Multi-manager Directional Financials
| CDAZX Fund | USD 7.12 0.02 0.28% |
Multi-manager |
Please note that past performance is not an indicator of the future performance of Multi-manager Directional, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Multi-manager Directional Fund Summary
Multi-manager Directional competes with Columbia Corporate, Columbia Ultra, Columbia Ultra, Columbia, and Columbia Small. The fund pursues its investment objective by allocating the funds assets among different asset managers that collectively use various investment styles and strategies, including, for example, fundamental , macroeconomic , andor quantitative methods or models, across different markets. It may invest in foreign and domestic equity securities, and debt instruments, as well as derivative instruments, and exchange-traded funds and other investment companies.Specialization | Long-Short Equity, Large Blend |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Columbia Funds Series |
| Mutual Fund Family | Columbia |
| Mutual Fund Category | Long-Short Equity |
| Benchmark | NYSE Composite |
| Phone | 800 345 6611 |
| Currency | USD - US Dollar |
Multi-manager Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Multi-manager Directional's current stock value. Our valuation model uses many indicators to compare Multi-manager Directional value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Multi-manager Directional competition to find correlations between indicators driving Multi-manager Directional's intrinsic value. More Info.Multi Manager Directional Alternative is the top fund in annual yield among similar funds. It is the top fund in year to date return among similar funds creating about 440.75 of Year To Date Return per Annual Yield. Comparative valuation analysis is a catch-all model that can be used if you cannot value Multi-manager Directional by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Multi-manager Directional's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Multi-manager Directional's earnings, one of the primary drivers of an investment's value.Multi-manager Directional Systematic Risk
Multi-manager Directional's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Multi-manager Directional volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Multi-manager Directional correlated with the market. If Beta is less than 0 Multi-manager Directional generally moves in the opposite direction as compared to the market. If Multi-manager Directional Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Multi-manager Directional is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Multi-manager Directional is generally in the same direction as the market. If Beta > 1 Multi-manager Directional moves generally in the same direction as, but more than the movement of the benchmark.
Multi-manager Directional April 16, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Multi-manager Directional help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Multi Manager Directional Alternative. We use our internally-developed statistical techniques to arrive at the intrinsic value of Multi Manager Directional Alternative based on widely used predictive technical indicators. In general, we focus on analyzing Multi-manager Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Multi-manager Directional's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.4236 | |||
| Information Ratio | 0.0149 | |||
| Maximum Drawdown | 1.84 | |||
| Value At Risk | (0.58) | |||
| Potential Upside | 0.7102 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Multi Manager Directional Alternative. 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 nation. Note that the Multi-manager Directional information on this page should be used as a complementary analysis to other Multi-manager Directional'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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.