Columbia Etf Trust Etf Current Valuation
| CRED Etf | USD 19.39 0.02 0.10% |
Valuation analysis of Columbia ETF Trust helps investors to measure Columbia ETF's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Fairly Valued
Today
Please note that Columbia ETF's price fluctuation is very steady at this time. Calculation of the real value of Columbia ETF Trust is based on 3 months time horizon. Increasing Columbia ETF's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for Columbia ETF Trust is useful when determining the fair value of the Columbia etf, which is usually determined by what a typical buyer is willing to pay for full or partial control of Columbia ETF. Since Columbia ETF is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Columbia Etf. However, Columbia ETF's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 19.39 | Real 19.62 | Hype 19.36 | Naive 19.05 |
The real value of Columbia Etf, also known as its intrinsic value, is the underlying worth of Columbia ETF Trust ETF, which is reflected in its stock price. It is based on Columbia ETF's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Columbia ETF's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Columbia ETF's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Columbia ETF Trust helps investors to forecast how Columbia etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Columbia ETF more accurately as focusing exclusively on Columbia ETF's fundamentals will not take into account other important factors: Columbia ETF Trust ETF Current Valuation Analysis
Columbia ETF's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Columbia ETF Current Valuation | 148.84 M |
Most of Columbia ETF's fundamental indicators, such as Current Valuation, 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 ETF Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Columbia ETF Trust has a Current Valuation of 148.84 M. This is much higher than that of the family and significantly higher than that of the Corporate Bond category. The current valuation for all United States etfs is notably lower than that of the firm.
Columbia Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Columbia ETF's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Columbia ETF could also be used in its relative valuation, which is a method of valuing Columbia ETF by comparing valuation metrics of similar companies.Columbia ETF is currently under evaluation in current valuation as compared to similar ETFs.
Fund Asset Allocation for Columbia ETF
The fund invests most of its asset under management in bonds or other fixed income securities. .Asset allocation divides Columbia ETF's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Columbia Fundamentals
| Return On Asset | 6.33 | |||
| Profit Margin | 18.87 % | |||
| Operating Margin | 32.71 % | |||
| Current Valuation | 148.84 M | |||
| Shares Outstanding | 10.04 M | |||
| Shares Owned By Insiders | 11.64 % | |||
| Shares Owned By Institutions | 35.10 % | |||
| Number Of Shares Shorted | 307.59 K | |||
| Revenue | 23 M | |||
| Gross Profit | 12.73 M | |||
| EBITDA | 15.54 M | |||
| Net Income | 4.34 M | |||
| Cash And Equivalents | 2.65 M | |||
| Cash Per Share | 0.26 X | |||
| Total Debt | 6 M | |||
| Debt To Equity | 0.11 % | |||
| Current Ratio | 0.51 X | |||
| Cash Flow From Operations | 10.52 M | |||
| Short Ratio | 13.50 X | |||
| Earnings Per Share | 0.43 X | |||
| Number Of Employees | 15 | |||
| Market Capitalization | 145.49 M | |||
| Total Asset | 1.5 B | |||
| Retained Earnings | 25 M | |||
| Working Capital | (11.47 M) | |||
| Current Asset | 12.04 M | |||
| Current Liabilities | 23.52 M | |||
| One Year Return | 1.59 % | |||
| Three Year Return | 12.70 % | |||
| Five Year Return | 7.20 % | |||
| Ten Year Return | 17.20 % | |||
| Bond Positions Weight | 99.17 % |
About Columbia ETF Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Columbia ETF Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Columbia ETF using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Columbia ETF Trust based on its fundamental data. In general, a quantitative approach, as applied to this etf, 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.
Pair Trading with Columbia ETF
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 ETF 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 ETF will appreciate offsetting losses from the drop in the long position's value.Moving together with Columbia Etf
| 0.69 | LQD | iShares iBoxx Investment | PairCorr |
| 0.74 | IGIB | iShares 5 10 | PairCorr |
| 0.74 | USIG | iShares Broad USD | PairCorr |
| 0.72 | SPIB | SPDR Barclays Interm Sell-off Trend | PairCorr |
| 0.73 | SUSC | iShares ESG USD | PairCorr |
The ability to find closely correlated positions to Columbia ETF 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 ETF 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 ETF - 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 ETF Trust to buy it.
The correlation of Columbia ETF 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 ETF moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Columbia ETF Trust 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 ETF 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 ETF Piotroski F Score and Columbia ETF Altman Z Score analysis. 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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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.