Columbia Mid Cap Fund Market Value

CLSPX Fund  USD 24.78  0.70  2.91%   
Columbia Mid's market value is the price at which a share of Columbia Mid trades on a public exchange. It measures the collective expectations of Columbia Mid Cap investors about its performance. Columbia Mid is trading at 24.78 as of the 15th of March 2025; that is 2.91% up since the beginning of the trading day. The fund's open price was 24.08.
With this module, you can estimate the performance of a buy and hold strategy of Columbia Mid Cap and determine expected loss or profit from investing in Columbia Mid over a given investment horizon. Check out Columbia Mid Correlation, Columbia Mid Volatility and Columbia Mid Alpha and Beta module to complement your research on Columbia Mid.
Symbol

Please note, there is a significant difference between Columbia Mid's value and its price as these two are different measures arrived at by different means. Investors typically determine if Columbia Mid is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbia Mid'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 Mid '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 Mid'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 Mid.
0.00
12/15/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/15/2025
0.00
If you would invest  0.00  in Columbia Mid on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Columbia Mid Cap or generate 0.0% return on investment in Columbia Mid over 90 days. Columbia Mid is related to or competes with Kinetics Small, Hunter Small, Old Westbury, Small-midcap Dividend, Foundry Partners, Calvert Small/mid-cap, and Cardinal Small. Under normal circumstances, the fund invests at least 80 percent of its net assets in equity securities of companies tha... More

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

Columbia Mid Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Columbia Mid's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Columbia Mid's standard deviation. In reality, there are many statistical measures that can use Columbia Mid historical prices to predict the future Columbia Mid's volatility.
Hype
Prediction
LowEstimatedHigh
23.0724.7826.49
Details
Intrinsic
Valuation
LowRealHigh
21.0922.8027.26
Details

Columbia Mid Cap Backtested Returns

Columbia Mid Cap secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the fund had a -0.15 % return per unit of risk over the last 3 months. Columbia Mid Cap exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Columbia Mid's Mean Deviation of 1.43, standard deviation of 1.99, and Risk Adjusted Performance of (0.19) to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 1.13, which signifies a somewhat significant risk relative to the market. Columbia Mid returns are very sensitive to returns on the market. As the market goes up or down, Columbia Mid is expected to follow.

Auto-correlation

    
  -0.68  

Very good reverse predictability

Columbia Mid Cap has very good reverse predictability. Overlapping area represents the amount of predictability between Columbia Mid time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 2025. 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 Mid Cap price movement. The serial correlation of -0.68 indicates that around 68.0% of current Columbia Mid price fluctuation can be explain by its past prices.
Correlation Coefficient-0.68
Spearman Rank Test-0.56
Residual Average0.0
Price Variance3.46

Columbia Mid Cap lagged returns against current returns

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

Columbia Mid Lagged Returns

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

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Other Information on Investing in Columbia Mutual Fund

Columbia Mid 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 Mid security.
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