Columbia Disciplined Value Fund Market Value
| RDCCX Fund | USD 8.30 0.02 0.24% |
| Symbol | Columbia |
Columbia Disciplined '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 Disciplined'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 Disciplined.
| 11/02/2022 |
| 04/25/2024 |
If you would invest 0.00 in Columbia Disciplined on November 2, 2022 and sell it all today you would earn a total of 0.00 from holding Columbia Disciplined Value or generate 0.0% return on investment in Columbia Disciplined over 540 days. Columbia Disciplined is related to or competes with Edgewood Growth, Hartford Schroders, HUMANA, Morningstar Unconstrained, High Yield, Thrivent High, and Via Renewables. Under normal market conditions, the fund invests at least 80 percent of its net assets in equity securities of companies... More
Columbia Disciplined 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 Disciplined'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 Disciplined Value upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7172 | |||
| Information Ratio | 0.0371 | |||
| Maximum Drawdown | 2.83 | |||
| Value At Risk | (1.27) | |||
| Potential Upside | 1.04 |
Columbia Disciplined Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Columbia Disciplined's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Columbia Disciplined's standard deviation. In reality, there are many statistical measures that can use Columbia Disciplined historical prices to predict the future Columbia Disciplined's volatility.| Risk Adjusted Performance | 0.1147 | |||
| Jensen Alpha | 0.0255 | |||
| Total Risk Alpha | 0.0203 | |||
| Sortino Ratio | 0.0337 | |||
| Treynor Ratio | 0.1112 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Columbia Disciplined's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Columbia Disciplined Backtested Returns
We consider Columbia Disciplined very steady. Columbia Disciplined 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. We have found twenty-eight technical indicators for Columbia Disciplined Value, which you can use to evaluate the volatility of the entity. Please confirm Columbia Disciplined's Risk Adjusted Performance of 0.1147, downside deviation of 0.7172, and Mean Deviation of 0.512 to double-check if the risk estimate we provide is consistent with the expected return of 0.1%. The fund shows a Beta (market volatility) of 0.98, which signifies possible diversification benefits within a given portfolio. Columbia Disciplined returns are very sensitive to returns on the market. As the market goes up or down, Columbia Disciplined is expected to follow.
Auto-correlation | 0.43 |
Average predictability
Columbia Disciplined Value has average predictability. Overlapping area represents the amount of predictability between Columbia Disciplined time series from 2nd of November 2022 to 30th of July 2023 and 30th of July 2023 to 25th of April 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 Disciplined price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Columbia Disciplined price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.26 |
Columbia Disciplined lagged returns against current returns
Autocorrelation, which is Columbia Disciplined 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 Disciplined's mutual fund expected returns. We can calculate the autocorrelation of Columbia Disciplined returns to help us make a trade decision. For example, suppose you find that Columbia Disciplined 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 |
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Columbia Disciplined 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 Disciplined mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Columbia Disciplined 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 Disciplined mutual fund over time.
Current vs Lagged Prices |
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Columbia Disciplined Lagged Returns
When evaluating Columbia Disciplined's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Columbia Disciplined mutual fund have on its future price. Columbia Disciplined 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 Disciplined autocorrelation shows the relationship between Columbia Disciplined mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Columbia Disciplined Value.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Columbia Disciplined in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Columbia Disciplined's short interest history, or implied volatility extrapolated from Columbia Disciplined options trading.
Currently Active Assets on Macroaxis
Check out Columbia Disciplined Correlation, Columbia Disciplined Volatility and Columbia Disciplined Alpha and Beta module to complement your research on Columbia Disciplined. Note that the Columbia Disciplined information on this page should be used as a complementary analysis to other Columbia Disciplined's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Columbia Disciplined technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.