Columbia Global Technology Fund Fundamentals
| CTCAX Fund | USD 86.45 0.86 1.00% |
Columbia Global Technology fundamentals help investors to digest information that contributes to Columbia Global's financial success or failures. It also enables traders to predict the movement of Columbia Mutual Fund. The fundamental analysis module provides a way to measure Columbia Global'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 Global mutual fund.
Columbia |
Columbia Global Technology Mutual Fund Year To Date Return Analysis
Columbia Global's Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
More About Year To Date Return | All Equity Analysis
YTD Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Columbia Global Year To Date Return | 29.64 % |
Most of Columbia Global's fundamental indicators, such as Year To Date 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 Global Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
| Competition |
In accordance with the company's disclosures, Columbia Global Technology has a Year To Date Return of 29.6436%. This is much higher than that of the Columbia Threadneedle family and significantly higher than that of the Technology category. The year to date return for all United States funds is notably lower than that of the firm.
Columbia Global Tech Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Columbia Global's current stock value. Our valuation model uses many indicators to compare Columbia Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Columbia Global competition to find correlations between indicators driving Columbia Global's intrinsic value. More Info.Columbia Global Technology is fourth largest fund in price to earning among similar funds. It is third largest fund in price to book among similar funds fabricating about 0.17 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Columbia Global Technology is roughly 5.79 . 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 Global's earnings, one of the primary drivers of an investment's value.Columbia Year To Date Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Columbia Global's direct or indirect competition against its Year To Date Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Columbia Global could also be used in its relative valuation, which is a method of valuing Columbia Global by comparing valuation metrics of similar companies.Columbia Global is currently under evaluation in year to date return among similar funds.
Fund Asset Allocation for Columbia Global
The fund consists of 98.93% investments in stocks, with the rest of investments allocated between different money market instruments.Asset allocation divides Columbia Global'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
| Price To Earning | 25.37 X | ||||
| Price To Book | 4.38 X | ||||
| Price To Sales | 3.64 X | ||||
| Total Asset | 609.11 M | ||||
| Year To Date Return | 29.64 % | ||||
| One Year Return | 36.46 % | ||||
| Three Year Return | 9.79 % | ||||
| Five Year Return | 20.39 % | ||||
| Ten Year Return | 19.08 % | ||||
| Net Asset | 2.42 B | ||||
| Cash Position Weight | 1.07 % | ||||
| Equity Positions Weight | 98.93 % |
About Columbia Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Columbia Global Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Columbia Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Columbia Global Technology based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, 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.The fund invests at least 80 percent of its net assets in equity securities of technology companies that may benefit from technological improvements, advancements or developments. It invests at least 25 percent of the value of its total net assets at the time of purchase in the securities of issuers conducting their principal business activities in the technology and related group of industries.
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.Other Information on Investing in Columbia Mutual Fund
Columbia Global 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 Global security.
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios |