Columbia Balanced Fund Market Value
| CBDRX Fund | USD 55.42 0.00 0.00% |
| Symbol | Columbia |
Columbia Balanced 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Columbia Balanced's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Columbia Balanced.
| 12/09/2023 |
| 12/03/2024 |
If you would invest 0.00 in Columbia Balanced on December 9, 2023 and sell it all today you would earn a total of 0.00 from holding Columbia Balanced Fund or generate 0.0% return on investment in Columbia Balanced over 360 days. Columbia Balanced is related to or competes with Columbia Balanced, Columbia Balanced, Columbia Large, and Invesco Disciplined. Under normal circumstances, the fund invests in a mix of equity and debt securities More
Columbia Balanced Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Columbia Balanced's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Columbia Balanced Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5053 | |||
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 2.34 | |||
| Value At Risk | (0.93) | |||
| Potential Upside | 0.7569 |
Columbia Balanced Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Columbia Balanced's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Columbia Balanced's standard deviation. In reality, there are many statistical measures that can use Columbia Balanced historical prices to predict the future Columbia Balanced's volatility.| Risk Adjusted Performance | 0.0441 | |||
| Jensen Alpha | 0.0443 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.19) | |||
| Treynor Ratio | (0.1) |
Columbia Balanced Backtested Returns
At this stage we consider Columbia Mutual Fund to be very steady. Columbia Balanced secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the fund had a 0.11% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Columbia Balanced Fund, which you can use to evaluate the volatility of the entity. Please confirm Columbia Balanced's Mean Deviation of 0.3306, risk adjusted performance of 0.0441, and Downside Deviation of 0.5053 to double-check if the risk estimate we provide is consistent with the expected return of 0.0504%. The fund shows a Beta (market volatility) of -0.21, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Columbia Balanced are expected to decrease at a much lower rate. During the bear market, Columbia Balanced is likely to outperform the market.
Auto-correlation | 0.72 |
Good predictability
Columbia Balanced Fund has good predictability. Overlapping area represents the amount of predictability between Columbia Balanced time series from 9th of December 2023 to 6th of June 2024 and 6th of June 2024 to 3rd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Columbia Balanced price movement. The serial correlation of 0.72 indicates that around 72.0% of current Columbia Balanced price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.72 | |
| Spearman Rank Test | 0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 1.06 |
Columbia Balanced lagged returns against current returns
Autocorrelation, which is Columbia Balanced mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Columbia Balanced's mutual fund expected returns. We can calculate the autocorrelation of Columbia Balanced returns to help us make a trade decision. For example, suppose you find that Columbia Balanced has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Columbia Balanced regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Columbia Balanced mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Columbia Balanced mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Columbia Balanced mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Columbia Balanced Lagged Returns
When evaluating Columbia Balanced's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Columbia Balanced mutual fund have on its future price. Columbia Balanced autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Columbia Balanced autocorrelation shows the relationship between Columbia Balanced mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Columbia Balanced Fund.
Regressed Prices |
| Timeline |
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 Balanced 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 Balanced security.
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