Columbia Strategic Income Fund Probability Of Bankruptcy
COSIX Fund | USD 21.66 0.03 0.14% |
COLUMBIA |
COLUMBIA Probability Of Bankruptcy Analysis
Columbia Strategic's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
More About Probability Of Bankruptcy | All Equity Analysis
Probability Of Bankruptcy | = | Normalized | | Z-Score |
Current Columbia Strategic Probability Of Bankruptcy | Less than 41% |
Most of Columbia Strategic's fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Columbia Strategic Income is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Columbia Strategic probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Columbia Strategic odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Columbia Strategic Income financial health.
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
Competition |
Columbia Strategic Probability Of Bankruptcy Component Assessment
Based on the latest financial disclosure, Columbia Strategic Income has a Probability Of Bankruptcy of 41.0%. This is much higher than that of the Columbia Threadneedle family and significantly higher than that of the Nontraditional Bond category. The probability of bankruptcy for all United States funds is notably lower than that of the firm.
COLUMBIA Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Columbia Strategic's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Columbia Strategic could also be used in its relative valuation, which is a method of valuing Columbia Strategic by comparing valuation metrics of similar companies.Columbia Strategic is currently under evaluation in probability of bankruptcy among similar funds.
COLUMBIA Fundamentals
Price To Earning | 23.99 X | |||
Price To Book | 5.15 X | |||
Price To Sales | 1.12 X | |||
Total Asset | 939.91 M | |||
Annual Yield | 0.05 % | |||
Year To Date Return | 0.37 % | |||
One Year Return | 7.15 % | |||
Three Year Return | (0.41) % | |||
Five Year Return | 2.24 % | |||
Ten Year Return | 4.80 % | |||
Net Asset | 5 B | |||
Last Dividend Paid | 0.06 | |||
Cash Position Weight | 13.13 % | |||
Equity Positions Weight | 0.02 % | |||
Bond Positions Weight | 11.46 % |
About Columbia Strategic Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Columbia Strategic Income's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Columbia Strategic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Columbia Strategic Income based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Under normal circumstances, the fund has substantial exposure to fixed-incomedebt markets. It may invest in U.S. government bonds and notes, U.S. and international bonds and notes, investment grade corporate bonds and notes, mortgage- and other asset-backed securities, high yield instruments, floating rate loans and other floating rate debt securities, inflation-protectedlinked securities, convertible securities, cashcash equivalents, as well as foreign government, sovereign and quasi-sovereign debt investments.
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 Strategic 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 Strategic's short interest history, or implied volatility extrapolated from Columbia Strategic options trading.
Pair Trading with Columbia Strategic
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 Strategic 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 Strategic will appreciate offsetting losses from the drop in the long position's value.Moving together with COLUMBIA Mutual Fund
0.76 | USG | USCF Gold Strategy Symbol Change | PairCorr |
The ability to find closely correlated positions to Columbia Strategic 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 Strategic 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 Strategic - 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 Strategic Income to buy it.
The correlation of Columbia Strategic 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 Strategic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Columbia Strategic Income 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 Strategic 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 Columbia Strategic Piotroski F Score and Columbia Strategic Altman Z Score analysis. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for COLUMBIA Mutual Fund analysis
When running Columbia Strategic's price analysis, check to measure Columbia Strategic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Columbia Strategic is operating at the current time. Most of Columbia Strategic's value examination focuses on studying past and present price action to predict the probability of Columbia Strategic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Columbia Strategic's price. Additionally, you may evaluate how the addition of Columbia Strategic to your portfolios can decrease your overall portfolio volatility.
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