Rahul Narang - Columbia Global Fund Manager
| CMTFX Fund | USD 75.98 0.66 0.86% |
Portfolio Manager of Columbia Management Investment Advisers, LLC. From 2005 until joining the Investment Manager in 2012, Mr. Narang was a Senior Vice President at Robeco Investment Management. Mr. Narang began his investment career in 1994 and earned a B.S. in business administration from California Polytechnic State University.
| Phone | 800-345-6611 |
Columbia Global Management Performance (%)
Similar Money Managers
| Found 2 records | One Year Return | ||
| Paul Wick | Columbia Seligman Global | N/A | |
| Paul Wick | Columbia Seligman Global | 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 Global 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 | 25.37 X | ||||
| Price To Book | 4.38 X | ||||
| Price To Sales | 3.64 X | ||||
| Total Asset | 1.88 B | ||||
| Year To Date Return | 12.98 % | ||||
| One Year Return | 50.56 % | ||||
| Three Year Return | 9.70 % | ||||
| Five Year Return | 19.59 % | ||||
| Ten Year Return | 19.37 % | ||||
| Net Asset | 1.5 B |
Pair Trading with Columbia Global
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 Global 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 Global will appreciate offsetting losses from the drop in the long position's value.Moving against Columbia Mutual Fund
| 0.8 | DLPX | Delphax Technologies | PairCorr |
| 0.79 | NOGWQ | Nogin Inc | PairCorr |
| 0.78 | SBIGW | SpringBig Holdings | PairCorr |
| 0.73 | DMAN | Innovativ Media Group | PairCorr |
| 0.66 | CETXP | Cemtrex Pref | PairCorr |
The ability to find closely correlated positions to Columbia Global 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 Global 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 Global - 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 Global Technology to buy it.
The correlation of Columbia Global 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 Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Columbia Global Tech 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 Global 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 Global Technology. 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 census. Note that the Columbia Global Tech information on this page should be used as a complementary analysis to other Columbia Global'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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.