Columbia Large Cap Fund Market Value

CCMAX Fund  USD 10.35  0.06  0.58%   
Columbia Large's market value is the price at which a share of Columbia Large trades on a public exchange. It measures the collective expectations of Columbia Large Cap investors about its performance. Columbia Large is trading at 10.35 as of the 4th of December 2024; that is 0.58% up since the beginning of the trading day. The fund's open price was 10.29.
With this module, you can estimate the performance of a buy and hold strategy of Columbia Large Cap and determine expected loss or profit from investing in Columbia Large over a given investment horizon. Check out Columbia Large Correlation, Columbia Large Volatility and Columbia Large Alpha and Beta module to complement your research on Columbia Large.
Symbol

Please note, there is a significant difference between Columbia Large's value and its price as these two are different measures arrived at by different means. Investors typically determine if Columbia Large is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbia Large'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.

Columbia Large '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 Large'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 Large.
0.00
11/04/2024
No Change 0.00  0.0 
In 31 days
12/04/2024
0.00
If you would invest  0.00  in Columbia Large on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Columbia Large Cap or generate 0.0% return on investment in Columbia Large over 30 days. Columbia Large is related to or competes with Gabelli Global, Fidelity Advisor, Prudential Financial, Prudential Jennison, and Vanguard Financials. Under normal market circumstances, the fund invests at least 80 percent of its net assets in equity securities of mid ma... More

Columbia Large 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 Large'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 Large Cap upside and downside potential and time the market with a certain degree of confidence.

Columbia Large Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Columbia Large's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Columbia Large's standard deviation. In reality, there are many statistical measures that can use Columbia Large historical prices to predict the future Columbia Large's volatility.
Hype
Prediction
LowEstimatedHigh
9.5810.3511.12
Details
Intrinsic
Valuation
LowRealHigh
9.4910.2611.03
Details
Naive
Forecast
LowNextHigh
9.5610.3411.11
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.2910.3110.34
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Columbia Large. Your research has to be compared to or analyzed against Columbia Large's peers to derive any actionable benefits. When done correctly, Columbia Large's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Columbia Large Cap.

Columbia Large Cap Backtested Returns

At this stage we consider Columbia Mutual Fund to be very steady. Columbia Large Cap secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the fund had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Columbia Large Cap, which you can use to evaluate the volatility of the entity. Please confirm Columbia Large's Downside Deviation of 0.8493, risk adjusted performance of 0.0638, and Mean Deviation of 0.6226 to double-check if the risk estimate we provide is consistent with the expected return of 0.1%. The fund shows a Beta (market volatility) of 0.8, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Columbia Large's returns are expected to increase less than the market. However, during the bear market, the loss of holding Columbia Large is expected to be smaller as well.

Auto-correlation

    
  0.72  

Good predictability

Columbia Large Cap has good predictability. Overlapping area represents the amount of predictability between Columbia Large time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 Large Cap price movement. The serial correlation of 0.72 indicates that around 72.0% of current Columbia Large price fluctuation can be explain by its past prices.
Correlation Coefficient0.72
Spearman Rank Test0.06
Residual Average0.0
Price Variance0.03

Columbia Large Cap lagged returns against current returns

Autocorrelation, which is Columbia Large 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 Large's mutual fund expected returns. We can calculate the autocorrelation of Columbia Large returns to help us make a trade decision. For example, suppose you find that Columbia Large 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 Large 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 Large mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Columbia Large 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 Large mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Columbia Large Lagged Returns

When evaluating Columbia Large's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Columbia Large mutual fund have on its future price. Columbia Large 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 Large autocorrelation shows the relationship between Columbia Large mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Columbia Large Cap.
   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 Large 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 Large security.
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