Columbia Convertible Securities Fund Buy Hold or Sell Recommendation
| NCIDX Fund | 21.79 0.02 0.09% |
Assuming the 90 days horizon and your complete indifference towards market risk, our recommendation regarding Columbia Convertible Securities is 'Strong Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Columbia Convertible Securities given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Columbia Convertible Securities, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in unemployment. Note, we conduct extensive research on individual funds such as Columbia and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Columbia Convertible Securities. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Columbia |
Execute Columbia Convertible Buy or Sell Advice
The Columbia recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Columbia Convertible Securities. Macroaxis does not own or have any residual interests in Columbia Convertible Securities or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Columbia Convertible's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Economic Sensitivity | Barely shadows the market | Details |
Columbia Convertible Trading Alerts and Improvement Suggestions
| Columbia Convertible generated a negative expected return over the last 90 days |
Columbia Convertible Returns Distribution Density
The distribution of Columbia Convertible's historical returns is an attempt to chart the uncertainty of Columbia Convertible's future price movements. The chart of the probability distribution of Columbia Convertible daily returns describes the distribution of returns around its average expected value. We use Columbia Convertible Securities price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Columbia Convertible returns is essential to provide solid investment advice for Columbia Convertible.
| Mean Return | -0.27 | Value At Risk | -2.23 | Potential Upside | 0.64 | Standard Deviation | 0.69 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Columbia Convertible historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Columbia Convertible Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Columbia Convertible or Convertibles Funds sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Columbia Convertible's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Columbia fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.28 | |
β | Beta against Dow Jones | 0.03 | |
σ | Overall volatility | 0.67 | |
Ir | Information ratio | -0.4 |
Columbia Convertible Volatility Alert
Columbia Convertible Securities exhibits very low volatility with skewness of -1.28 and kurtosis of 3.13. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Columbia Convertible's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Columbia Convertible's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Columbia Convertible Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Columbia . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 21.79 | |||
| Day Typical Price | 21.79 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.02) |
Use Investing Ideas to Build Portfolios
In addition to having Columbia Convertible in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Technology companies, funds, and ETFs across multiple industries that are involved in research or development in the field of reasoning, learning, natural language processing and perception as well as its application to science and commerce. This theme may also include entities involved in cybernetics and cognitive brain simulation field. The Artificial Intelligence theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Artificial Intelligence Theme or any other thematic opportunities.
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