Columbia Strategic Income Fund Probability Of Bankruptcy

COSIX Fund  USD 21.66  0.03  0.14%   
Columbia Strategic's odds of distress is below 50% at this time. It has small probability of experiencing financial crunch in the next few years. Chance Of Bankruptcy shows the probability of financial distress over the next two years of operations under current economic and market conditions. All items used in analyzing the odds of distress are taken from the COLUMBIA balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Columbia Strategic Piotroski F Score and Columbia Strategic Altman Z Score analysis.
  

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.

Probability Of Bankruptcy

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Normalized

Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

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.
Please note, there is a significant difference between Columbia Strategic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Columbia Strategic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbia Strategic'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.
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

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

  0.76USG USCF Gold Strategy Symbol ChangePairCorr
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.
Pair CorrelationCorrelation Matching
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.

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Please note, there is a significant difference between Columbia Strategic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Columbia Strategic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbia Strategic'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.