Columbia Etf Trust Etf Fundamentals
| CRED Etf | USD 24.19 0.01 0.04% |
Columbia ETF Trust fundamentals help investors to digest information that contributes to Columbia ETF's financial success or failures. It also enables traders to predict the movement of Columbia Etf. The fundamental analysis module provides a way to measure Columbia ETF's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Columbia ETF etf.
Columbia |
Columbia ETF Trust ETF One Year Return Analysis
Columbia ETF's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Columbia ETF One Year Return | 25.60 % |
Most of Columbia ETF's fundamental indicators, such as One Year Return, 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 ETF Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
| Competition |
Based on the recorded statements, Columbia ETF Trust has an One Year Return of 25.6%. This is much higher than that of the family and significantly higher than that of the Real Estate category. The one year return for all United States etfs is notably lower than that of the firm.
Columbia One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Columbia ETF's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Columbia ETF could also be used in its relative valuation, which is a method of valuing Columbia ETF by comparing valuation metrics of similar companies.Columbia ETF is currently under evaluation in one year return as compared to similar ETFs.
Fund Asset Allocation for Columbia ETF
The fund invests most of its asset under management in bonds or other fixed income securities. .Asset allocation divides Columbia ETF's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Columbia Fundamentals
| Return On Asset | 6.33 | |||
| Profit Margin | 18.87 % | |||
| Operating Margin | 32.71 % | |||
| Current Valuation | 148.84 M | |||
| Shares Outstanding | 10.04 M | |||
| Shares Owned By Insiders | 11.64 % | |||
| Shares Owned By Institutions | 35.10 % | |||
| Number Of Shares Shorted | 307.59 K | |||
| Revenue | 23 M | |||
| Gross Profit | 12.73 M | |||
| EBITDA | 15.54 M | |||
| Net Income | 4.34 M | |||
| Cash And Equivalents | 2.65 M | |||
| Cash Per Share | 0.26 X | |||
| Total Debt | 6 M | |||
| Debt To Equity | 0.11 % | |||
| Current Ratio | 0.51 X | |||
| Cash Flow From Operations | 10.52 M | |||
| Short Ratio | 13.50 X | |||
| Earnings Per Share | 0.43 X | |||
| Number Of Employees | 15 | |||
| Market Capitalization | 145.49 M | |||
| Total Asset | 1.5 B | |||
| Retained Earnings | 25 M | |||
| Working Capital | (11.47 M) | |||
| Current Asset | 12.04 M | |||
| Current Liabilities | 23.52 M | |||
| One Year Return | 25.60 % | |||
| Three Year Return | 12.70 % | |||
| Five Year Return | 7.20 % | |||
| Ten Year Return | 17.20 % | |||
| Bond Positions Weight | 99.17 % |
About Columbia ETF Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Columbia ETF Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Columbia ETF using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Columbia ETF Trust based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.CREDO Petroleum Corporationration, together with its subsidiaries, engages in the acquisition, exploration, development, and marketing of crude oil and natural gas properties in the MidContinent and Rocky Mountain regions of the United States.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Columbia ETF Trust is a strong investment it is important to analyze Columbia ETF's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Columbia ETF's future performance. For an informed investment choice regarding Columbia Etf, refer to the following important reports:Check out Columbia ETF Piotroski F Score and Columbia ETF Altman Z Score analysis. For information on how to trade Columbia Etf refer to our How to Trade Columbia Etf guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
The market value of Columbia ETF Trust is measured differently than its book value, which is the value of Columbia that is recorded on the company's balance sheet. Investors also form their own opinion of Columbia ETF's value that differs from its market value or its book value, called intrinsic value, which is Columbia ETF's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Columbia ETF's market value can be influenced by many factors that don't directly affect Columbia ETF's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Columbia ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Columbia ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbia ETF's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.