Columbia International Value Fund Market Value
| CLVRX Fund | USD 36.57 0.06 0.16% |
| Symbol | Columbia |
Columbia International '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 International'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 International.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in Columbia International on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding Columbia International Value or generate 0.0% return on investment in Columbia International over 180 days. Columbia International is related to or competes with Dodge Cox, American Funds, American Funds, American Mutual, American Mutual, American Mutual, and Dodge Stock. The manager employs a passive management strategy designed to track, as closely as possible, the performance of the inde... More
Columbia International 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 International'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 International Value upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5831 | |||
| Information Ratio | 0.0071 | |||
| Maximum Drawdown | 4.09 | |||
| Value At Risk | (0.84) | |||
| Potential Upside | 1.21 |
Columbia International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Columbia International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Columbia International's standard deviation. In reality, there are many statistical measures that can use Columbia International historical prices to predict the future Columbia International's volatility.| Risk Adjusted Performance | 0.1459 | |||
| Jensen Alpha | 0.0192 | |||
| Total Risk Alpha | 0.0081 | |||
| Sortino Ratio | 0.0091 | |||
| Treynor Ratio | 0.1491 |
Columbia International Backtested Returns
At this stage we consider Columbia Mutual Fund to be very steady. Columbia International secures Sharpe Ratio (or Efficiency) of 0.2, which signifies that the fund had a 0.2% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Columbia International Value, which you can use to evaluate the volatility of the entity. Please confirm Columbia International's Risk Adjusted Performance of 0.1459, downside deviation of 0.5831, and Mean Deviation of 0.567 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%. The fund shows a Beta (market volatility) of 0.89, which signifies possible diversification benefits within a given portfolio. Columbia International returns are very sensitive to returns on the market. As the market goes up or down, Columbia International is expected to follow.
Auto-correlation | 0.81 |
Very good predictability
Columbia International Value has very good predictability. Overlapping area represents the amount of predictability between Columbia International time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd 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 International price movement. The serial correlation of 0.81 indicates that around 81.0% of current Columbia International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 0.78 |
Columbia International lagged returns against current returns
Autocorrelation, which is Columbia International 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 International's mutual fund expected returns. We can calculate the autocorrelation of Columbia International returns to help us make a trade decision. For example, suppose you find that Columbia International 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 International 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 International mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Columbia International 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 International mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Columbia International Lagged Returns
When evaluating Columbia International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Columbia International mutual fund have on its future price. Columbia International 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 International autocorrelation shows the relationship between Columbia International mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Columbia International Value.
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 International 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 International security.
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