Columbia Convertible Securities Fund Manager Performance Evaluation
| NCIDX Fund | 21.79 0.02 0.09% |
The fund shows a Beta (market volatility) of 0.0329, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Columbia Convertible's returns are expected to increase less than the market. However, during the bear market, the loss of holding Columbia Convertible is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Columbia Convertible Securities has generated negative risk-adjusted returns adding no value to fund investors. In spite of weak performance in the last few months, the Fund's fundamental indicators remain fairly strong which may send shares a bit higher in February 2025. The current disturbance may also be a sign of long term up-swing for the fund investors.
...moreColumbia |
Columbia Convertible Relative Risk vs. Return Landscape
If you would invest 2,281 in Columbia Convertible Securities on October 4, 2024 and sell it today you would lose (102.00) from holding Columbia Convertible Securities or give up 4.47% of portfolio value over 90 days. Columbia Convertible Securities is currently producing negative expected returns and takes up 0.6698% volatility of returns over 90 trading days. Put another way, 5% of traded mutual funds are less volatile than Columbia, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Columbia Convertible Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Columbia Convertible's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Columbia Convertible Securities, and traders can use it to determine the average amount a Columbia Convertible's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.3758
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NCIDX |
Estimated Market Risk
| 0.67 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.25 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.38 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Columbia Convertible is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Columbia Convertible by adding Columbia Convertible to a well-diversified portfolio.
Things to note about Columbia Convertible performance evaluation
Checking the ongoing alerts about Columbia Convertible for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Columbia Convertible help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Columbia Convertible generated a negative expected return over the last 90 days |
- Analyzing Columbia Convertible's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Columbia Convertible's stock is overvalued or undervalued compared to its peers.
- Examining Columbia Convertible's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Columbia Convertible's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Columbia Convertible's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Columbia Convertible's mutual fund. These opinions can provide insight into Columbia Convertible's potential for growth and whether the stock is currently undervalued or overvalued.
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