Columbia Global Equity Fund Market Value

REVRX Fund  USD 12.60  0.15  1.18%   
Columbia Global's market value is the price at which a share of Columbia Global trades on a public exchange. It measures the collective expectations of Columbia Global Equity investors about its performance. Columbia Global is trading at 12.60 as of the 28th of March 2024; that is -1.18 percent down since the beginning of the trading day. The fund's open price was 12.75.
With this module, you can estimate the performance of a buy and hold strategy of Columbia Global Equity and determine expected loss or profit from investing in Columbia Global over a given investment horizon. Check out Columbia Global Correlation, Columbia Global Volatility and Columbia Global Alpha and Beta module to complement your research on Columbia Global.
Symbol

Please note, there is a significant difference between Columbia Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Columbia Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbia Global'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 Global '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 Global'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 Global.
0.00
06/07/2022
No Change 0.00  0.0 
In 1 year 9 months and 23 days
03/28/2024
0.00
If you would invest  0.00  in Columbia Global on June 7, 2022 and sell it all today you would earn a total of 0.00 from holding Columbia Global Equity or generate 0.0% return on investment in Columbia Global over 660 days. Columbia Global is related to or competes with Columbia Large, Columbia Large, Columbia Porate, Columbia Ultra, Columbia Ultra, Columbia, and Columbia Large. The fund invests at least 80 percent of its net assets in equity securities More

Columbia Global 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 Global'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 Global Equity upside and downside potential and time the market with a certain degree of confidence.

Columbia Global Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Columbia Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Columbia Global's standard deviation. In reality, there are many statistical measures that can use Columbia Global historical prices to predict the future Columbia Global's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Columbia Global'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.
Hype
Prediction
LowEstimatedHigh
12.0812.6013.12
Details
Intrinsic
Valuation
LowRealHigh
11.8612.3812.90
Details
Naive
Forecast
LowNextHigh
12.0312.5513.07
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
12.6012.6012.60
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Columbia Global. Your research has to be compared to or analyzed against Columbia Global's peers to derive any actionable benefits. When done correctly, Columbia Global's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Columbia Global Equity.

Columbia Global Equity Backtested Returns

We consider Columbia Global very steady. Columbia Global Equity secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the fund had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Columbia Global Equity, which you can use to evaluate the volatility of the entity. Please confirm Columbia Global's Mean Deviation of 0.4137, downside deviation of 0.5542, and Risk Adjusted Performance of 0.1214 to double-check if the risk estimate we provide is consistent with the expected return of 0.0882%. The fund shows a Beta (market volatility) of -0.0319, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Columbia Global are expected to decrease at a much lower rate. During the bear market, Columbia Global is likely to outperform the market.

Auto-correlation

    
  0.55  

Modest predictability

Columbia Global Equity has modest predictability. Overlapping area represents the amount of predictability between Columbia Global time series from 7th of June 2022 to 3rd of May 2023 and 3rd of May 2023 to 28th of March 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 Global Equity price movement. The serial correlation of 0.55 indicates that about 55.0% of current Columbia Global price fluctuation can be explain by its past prices.
Correlation Coefficient0.55
Spearman Rank Test0.6
Residual Average0.0
Price Variance0.27

Columbia Global Equity lagged returns against current returns

Autocorrelation, which is Columbia Global 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 Global's mutual fund expected returns. We can calculate the autocorrelation of Columbia Global returns to help us make a trade decision. For example, suppose you find that Columbia Global 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 Global 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 Global mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Columbia Global 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 Global mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Columbia Global Lagged Returns

When evaluating Columbia Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Columbia Global mutual fund have on its future price. Columbia Global 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 Global autocorrelation shows the relationship between Columbia Global mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Columbia Global Equity.
   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 Global 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 Global's short interest history, or implied volatility extrapolated from Columbia Global options trading.

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Check out Columbia Global Correlation, Columbia Global Volatility and Columbia Global Alpha and Beta module to complement your research on Columbia Global.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Columbia Global's price analysis, check to measure Columbia Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Columbia Global is operating at the current time. Most of Columbia Global's value examination focuses on studying past and present price action to predict the probability of Columbia Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Columbia Global's price. Additionally, you may evaluate how the addition of Columbia Global to your portfolios can decrease your overall portfolio volatility.
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Columbia Global 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.
A focus of Columbia Global technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Columbia Global trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...