Columbia Small Cap Fund Price on February 21, 2024
| NMSAX Fund | USD 24.39 0.10 0.41% |
Below is the normalized historical share price chart for Columbia Small Cap extending back to September 22, 1999. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Columbia Small stands at 24.39, as last reported on the 11th of May 2024, with the highest price reaching 24.39 and the lowest price hitting 24.39 during the day.
If you're considering investing in Columbia Mutual Fund, it is important to understand the factors that can impact its price. We consider Columbia Small very steady. Columbia Small Cap secures Sharpe Ratio (or Efficiency) of 0.0247, which signifies that the fund had a 0.0247% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Columbia Small Cap, which you can use to evaluate the volatility of the entity. Please confirm Columbia Small's Risk Adjusted Performance of 0.0552, mean deviation of 0.8717, and Downside Deviation of 1.26 to double-check if the risk estimate we provide is consistent with the expected return of 0.0279%.
Columbia Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Columbia |
Sharpe Ratio = 0.0247
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NMSAX |
Estimated Market Risk
| 1.13 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 Small 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 Small by adding it to a well-diversified portfolio.
Columbia Small Valuation on February 21, 2024
It is possible to determine the worth of Columbia Small on a given historical date. On February 21, 2024 Columbia was worth 23.64 at the beginning of the trading date compared to the closed value of 23.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Columbia Small mutual fund. Still, in general, we apply an absolute valuation method to find Columbia Small's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Columbia Small where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Columbia Small's related companies.
| Open | High | Low | Close | Volume | |
| 23.70 | 23.70 | 23.70 | 23.70 | 1.00 | |
02/21/2024 | 23.64 | 23.64 | 23.64 | 23.64 | 1.00 |
| 23.71 | 23.71 | 23.71 | 23.71 | 1.00 |
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Columbia Small Trading Date Momentum on February 21, 2024
| On February 22 2024 Columbia Small Cap was traded for 23.71 at the closing time. The highest daily price throughout the period was 23.71 and the lowest price was 23.71 . There was no trading activity during the period 1.0. Lack of trading volume on 02/22/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.30% . The overall trading delta to current closing price is 1.31% . |
Columbia Small Cap Fundamentals Correlations and Trends
By evaluating Columbia Small's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Columbia Small's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Columbia financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Columbia Small Mutual Fund history
Columbia Small investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Columbia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Columbia Small Cap will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Columbia Small stock prices may prove useful in developing a viable investing in Columbia Small
Under normal circumstances, the fund invests at least 80 percent of its net assets in common stocks that comprise the SP SmallCap 600 Index. The Investment Manager attempts to achieve at least a 95 percent correlation between the performance of the index and the funds investment results, before fees and expenses. The fund may invest in derivatives, such as futures , for cash equitization purposes.
Columbia Small Mutual Fund Technical Analysis
Columbia Small technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Columbia Small Period Price Range
Low | February 21, 2024
| High |
23.64 | 23.64 |
Columbia Small May 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Columbia Small mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Columbia Small shares will generate the highest return on investment. By undertsting and applying Columbia Small mutual fund market strength indicators, traders can identify Columbia Small Cap entry and exit signals to maximize returns
Columbia Small Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Columbia Small's price direction in advance. Along with the technical and fundamental analysis of Columbia Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Columbia to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0552 | |||
| Jensen Alpha | 0.0838 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0083 | |||
| Treynor Ratio | (76.09) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Columbia Small Cap. 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 Small Cap information on this page should be used as a complementary analysis to other Columbia Small'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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.