Columbia Disciplined Correlations
| COLEXDelisted Fund | USD 10.14 0.00 0.00% |
The correlation of Columbia Disciplined 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 Disciplined Correlation With Market
Good diversification
The correlation between Columbia Disciplined Value and DJI is -0.1 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Columbia Disciplined Value and DJI in the same portfolio, assuming nothing else is changed.
Columbia |
Moving together with Columbia Mutual Fund
| 0.62 | INPIX | Internet Ultrasector | PairCorr |
| 0.62 | INPSX | Internet Ultrasector | PairCorr |
| 0.68 | CSCO | Cisco Systems | PairCorr |
| 0.61 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.71 | DIS | Walt Disney | PairCorr |
| 0.75 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
Moving against Columbia Mutual Fund
| 0.48 | AFMFX | American Mutual | PairCorr |
| 0.48 | AMRMX | American Mutual | PairCorr |
| 0.48 | AMFFX | American Mutual | PairCorr |
| 0.48 | AMFCX | American Mutual | PairCorr |
| 0.47 | FFMMX | American Funds American | PairCorr |
| 0.47 | FFFMX | American Funds American | PairCorr |
| 0.47 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.45 | BIPIX | Biotechnology Ultrasector | PairCorr |
| 0.83 | DD | Dupont De Nemours Fiscal Year End 4th of February 2025 | PairCorr |
| 0.77 | KO | Coca Cola Fiscal Year End 11th of February 2025 | PairCorr |
| 0.74 | XOM | Exxon Mobil Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.67 | MCD | McDonalds Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.64 | HPQ | HP Inc | PairCorr |
| 0.63 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.59 | VZ | Verizon Communications Fiscal Year End 28th of January 2025 | PairCorr |
| 0.55 | PFE | Pfizer Inc Aggressive Push | PairCorr |
| 0.55 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
Related Correlations Analysis
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ICAXX | ||
| 0.0 | 0.25 | 0.0 | 0.0 | 0.0 | DVPXX | ||
| 0.0 | 0.25 | 0.0 | 0.0 | 0.0 | SWGXX | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | PBMXX | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ELMXX | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | IVMXX | ||
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Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Columbia Mutual Fund performing well and Columbia Disciplined 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 Disciplined'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ICAXX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| DVPXX | 0.03 | 0.01 | 0.00 | 0.31 | 0.00 | 0.00 | 1.01 | |||
| SWGXX | 0.03 | 0.01 | 0.00 | 0.17 | 0.00 | 0.00 | 1.01 | |||
| PBMXX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ELMXX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| IVMXX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Columbia Disciplined 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 Disciplined mutual fund to make a market-neutral strategy. Peer analysis of Columbia Disciplined could also be used in its relative valuation, which is a method of valuing Columbia Disciplined by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Still Interested in Columbia Disciplined Value?
Investing in delisted funds can be risky, as the mutual fund is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.