Guy Pope - Columbia Contrarian Fund Manager
| CCCRX Fund | USD 33.40 0.02 0.06% |
Guy Pope is a senior portfolio manager for Columbia Threadneedle Investments. Mr. Pope joined one of the Columbia Threadneedle Investments legacy firms in 1993. He was in his current position since 2004. He was a member of the investment community since 1993. Mr. Pope received a B.A. in political economics from Colorado College and an MBA from Northwestern University. In addition, he is a member of the CFA Institute and the Security Analysts of Portland. He holds the Chartered Financial Analyst designation.
| Phone | 800-345-6611 |
Columbia Contrarian Management Performance (%)
Similar Money Managers
| Found 2 records | One Year Return | ||
| Edward Fane | Morningstar Unconstrained Alloc | N/A | |
| John Mulquiney | Morningstar Unconstrained Alloc | N/A | |
Columbia Fund Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right mutual fund is not an easy task. Is Columbia Contrarian a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Price To Earning | 19.85 X | |||
| Price To Book | 2.61 X | |||
| Price To Sales | 1.94 X | |||
| Total Asset | 11.05 B | |||
| Annual Yield | 0 % | |||
| Year To Date Return | 5.18 % | |||
| One Year Return | 25.43 % | |||
| Three Year Return | 7.28 % | |||
| Five Year Return | 13.70 % | |||
| Ten Year Return | 12.58 % |
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 Contrarian 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 Contrarian's short interest history, or implied volatility extrapolated from Columbia Contrarian options trading.
Pair Trading with Columbia Contrarian
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 Contrarian 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 Contrarian will appreciate offsetting losses from the drop in the long position's value.Moving together with Columbia Mutual Fund
| 0.77 | CUSHX | Columbia Ultra Short | PairCorr |
| 0.8 | CUURX | Columbia Small Cap | PairCorr |
| 0.8 | CVVRX | Columbia Small Cap | PairCorr |
| 0.81 | CLM | Cornerstone Strategic | PairCorr |
The ability to find closely correlated positions to Columbia Contrarian 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 Contrarian 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 Contrarian - 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 Trarian Core to buy it.
The correlation of Columbia Contrarian 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 Contrarian moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Columbia Trarian Core 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 Contrarian 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Columbia Trarian Core. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.