% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Columbia Emerging Markets, which you can use to evaluate the volatility of the entity. Please confirm Columbia Emerging's Mean Deviation of 0.2099, downside deviation of 0.2854, and Risk Adjusted Performance of 0.0264 to double-check if the risk estimate we provide is consistent with the expected return of 0.0103%. The fund shows a Beta (market volatility) of 0.0319, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Columbia Emerging's returns are expected to increase less than the market. However, during the bear market, the loss of holding Columbia Emerging is expected to be smaller as well.

Auto-correlation

    
  0.79  

Good predictability

Columbia Emerging Markets has good predictability. Overlapping area represents the amount of predictability between Columbia Emerging 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 Emerging Markets price movement. The serial correlation of 0.79 indicates that around 79.0% of current Columbia Emerging price fluctuation can be explain by its past prices.
Correlation Coefficient0.79
Spearman Rank Test0.7
Residual Average0.0
Price Variance0.04

Columbia Emerging Markets lagged returns against current returns

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

Columbia Emerging Lagged Returns

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

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Other Information on Investing in Columbia Mutual Fund

Columbia Emerging 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 Emerging security.
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