Paul Wick - Columbia Seligman Fund Manager
| CGTYX Fund | USD 69.44 0.66 0.94% |
Mr. Wick joined the Columbia Management Investment Advisers, LLC in November 2008 when it acquired J. W. Seligman Co. Incorporated, where he was a Managing Director. Mr. Wick is Team Leader and Portfolio Manager for Technology. Wick is a director and managing director of Seligman and Director of Seligman Advisors, Inc. and Seligman Services, Inc. He was vice president and portfolio manager of Seligman Communications and Information Fund, Inc. since January 1990 and December 1989, respectively. He joined Seligman in August 1987 as an associate, investment Research, he was named managing director in January 1995 and was elected a director of Seligman in November 1997.
| Phone | 800-345-6611 |
Columbia Seligman Management Performance (%)
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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 Seligman 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 | 20.46 X | ||||
| Total Asset | 1.61 B | ||||
| Year To Date Return | 6.62 % | ||||
| One Year Return | 37.57 % | ||||
| Three Year Return | 8.44 % | ||||
| Five Year Return | 21.00 % | ||||
| Ten Year Return | 16.38 % | ||||
| Net Asset | 1.21 B | ||||
| Last Dividend Paid | 0.01 | ||||
| Cash Position Weight | 1.21 % |
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 Seligman 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 Seligman's short interest history, or implied volatility extrapolated from Columbia Seligman options trading.
Pair Trading with Columbia Seligman
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 Seligman 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 Seligman will appreciate offsetting losses from the drop in the long position's value.Moving against Columbia Mutual Fund
| 0.73 | DLPX | Delphax Technologies | PairCorr |
| 0.71 | CETXP | Cemtrex Pref | PairCorr |
| 0.66 | NOGWQ | Nogin Inc | PairCorr |
| 0.65 | ELCO | Elcom International | PairCorr |
| 0.62 | DMAN | Innovativ Media Group | PairCorr |
The ability to find closely correlated positions to Columbia Seligman 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 Seligman 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 Seligman - 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 Seligman Global to buy it.
The correlation of Columbia Seligman 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 Seligman moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Columbia Seligman Global 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 Seligman 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 Seligman Global. 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 manufacturing. You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.