Columbia Global Technology Fund Manager Performance Evaluation
CTCAX Fund | USD 76.99 0.33 0.43% |
The fund shows a Beta (market volatility) of 1.06, which signifies a somewhat significant risk relative to the market. Columbia Global returns are very sensitive to returns on the market. As the market goes up or down, Columbia Global is expected to follow.
Risk-Adjusted Performance
1 of 100
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Columbia Global Technology are ranked lower than 1 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Columbia Global is not utilizing all of its potentials. The recent stock price disturbance, may contribute to short-term losses for the investors.
...more1 | 3 Top-Ranked Columbia Mutual Funds Promising Great Returns - Yahoo Singapore News | 05/24/2024 |
Expense Ratio Date | 1st of January 2023 | |
Expense Ratio | 1.1900 |
Columbia |
Columbia Global Relative Risk vs. Return Landscape
If you would invest 7,588 in Columbia Global Technology on March 4, 2024 and sell it today you would earn a total of 111.00 from holding Columbia Global Technology or generate 1.46% return on investment over 90 days. Columbia Global Technology is currently producing 0.0302% returns and takes up 1.2316% volatility of returns over 90 trading days. Put another way, 10% of traded mutual funds are less volatile than Columbia, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
Risk |
Columbia Global Current Valuation
Fairly Valued
Today
Please note that Columbia Global's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Columbia Global Tech shows a prevailing Real Value of $76.41 per share. The current price of the fund is $76.99. We determine the value of Columbia Global Tech from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will blend.
Our valuation method for Columbia Global Technology is useful when determining the fair value of the Columbia mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Columbia Global. Since Columbia Global is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Columbia Mutual Fund. However, Columbia Global'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 76.99 | Real 76.41 | Hype 77.01 | Naive 74.78 |
The real value of Columbia Mutual Fund, also known as its intrinsic value, is the underlying worth of Columbia Global Tech Mutual Fund, which is reflected in its stock price. It is based on Columbia Global's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Columbia Global'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 Global'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 Global Technology helps investors to forecast how Columbia mutual fund'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 Global more accurately as focusing exclusively on Columbia Global's fundamentals will not take into account other important factors: Columbia Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Columbia Global's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Columbia Global Technology, and traders can use it to determine the average amount a Columbia Global'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 = 0.0245
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Negative Returns | CTCAX |
Estimated Market Risk
1.23 actual daily | 10 90% of assets are more volatile |
Expected Return
0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Columbia Global is performing at about 1% of its full potential. 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 Global by adding it to a well-diversified portfolio.
Columbia Global Fundamentals Growth
Columbia Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Columbia Global, and Columbia Global 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 Mutual Fund performance.
Price To Earning | 25.37 X | ||||
Price To Book | 4.38 X | ||||
Price To Sales | 3.64 X | ||||
Total Asset | 609.11 M | ||||
About Columbia Global Performance
To evaluate Columbia Global Tech Mutual Fund 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 Global 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 Mutual Fund'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 Global Tech 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.The fund invests at least 80 percent of its net assets in equity securities of technology companies that may benefit from technological improvements, advancements or developments. It invests at least 25 percent of the value of its total net assets at the time of purchase in the securities of issuers conducting their principal business activities in the technology and related group of industries.Things to note about Columbia Global Tech performance evaluation
Checking the ongoing alerts about Columbia Global for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Columbia Global Tech help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Latest headline from news.google.com: 3 Top-Ranked Columbia Mutual Funds Promising Great Returns - Yahoo Singapore News | |
The fund holds 98.93% of its assets under management (AUM) in equities |
- Analyzing Columbia Global's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Columbia Global's stock is overvalued or undervalued compared to its peers.
- Examining Columbia Global's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Columbia Global's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Columbia Global's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Columbia Global's mutual fund. These opinions can provide insight into Columbia Global's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Columbia Global Technology. 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 Columbia Global Tech information on this page should be used as a complementary analysis to other Columbia Global'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.