Columbia Adaptive Correlations
| CARUXDelisted Fund | USD 8.41 0.00 0.00% |
The current 90-days correlation between Columbia Adaptive and Vy Columbia Small is -0.03 (i.e., Good diversification). The correlation of Columbia Adaptive is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.
Columbia Adaptive Correlation With Market
Significant diversification
The correlation between Columbia Adaptive Retirement and DJI is 0.01 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Columbia Adaptive Retirement and DJI in the same portfolio, assuming nothing else is changed.
Columbia |
Moving together with Columbia Mutual Fund
| 0.72 | KMKCX | Kinetics Market Oppo | PairCorr |
| 0.7 | KNPCX | Kinetics Paradigm | PairCorr |
| 0.68 | LSHCX | Horizon Spin Off Downward Rally | PairCorr |
| 0.7 | KNPYX | Kinetics Paradigm | PairCorr |
| 0.72 | KNPAX | Kinetics Paradigm | PairCorr |
| 0.71 | LSHUX | Horizon Spin Off Downward Rally | PairCorr |
| 0.67 | LETRX | Voya Russia Fund | PairCorr |
| 0.7 | WWNPX | Kinetics Paradigm | PairCorr |
| 0.74 | KMKAX | Kinetics Market Oppo | PairCorr |
| 0.72 | ELFNX | Elfun Trusts Elfun | PairCorr |
| 0.75 | DIS | Walt Disney Sell-off Trend | PairCorr |
| 0.72 | CSCO | Cisco Systems | PairCorr |
| 0.69 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.74 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
| 0.82 | WMT | Walmart | PairCorr |
Moving against Columbia Mutual Fund
| 0.84 | KO | Coca Cola Fiscal Year End 11th of February 2025 | PairCorr |
| 0.8 | PFE | Pfizer Inc Fiscal Year End 4th of February 2025 | PairCorr |
| 0.72 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.55 | GE | GE Aerospace Fiscal Year End 28th of January 2025 | PairCorr |
| 0.44 | MMM | 3M Company Fiscal Year End 28th of January 2025 | PairCorr |
| 0.36 | DD | Dupont De Nemours Sell-off Trend | PairCorr |
Related Correlations Analysis
| 1.0 | 0.98 | 0.95 | 0.94 | 0.93 | 0.36 | VYRDX | ||
| 1.0 | 0.97 | 0.95 | 0.92 | 0.92 | 0.33 | FRCSX | ||
| 0.98 | 0.97 | 0.96 | 0.88 | 0.93 | 0.3 | DFDSX | ||
| 0.95 | 0.95 | 0.96 | 0.89 | 0.98 | 0.37 | GMSMX | ||
| 0.94 | 0.92 | 0.88 | 0.89 | 0.86 | 0.47 | KSCYX | ||
| 0.93 | 0.92 | 0.93 | 0.98 | 0.86 | 0.41 | QUAZX | ||
| 0.36 | 0.33 | 0.3 | 0.37 | 0.47 | 0.41 | CCMSX | ||
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Risk-Adjusted Indicators
There is a big difference between Columbia Mutual Fund performing well and Columbia Adaptive 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 Adaptive'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 Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| VYRDX | 0.78 | 0.03 | 0.10 | 0.14 | 0.48 | 1.72 | 7.55 | |||
| FRCSX | 0.88 | 0.02 | 0.08 | 0.13 | 0.69 | 1.91 | 7.99 | |||
| DFDSX | 0.76 | 0.03 | 0.06 | 0.14 | 0.65 | 1.67 | 5.79 | |||
| GMSMX | 0.77 | 0.16 | 0.10 | 0.76 | 0.52 | 1.82 | 6.31 | |||
| KSCYX | 1.54 | 0.36 | 0.14 | 0.48 | 1.99 | 3.29 | 16.43 | |||
| QUAZX | 0.89 | 0.17 | 0.09 | 0.58 | 0.85 | 1.93 | 6.75 | |||
| CCMSX | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.14 |
Columbia Adaptive Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Columbia Adaptive mutual fund to make a market-neutral strategy. Peer analysis of Columbia Adaptive could also be used in its relative valuation, which is a method of valuing Columbia Adaptive by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Still Interested in Columbia Adaptive Retirement?
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