Columbia Funds Series Fund Market Value
CLNXX Fund | USD 1.00 0.00 0.00% |
Symbol | Columbia |
Please note, there is a significant difference between Columbia Funds' value and its price as these two are different measures arrived at by different means. Investors typically determine if Columbia Funds is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbia Funds' 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 Funds '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 Funds' money market 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 Funds.
11/14/2024 |
| 12/14/2024 |
If you would invest 0.00 in Columbia Funds on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding Columbia Funds Series or generate 0.0% return on investment in Columbia Funds over 30 days. Columbia Funds is related to or competes with Goldman Sachs, Short Term, Prudential Government, Payden Government, and Us Government. Columbia Funds is entity of United States More
Columbia Funds 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 Funds' money market 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 Funds Series upside and downside potential and time the market with a certain degree of confidence.
Columbia Funds Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Columbia Funds' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Columbia Funds' standard deviation. In reality, there are many statistical measures that can use Columbia Funds historical prices to predict the future Columbia Funds' volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Columbia Funds' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Columbia Funds Series Backtested Returns
We have found three technical indicators for Columbia Funds Series, which you can use to evaluate the volatility of the entity. The fund shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Columbia Funds are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Columbia Funds Series has no correlation between past and present. Overlapping area represents the amount of predictability between Columbia Funds time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th 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 Funds Series price movement. The serial correlation of 0.0 indicates that just 0.0% of current Columbia Funds price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.0 | |
Spearman Rank Test | 1.0 | |
Residual Average | 0.0 | |
Price Variance | 0.0 |
Columbia Funds Series lagged returns against current returns
Autocorrelation, which is Columbia Funds money market 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 Funds' money market fund expected returns. We can calculate the autocorrelation of Columbia Funds returns to help us make a trade decision. For example, suppose you find that Columbia Funds has exhibited high autocorrelation historically, and you observe that the money market 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 Funds 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 Funds money market fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Columbia Funds money market fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Columbia Funds money market fund over time.
Current vs Lagged Prices |
Timeline |
Columbia Funds Lagged Returns
When evaluating Columbia Funds' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Columbia Funds money market fund have on its future price. Columbia Funds 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 Funds autocorrelation shows the relationship between Columbia Funds money market fund current value and its past values and can show if there is a momentum factor associated with investing in Columbia Funds Series.
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 Money Market Fund
Columbia Funds financial ratios help investors to determine whether Columbia Money Market 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 Funds security.
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