Columbia Convertible Financials
| PHIKX Fund | USD 22.57 0.03 0.13% |
Columbia |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Columbia Convertible Fund Summary
Columbia Convertible competes with Commonwealth Real, Fidelity Real, Guggenheim Risk, Us Real, and Columbia Real. Under normal circumstances, the fund invests at least 80 percent of its net assets in convertible securities. It may invest up to 15 percent of its total assets in Eurodollar convertible securities and up to an additional 20 percent of its total assets in foreign securities. Most convertible securities are not investment grade-rated. The fund also may invest directly in equity securities.Specialization | Convertibles, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Columbia Funds Series |
| Mutual Fund Family | Columbia Threadneedle |
| Mutual Fund Category | Convertibles |
| Benchmark | Dow Jones Industrial |
| Phone | 800 345 6611 |
| Currency | USD - US Dollar |
Columbia Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Columbia Convertible's current stock value. Our valuation model uses many indicators to compare Columbia Convertible value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Columbia Convertible competition to find correlations between indicators driving Columbia Convertible's intrinsic value. More Info.Columbia Vertible Securities is rated top fund in price to earning among similar funds. It also is rated top fund in price to book among similar funds fabricating about 2.37 of Price To Book per Price To Earning. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Columbia Convertible's earnings, one of the primary drivers of an investment's value.Columbia Convertible Systematic Risk
Columbia Convertible's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Columbia Convertible volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Columbia Convertible correlated with the market. If Beta is less than 0 Columbia Convertible generally moves in the opposite direction as compared to the market. If Columbia Convertible Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Columbia Convertible is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Columbia Convertible is generally in the same direction as the market. If Beta > 1 Columbia Convertible moves generally in the same direction as, but more than the movement of the benchmark.
Columbia Convertible December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Columbia Convertible help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Columbia Vertible Securities. We use our internally-developed statistical techniques to arrive at the intrinsic value of Columbia Vertible Securities based on widely used predictive technical indicators. In general, we focus on analyzing Columbia Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Columbia Convertible's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.5013 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 1.78 | |||
| Value At Risk | (0.68) | |||
| Potential Upside | 0.8586 |
Other Information on Investing in Columbia Mutual Fund
Columbia Convertible 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 Convertible security.
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