Columbia Amt Free Massachusetts Fund Market Value
| LMIAX Fund | USD 9.74 0.01 0.10% |
| Symbol | Columbia |
Columbia Amt '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 Amt'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 Amt.
| 09/12/2024 |
| 12/11/2024 |
If you would invest 0.00 in Columbia Amt on September 12, 2024 and sell it all today you would earn a total of 0.00 from holding Columbia Amt Free Massachusetts or generate 0.0% return on investment in Columbia Amt over 90 days. Columbia Amt is related to or competes with Hennessy, Gmo Resources, Oil Gas, and Calvert Global. The fund invests at least 80 percent of its net assets in municipal securities that pay interest exempt from U.S More
Columbia Amt 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 Amt'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 Amt Free Massachusetts upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2813 | |||
| Information Ratio | (0.80) | |||
| Maximum Drawdown | 0.829 | |||
| Value At Risk | (0.21) | |||
| Potential Upside | 0.2077 |
Columbia Amt Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Columbia Amt's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Columbia Amt's standard deviation. In reality, there are many statistical measures that can use Columbia Amt historical prices to predict the future Columbia Amt's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.0001) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.43) | |||
| Treynor Ratio | 0.117 |
Columbia Amt Free Backtested Returns
At this stage we consider Columbia Mutual Fund to be very steady. Columbia Amt Free secures Sharpe Ratio (or Efficiency) of 0.0113, which signifies that the fund had a 0.0113% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Columbia Amt Free Massachusetts, which you can use to evaluate the volatility of the entity. Please confirm Columbia Amt's Mean Deviation of 0.0888, risk adjusted performance of (0.02), and Downside Deviation of 0.2813 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 -0.0579, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Columbia Amt are expected to decrease at a much lower rate. During the bear market, Columbia Amt is likely to outperform the market.
Auto-correlation | -0.68 |
Very good reverse predictability
Columbia Amt Free Massachusetts has very good reverse predictability. Overlapping area represents the amount of predictability between Columbia Amt time series from 12th of September 2024 to 27th of October 2024 and 27th of October 2024 to 11th 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 Amt Free price movement. The serial correlation of -0.68 indicates that around 68.0% of current Columbia Amt price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.68 | |
| Spearman Rank Test | -0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Columbia Amt Free lagged returns against current returns
Autocorrelation, which is Columbia Amt 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 Amt's mutual fund expected returns. We can calculate the autocorrelation of Columbia Amt returns to help us make a trade decision. For example, suppose you find that Columbia Amt 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 Amt 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 Amt mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Columbia Amt 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 Amt mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Columbia Amt Lagged Returns
When evaluating Columbia Amt's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Columbia Amt mutual fund have on its future price. Columbia Amt 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 Amt autocorrelation shows the relationship between Columbia Amt mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Columbia Amt Free Massachusetts.
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 Amt 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 Amt security.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. |