Columbia India Consumer Etf Buy Hold or Sell Recommendation
| INCO Etf | USD 64.19 0.28 0.43% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Columbia India Consumer is 'Strong Hold'. Macroaxis provides Columbia India buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding INCO positions. The advice algorithm takes into account all of Columbia India's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Columbia India's buy or sell advice are summarized below:
Real Value 63.68 | Hype Value 64.17 | Market Value 64.19 | Naive Value 63.33 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Columbia India Consumer given historical horizon and risk tolerance towards Columbia India. When Macroaxis issues a 'buy' or 'sell' recommendation for Columbia India Consumer, the advice is generated through an automated system that utilizes algorithms and statistical models.
Columbia |
Execute Columbia India 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 India Consumer. Macroaxis does not own or have any residual interests in Columbia India Consumer or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Columbia India's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details |
Columbia India Trading Alerts and Improvement Suggestions
| Latest headline from news.google.com: Mirae Asset Global Investments Co. Ltd. Sells 19300 Shares of Columbia India Consumer ETF - Defense World | |
| The fund retains 99.98% of its assets under management (AUM) in equities |
Columbia India Returns Distribution Density
The distribution of Columbia India's historical returns is an attempt to chart the uncertainty of Columbia India's future price movements. The chart of the probability distribution of Columbia India daily returns describes the distribution of returns around its average expected value. We use Columbia India Consumer price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Columbia India returns is essential to provide solid investment advice for Columbia India.
| Mean Return | 0.12 | Value At Risk | -1.46 | Potential Upside | 1.41 | Standard Deviation | 0.89 |
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 India 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 India 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 India or Columbia Threadneedle 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 India's price will be affected by overall etf 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 etf'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 | 0.07 | |
β | Beta against NYSE Composite | 0.54 | |
σ | Overall volatility | 0.88 | |
Ir | Information ratio | 0.03 |
Columbia India Volatility Alert
Columbia India Consumer has low volatility with Treynor Ratio of 0.21, Maximum Drawdown of 4.19 and kurtosis of -0.16. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Columbia India's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Columbia India's etf 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 India Fundamentals Vs Peers
Comparing Columbia India'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 India's direct or indirect competition across all of the common fundamentals between Columbia India and the related equities. This way, we can detect undervalued stocks with similar characteristics as Columbia India or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Columbia India's fundamental indicators could also be used in its relative valuation, which is a method of valuing Columbia India by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Columbia India to competition |
| Fundamentals | Columbia India | Peer Average |
| Price To Earning | 26.22 X | 3.15 X |
| Price To Book | 5.93 X | 0.39 X |
| Price To Sales | 1.90 X | 0.33 X |
| Beta | 0.44 | |
| One Year Return | 46.60 % | (0.97) % |
| Three Year Return | 17.90 % | 3.23 % |
| Five Year Return | 13.50 % | 1.12 % |
| Ten Year Return | 12.40 % | 1.20 % |
| Net Asset | 80.44 M | 2.29 B |
| Last Dividend Paid | 0.12 | 0.14 |
| Equity Positions Weight | 99.98 % | 52.82 % |
Columbia India 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.
About Columbia India Buy or Sell Advice
When is the right time to buy or sell Columbia India Consumer? Buying financial instruments such as Columbia Etf 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 India 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 India 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. Note that the Columbia India Consumer information on this page should be used as a complementary analysis to other Columbia India'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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
The market value of Columbia India Consumer 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 India's value that differs from its market value or its book value, called intrinsic value, which is Columbia India'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 India's market value can be influenced by many factors that don't directly affect Columbia India'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 India's value and its price as these two are different measures arrived at by different means. Investors typically determine if Columbia India is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbia India'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.