Columbia Convertible Securities Fund Manager Performance Evaluation
| NCIDX Fund | 21.23 0.07 0.33% |
The fund shows a Beta (market volatility) of -0.0377, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Columbia Convertible are expected to decrease at a much lower rate. During the bear market, Columbia Convertible is likely to outperform the market.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Columbia Convertible Securities has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong fundamental indicators, Columbia Convertible is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...moreColumbia |
Columbia Convertible Relative Risk vs. Return Landscape
If you would invest 2,247 in Columbia Convertible Securities on December 13, 2024 and sell it today you would lose (124.00) from holding Columbia Convertible Securities or give up 5.52% of portfolio value over 90 days. Columbia Convertible Securities is currently producing negative expected returns and takes up 0.7223% volatility of returns over 90 trading days. Put another way, 6% of traded mutual funds are less volatile than Columbia, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Columbia Convertible Current Valuation
Fairly Valued
Today
Please note that Columbia Convertible's price fluctuation is very steady at this time. Columbia Convertible shows a prevailing Real Value of USD21.4 per share. The current price of the fund is USD21.23. Our model approximates the value of Columbia Convertible from analyzing the entity technical indicators and probability of bankruptcy. In general, investors favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will blend.
Since Columbia Convertible is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Columbia Mutual Fund. However, Columbia Convertible's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 21.23 | Real 21.4 | Hype 21.23 |
The intrinsic value of Columbia Convertible's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Columbia Convertible's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Columbia Convertible Securities helps investors to forecast how Columbia mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Columbia Convertible more accurately as focusing exclusively on Columbia Convertible's fundamentals will not take into account other important factors: Columbia Convertible Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Columbia Convertible's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Columbia Convertible Securities, and traders can use it to determine the average amount a Columbia Convertible's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1296
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NCIDX |
Estimated Market Risk
| 0.72 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Columbia Convertible 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 Convertible by adding Columbia Convertible to a well-diversified portfolio.
About Columbia Convertible Performance
Evaluating Columbia Convertible's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Columbia Convertible has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Columbia Convertible has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
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.Things to note about Columbia Convertible performance evaluation
Checking the ongoing alerts about Columbia Convertible for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Columbia Convertible help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Columbia Convertible generated a negative expected return over the last 90 days |
- Analyzing Columbia Convertible's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Columbia Convertible's stock is overvalued or undervalued compared to its peers.
- Examining Columbia Convertible's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Columbia Convertible's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Columbia Convertible's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Columbia Convertible's mutual fund. These opinions can provide insight into Columbia Convertible's potential for growth and whether the stock is currently undervalued or overvalued.
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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