Columbia Conservative E Fund Market Value
| CNTEX Fund | USD 20.16 0.05 0.25% |
| Symbol | Columbia |
Please note, there is a significant difference between Columbia Conservative's value and its price as these two are different measures arrived at by different means. Investors typically determine if Columbia Conservative is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbia Conservative'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 Conservative '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 Conservative'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 Conservative.
| 09/16/2024 |
| 12/15/2024 |
If you would invest 0.00 in Columbia Conservative on September 16, 2024 and sell it all today you would earn a total of 0.00 from holding Columbia Conservative E or generate 0.0% return on investment in Columbia Conservative over 90 days. Columbia Conservative is related to or competes with Investec Emerging, Aqr Long, T Rowe, Kinetics Market, Sp Midcap, Artisan Emerging, and Barings Emerging. Columbia Conservative is entity of United States More
Columbia Conservative 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 Conservative'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 Conservative E upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1806 | |||
| Information Ratio | (0.53) | |||
| Maximum Drawdown | 0.8966 | |||
| Value At Risk | (0.25) | |||
| Potential Upside | 0.3486 |
Columbia Conservative Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Columbia Conservative's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Columbia Conservative's standard deviation. In reality, there are many statistical measures that can use Columbia Conservative historical prices to predict the future Columbia Conservative's volatility.| Risk Adjusted Performance | 0.0065 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.50) | |||
| Treynor Ratio | (0.03) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Columbia Conservative'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.
Columbia Conservative Backtested Returns
At this stage we consider Columbia Mutual Fund to be very steady. Columbia Conservative secures Sharpe Ratio (or Efficiency) of 0.0098, which signifies that the fund had a 0.0098% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Columbia Conservative E, which you can use to evaluate the volatility of the entity. Please confirm Columbia Conservative's Downside Deviation of 0.1806, risk adjusted performance of 0.0065, and Mean Deviation of 0.1132 to double-check if the risk estimate we provide is consistent with the expected return of 0.0017%. The fund shows a Beta (market volatility) of 0.0273, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Columbia Conservative's returns are expected to increase less than the market. However, during the bear market, the loss of holding Columbia Conservative is expected to be smaller as well.
Auto-correlation | -0.75 |
Almost perfect reverse predictability
Columbia Conservative E has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Columbia Conservative time series from 16th of September 2024 to 31st of October 2024 and 31st of October 2024 to 15th 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 Conservative price movement. The serial correlation of -0.75 indicates that around 75.0% of current Columbia Conservative price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.75 | |
| Spearman Rank Test | -0.9 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Columbia Conservative lagged returns against current returns
Autocorrelation, which is Columbia Conservative 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 Conservative's mutual fund expected returns. We can calculate the autocorrelation of Columbia Conservative returns to help us make a trade decision. For example, suppose you find that Columbia Conservative 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 Conservative 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 Conservative mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Columbia Conservative 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 Conservative mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Columbia Conservative Lagged Returns
When evaluating Columbia Conservative's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Columbia Conservative mutual fund have on its future price. Columbia Conservative 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 Conservative autocorrelation shows the relationship between Columbia Conservative mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Columbia Conservative E.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Conservative 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 Conservative security.
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