Columbia Greater Price To Earning vs. Price To Book

NGCAX Fund  USD 33.14  0.17  0.52%   
Considering Columbia Greater's profitability and operating efficiency indicators, Columbia Greater China may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Columbia Greater's ability to earn profits and add value for shareholders.
For Columbia Greater profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Columbia Greater to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Columbia Greater China utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Columbia Greater's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Columbia Greater China over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
Please note, there is a significant difference between Columbia Greater's value and its price as these two are different measures arrived at by different means. Investors typically determine if Columbia Greater is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbia Greater'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 Greater China Price To Book vs. Price To Earning Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Columbia Greater's current stock value. Our valuation model uses many indicators to compare Columbia Greater value to that of its competitors to determine the firm's financial worth.
Columbia Greater China is number one fund in price to earning among similar funds. It also is number one fund in price to book among similar funds fabricating about  0.13  of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Columbia Greater China is roughly  7.86 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Columbia Greater's earnings, one of the primary drivers of an investment's value.

Columbia Price To Book vs. Price To Earning

Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

Columbia Greater

P/E

 = 

Market Value Per Share

Earnings Per Share

 = 
16.04 X
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

Columbia Greater

P/B

 = 

MV Per Share

BV Per Share

 = 
2.04 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.

Columbia Price To Book Comparison

Columbia Greater is currently under evaluation in price to book among similar funds.

Columbia Greater Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Columbia Greater, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Columbia Greater will eventually generate negative long term returns. The profitability progress is the general direction of Columbia Greater's change in net profit over the period of time. It can combine multiple indicators of Columbia Greater, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Under normal circumstances, the fund invests at least 80 percent of its net assets in equity securities of companies whose principal activities are located in the Greater China region. The Greater China region includes Hong Kong, the Peoples Republic of China, Taiwan and certain other countries. Its investments include securities of emerging market issuers. The fund may invest in companies that have market capitalizations of any size believed to be undervalued or have the potential for long-term growth. It is non-diversified.

Columbia Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Columbia Greater. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Columbia Greater position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Columbia Greater's important profitability drivers and their relationship over time.

Use Columbia Greater in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Columbia Greater position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Columbia Greater will appreciate offsetting losses from the drop in the long position's value.

Columbia Greater Pair Trading

Columbia Greater China Pair Trading Analysis

The ability to find closely correlated positions to Columbia Greater could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Columbia Greater when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Columbia Greater - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Columbia Greater China to buy it.
The correlation of Columbia Greater is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Columbia Greater moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Columbia Greater China moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Columbia Greater can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Columbia Greater position

In addition to having Columbia Greater in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Obamacare Thematic Idea Now

Obamacare
Obamacare Theme
Health care services and providers including hospitals, clinics and nursing homes that hope to benefit from Obamacare program. The Obamacare theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Obamacare Theme or any other thematic opportunities.
View All  Next Launch

Other Information on Investing in Columbia Mutual Fund

To fully project Columbia Greater's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Columbia Greater China at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Columbia Greater's income statement, its balance sheet, and the statement of cash flows.
Potential Columbia Greater investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Columbia Greater investors may work on each financial statement separately, they are all related. The changes in Columbia Greater's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Columbia Greater's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios