Columbia Tax Exempt Fund Price on November 19, 2024
| CADMX Fund | USD 11.98 0.05 0.42% |
Below is the normalized historical share price chart for Columbia Tax Exempt Fund extending back to December 12, 2013. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Columbia Tax stands at 11.98, as last reported on the 17th of December 2024, with the highest price reaching 11.98 and the lowest price hitting 11.98 during the day.
If you're considering investing in Columbia Mutual Fund, it is important to understand the factors that can impact its price. Columbia Tax Exempt secures Sharpe Ratio (or Efficiency) of -0.0262, which signifies that the fund had a -0.0262% return per unit of risk over the last 3 months. Columbia Tax Exempt Fund exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Columbia Tax's Mean Deviation of 0.2012, risk adjusted performance of (0.02), and Standard Deviation of 0.3252 to double-check the risk estimate we provide.
Columbia Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Columbia |
Sharpe Ratio = -0.0262
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| Negative Returns | CADMX |
Estimated Market Risk
| 0.33 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Columbia Tax is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Columbia Tax by adding Columbia Tax to a well-diversified portfolio.
Columbia Tax Valuation on November 19, 2024
It is possible to determine the worth of Columbia Tax on a given historical date. On November 19, 2024 Columbia was worth 12.01 at the beginning of the trading date compared to the closed value of 12.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Columbia Tax mutual fund. Still, in general, we apply an absolute valuation method to find Columbia Tax's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Columbia Tax where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Columbia Tax's related companies.
| Open | High | Low | Close | Volume | |
| 11.98 | 11.98 | 11.98 | 11.98 | 1.00 | |
11/19/2024 | 12.01 | 12.01 | 12.01 | 12.01 | 1.00 |
| 12.01 | 12.01 | 12.01 | 12.01 | 1.00 |
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Columbia Tax Trading Date Momentum on November 19, 2024
| On November 20 2024 Columbia Tax Exempt Fund was traded for 12.01 at the closing time. The highest daily price throughout the period was 12.01 and the lowest price was 12.01 . There was no trading activity during the period 1.0. Lack of trading volume on 11/20/2024 did not affect price variability. The overall trading delta to current closing price is 0.92% . |
Columbia Tax Exempt Fundamentals Correlations and Trends
By evaluating Columbia Tax's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Columbia Tax's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Columbia financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Columbia Tax Mutual Fund history
Columbia Tax investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Columbia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Columbia Tax Exempt will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Columbia Tax stock prices may prove useful in developing a viable investing in Columbia Tax
Under normal circumstances, the fund invests at least 80 percent of its total net assets in bonds that pay interest exempt from federal income tax . It invests at least 65 percent of its total assets in tax-exempt bonds that, at the time of purchase, are rated investment grade or are unrated but determined to be of comparable quality. The fund may invest in bonds of any maturity.
Columbia Tax Mutual Fund Technical Analysis
Columbia Tax technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Columbia Tax Period Price Range
Low | December 17, 2024
| High |
0.00 | 0.00 |
Columbia Tax Exempt Fund cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Columbia Tax December 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Columbia Tax mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Columbia Tax shares will generate the highest return on investment. By undertsting and applying Columbia Tax mutual fund market strength indicators, traders can identify Columbia Tax Exempt Fund entry and exit signals to maximize returns
Columbia Tax Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Columbia Tax's price direction in advance. Along with the technical and fundamental analysis of Columbia Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Columbia to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (0.15) |
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Other Information on Investing in Columbia Mutual Fund
Columbia Tax 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 Tax security.
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| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Fundamental Analysis View fundamental data based on most recent published financial statements |