Columbia Vertible Securities Fund Buy Hold or Sell Recommendation
| COCRX Fund | USD 20.01 0.11 0.55% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Columbia Vertible Securities is 'Strong Hold'. Macroaxis provides Columbia Convertible buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding COCRX positions. The advice algorithm takes into account all of Columbia Convertible's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Columbia Convertible's buy or sell advice are summarized below:
Real Value 20.01 | Hype Value 19.9 | Market Value 20.01 | Naive Value 19.6 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Columbia Vertible Securities given historical horizon and risk tolerance towards Columbia Convertible. When Macroaxis issues a 'buy' or 'sell' recommendation for Columbia Vertible Securities, the advice is generated through an automated system that utilizes algorithms and statistical models.
Columbia |
Execute Columbia Convertible Buy or Sell Advice
The Columbia recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Columbia Vertible Securities. Macroaxis does not own or have any residual interests in Columbia Vertible Securities or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Columbia Convertible's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Analyst Consensus | Not Available | Details |
Columbia Convertible Trading Alerts and Improvement Suggestions
| Columbia Convertible generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: L.A. mayor urges business leaders to help fund homeless housing - Los Angeles Times | |
| The fund generated three year return of -4.0% | |
| Columbia Convertible holds most of the assets under management (AUM) in different types of exotic instruments. |
Columbia Convertible Returns Distribution Density
The distribution of Columbia Convertible's historical returns is an attempt to chart the uncertainty of Columbia Convertible's future price movements. The chart of the probability distribution of Columbia Convertible daily returns describes the distribution of returns around its average expected value. We use Columbia Vertible Securities price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Columbia Convertible returns is essential to provide solid investment advice for Columbia Convertible.
| Mean Return | -0.02 | Value At Risk | -1.03 | Potential Upside | 0.74 | Standard Deviation | 0.51 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Columbia Convertible historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Columbia Convertible Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Columbia Convertible or Columbia sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Columbia Convertible's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Columbia fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.08 | |
β | Beta against NYSE Composite | 0.67 | |
σ | Overall volatility | 0.52 | |
Ir | Information ratio | -0.2 |
Columbia Convertible Volatility Alert
Columbia Vertible Securities exhibits very low volatility with skewness of -0.59 and kurtosis of -0.11. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Columbia Convertible's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Columbia Convertible's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Columbia Convertible Fundamentals Vs Peers
Comparing Columbia Convertible's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Columbia Convertible's direct or indirect competition across all of the common fundamentals between Columbia Convertible and the related equities. This way, we can detect undervalued stocks with similar characteristics as Columbia Convertible or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Columbia Convertible's fundamental indicators could also be used in its relative valuation, which is a method of valuing Columbia Convertible by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Columbia Convertible to competition |
| Fundamentals | Columbia Convertible | Peer Average |
| Price To Earning | 1.79 X | 6.53 X |
| Price To Book | 1.49 X | 0.74 X |
| Price To Sales | 2.85 X | 0.61 X |
| Annual Yield | 0.03 % | 0.29 % |
| Year To Date Return | 0.70 % | 0.39 % |
| One Year Return | 5.20 % | 4.15 % |
| Three Year Return | (4.18) % | 3.60 % |
| Five Year Return | 8.74 % | 3.24 % |
| Ten Year Return | 10.66 % | 1.79 % |
| Net Asset | 1.04 B | 4.11 B |
| Last Dividend Paid | 0.06 | 0.65 |
| Cash Position Weight | 0.20 % | 10.61 % |
| Equity Positions Weight | 7.46 % | 63.90 % |
| Bond Positions Weight | 0.81 % | 11.24 % |
Columbia Convertible Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Columbia . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 20.01 | |||
| Day Typical Price | 20.01 | |||
| Price Action Indicator | 0.055 | |||
| Period Momentum Indicator | 0.11 |
About Columbia Convertible Buy or Sell Advice
When is the right time to buy or sell Columbia Vertible Securities? Buying financial instruments such as Columbia Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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In addition to having Columbia Convertible in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Columbia Convertible Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.