Columbia Vertible Securities Fund Market Value
| PHIKX Fund | USD 21.41 0.23 1.09% |
| Symbol | Columbia |
Columbia Vertible '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 Vertible'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 Vertible.
| 02/27/2025 |
| 03/29/2025 |
If you would invest 0.00 in Columbia Vertible on February 27, 2025 and sell it all today you would earn a total of 0.00 from holding Columbia Vertible Securities or generate 0.0% return on investment in Columbia Vertible over 30 days. Columbia Vertible is related to or competes with 1919 Financial, Fidelity Advisor, and Vanguard Money. Under normal circumstances, the fund invests at least 80 percent of its net assets in convertible securities More
Columbia Vertible 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 Vertible'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 Vertible Securities upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0348 | |||
| Maximum Drawdown | 3.26 | |||
| Value At Risk | (1.19) | |||
| Potential Upside | 1.26 |
Columbia Vertible Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Columbia Vertible's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Columbia Vertible's standard deviation. In reality, there are many statistical measures that can use Columbia Vertible historical prices to predict the future Columbia Vertible's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | 0.0147 | |||
| Treynor Ratio | (0.71) |
Columbia Vertible Backtested Returns
Columbia Vertible secures Sharpe Ratio (or Efficiency) of -0.0219, which signifies that the fund had a -0.0219 % return per unit of risk over the last 3 months. Columbia Vertible Securities exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Columbia Vertible's Mean Deviation of 0.5685, risk adjusted performance of (0.03), and Standard Deviation of 0.7029 to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.0411, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Columbia Vertible's returns are expected to increase less than the market. However, during the bear market, the loss of holding Columbia Vertible is expected to be smaller as well.
Auto-correlation | -0.18 |
Insignificant reverse predictability
Columbia Vertible Securities has insignificant reverse predictability. Overlapping area represents the amount of predictability between Columbia Vertible time series from 27th of February 2025 to 14th of March 2025 and 14th of March 2025 to 29th 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 Vertible price movement. The serial correlation of -0.18 indicates that over 18.0% of current Columbia Vertible price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Columbia Vertible lagged returns against current returns
Autocorrelation, which is Columbia Vertible 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 Vertible's mutual fund expected returns. We can calculate the autocorrelation of Columbia Vertible returns to help us make a trade decision. For example, suppose you find that Columbia Vertible 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 Vertible 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 Vertible mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Columbia Vertible 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 Vertible mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Columbia Vertible Lagged Returns
When evaluating Columbia Vertible's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Columbia Vertible mutual fund have on its future price. Columbia Vertible 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 Vertible autocorrelation shows the relationship between Columbia Vertible mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Columbia Vertible Securities.
Regressed Prices |
| Timeline |
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Other Information on Investing in Columbia Mutual Fund
Columbia Vertible 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 Vertible security.
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