Columbia Sustainable Financial Statements From 2010 to 2025
| ESGNDelisted Etf | USD 29.46 0.62 2.15% |
Check Columbia Sustainable financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Columbia Sustainable's main balance sheet or income statement drivers, such as , as well as many indicators such as . Columbia financial statements analysis is a perfect complement when working with Columbia Sustainable Valuation or Volatility modules.
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Columbia Sustainable International ETF Beta Analysis
Columbia Sustainable's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Columbia Sustainable Beta | 0.9 |
Most of Columbia Sustainable's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Columbia Sustainable International is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
CompetitionIn accordance with the recently published financial statements, Columbia Sustainable International has a Beta of 0.9. This is much higher than that of the Columbia Threadneedle family and significantly higher than that of the Foreign Large Value category. The beta for all United States etfs is notably lower than that of the firm.
About Columbia Sustainable Financial Statements
Columbia Sustainable investors utilize fundamental indicators, such as revenue or net income, to predict how Columbia Etf might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
The fund invests at least 80 percent of its assets in the component securities of the index and depositary receipts representing such securities. Columbia Sustainable is traded on NYSEARCA Exchange in the United States.
Pair Trading with Columbia Sustainable
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Columbia Sustainable position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Columbia Sustainable will appreciate offsetting losses from the drop in the long position's value.Moving against Columbia Etf
| 0.52 | BND | Vanguard Total Bond | PairCorr |
| 0.48 | VO | Vanguard Mid Cap | PairCorr |
| 0.48 | IEDI | iShares Evolved Disc | PairCorr |
| 0.47 | RODM | Hartford Multifactor | PairCorr |
| 0.44 | VB | Vanguard Small Cap | PairCorr |
The ability to find closely correlated positions to Columbia Sustainable could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Columbia Sustainable when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Columbia Sustainable - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Columbia Sustainable International to buy it.
The correlation of Columbia Sustainable 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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Columbia Sustainable moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Columbia Sustainable moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Columbia Sustainable can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Other Consideration for investing in Columbia Etf
If you are still planning to invest in Columbia Sustainable check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Columbia Sustainable's history and understand the potential risks before investing.
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