Columbia Select Backtesting

CMUAX -- USA Fund  

USD 10.68  0.15  1.42%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Columbia Select Mid Cap Value F and determine expected loss or profit from investing in Columbia Select over given investment horizon. Check also Columbia Select Hype Analysis, Columbia Select Correlation, Portfolio Optimization, Columbia Select Volatility as well as analyze Columbia Select Alpha and Beta and Columbia Select Performance.
Horizon     30 Days    Login   to change
SymbolX
Backtest

Columbia Select 'What if' Analysis

July 18, 2019
0.00
No Change 0.00  0.0 
In 2 months and 31 days
October 16, 2019
0.00
If you would invest  0.00  in Columbia Select on July 18, 2019 and sell it all today you would earn a total of 0.00 from holding Columbia Select Mid Cap Value F or generate 0.0% return on investment in Columbia Select over 90 days. Columbia Select is related to or competes with JPMorgan Mid, JPMorgan Mid, John Hancock, T Rowe, Victory Sycamore, WF Special, and WF Special. Under normal circumstances, the fund invests at least 80 percent of its net assets in equity securities of companies tha...

Columbia Select Upside/Downside Indicators

Information Ratio0.002
Maximum Drawdown4.51
Value At Risk(2.26)
Potential Upside1.36

Columbia Select Market Premium Indicators

Risk Adjusted Performance(0.01127)
Jensen Alpha(0.023796)
Total Risk Alpha0.0028
Treynor Ratio0.2843

Columbia Select Mid Backtested Returns

Macroaxis considers Columbia Select to be somewhat reliable. Columbia Select Mid secures Sharpe Ratio (or Efficiency) of -0.0066 which signifies that the fund had -0.0066% of return per unit of risk over the last 3 months. Macroaxis philosophy towards foreseeing risk of any fund is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Columbia Select Mid Cap Value F exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Columbia Select Mid Risk Adjusted Performance of (0.01127) and Mean Deviation of 0.7541 to double-check risk estimate we provide. The organization shows Beta (market volatility) of -0.0772 which signifies that as returns on market increase, returns on owning Columbia Select are expected to decrease at a much smaller rate. During bear market, Columbia Select is likely to outperform the market. Even though it is essential to pay attention to Columbia Select Mid historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards foreseeing future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Columbia Select Mid Cap Value F exposes twenty-one different technical indicators which can help you to evaluate its performance.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.26 
correlation synergy

Poor predictability

Columbia Select Mid Cap Value F has poor predictability. Overlapping area represents the amount of predictability between Columbia Select time series from July 18, 2019 to September 1, 2019 and September 1, 2019 to October 16, 2019. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Columbia Select Mid price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current Columbia Select price fluctuation can be explain by its past prices.
Correlation Coefficient0.26
Spearman Rank Test0.35
Residual Average0.0
Price Variance0.03

Columbia Select Mid lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Columbia Select regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Columbia Select Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - CMUAX

Columbia Select Mid Investor Sentiment

Most of Macroaxis users are currently bullish on Columbia Select Mid Cap Value F. What is your opinion about investing in Columbia Select Mid Cap Value F? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Columbia Select Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Columbia Select and JPMorgan Mid Cap. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run Pair Correlation  
Check also Columbia Select Hype Analysis, Columbia Select Correlation, Portfolio Optimization, Columbia Select Volatility as well as analyze Columbia Select Alpha and Beta and Columbia Select Performance. Please also try My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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