Columbia Etf Trust Etf Performance
CRED Etf | USD 19.91 0.20 1.01% |
The etf shows a Beta (market volatility) of 1.32, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Columbia ETF will likely underperform.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Columbia ETF Trust has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound technical and fundamental indicators, Columbia ETF is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
1 | Kunal Shah reveals why he did not join IIT or IIM, chose philosophy instead netizens say, Made best out of .... | 02/07/2024 |
2 | ICICI Lombard investors need to look beyond tech edge, good execution | 04/01/2024 |
In Threey Sharp Ratio | 0.66 |
Columbia |
Columbia ETF Relative Risk vs. Return Landscape
If you would invest 2,064 in Columbia ETF Trust on January 25, 2024 and sell it today you would lose (73.00) from holding Columbia ETF Trust or give up 3.54% of portfolio value over 90 days. Columbia ETF Trust is currently does not generate positive expected returns and assumes 1.0631% risk (volatility on return distribution) over the 90 days horizon. In different words, 9% of etfs are less volatile than Columbia, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
Risk |
Columbia ETF Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Columbia ETF's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Columbia ETF Trust, and traders can use it to determine the average amount a Columbia ETF's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0485
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | CRED |
Estimated Market Risk
1.06 actual daily | 9 91% of assets are more volatile |
Expected Return
-0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Columbia ETF is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Columbia ETF by adding Columbia ETF to a well-diversified portfolio.
Columbia ETF Fundamentals Growth
Columbia Etf prices reflect investors' perceptions of the future prospects and financial health of Columbia ETF, and Columbia ETF fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Columbia Etf performance.
Return On Asset | 6.33 | |||
Profit Margin | 18.87 % | |||
Operating Margin | 32.71 % | |||
Current Valuation | 148.84 M | |||
Shares Outstanding | 10.04 M | |||
Revenue | 23 M | |||
EBITDA | 15.54 M | |||
Cash And Equivalents | 2.65 M | |||
Cash Per Share | 0.26 X | |||
Total Debt | 6 M | |||
Debt To Equity | 0.11 % | |||
Cash Flow From Operations | 10.52 M | |||
Earnings Per Share | 0.43 X | |||
Total Asset | 1.5 B | |||
Retained Earnings | 25 M | |||
Current Asset | 12.04 M | |||
Current Liabilities | 23.52 M | |||
About Columbia ETF Performance
To evaluate Columbia ETF Trust Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Columbia ETF generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Columbia Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Columbia ETF Trust market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Columbia's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.CREDO Petroleum Corporationration, together with its subsidiaries, engages in the acquisition, exploration, development, and marketing of crude oil and natural gas properties in the MidContinent and Rocky Mountain regions of the United States.Columbia ETF Trust generated a negative expected return over the last 90 days | |
The company currently holds 6 M in liabilities with Debt to Equity (D/E) ratio of 0.11, which may suggest the company is not taking enough advantage from borrowing. Columbia ETF Trust has a current ratio of 0.5, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Columbia ETF until it has trouble settling it off, either with new capital or with free cash flow. So, Columbia ETF's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Columbia ETF Trust sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Columbia to invest in growth at high rates of return. When we think about Columbia ETF's use of debt, we should always consider it together with cash and equity. | |
Latest headline from livemint.com: ICICI Lombard investors need to look beyond tech edge, good execution | |
The fund holds about 99.17% of its assets under management (AUM) in fixed income securities |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Columbia ETF Trust. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in income. For information on how to trade Columbia Etf refer to our How to Trade Columbia Etf guide.Note that the Columbia ETF Trust information on this page should be used as a complementary analysis to other Columbia ETF'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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
The market value of Columbia ETF Trust is measured differently than its book value, which is the value of Columbia that is recorded on the company's balance sheet. Investors also form their own opinion of Columbia ETF's value that differs from its market value or its book value, called intrinsic value, which is Columbia ETF's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Columbia ETF's market value can be influenced by many factors that don't directly affect Columbia ETF's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Columbia ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Columbia ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbia ETF'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.