Columbia Amt Free Oregon Fund Quote

COEAX Fund  USD 11.60  0.01  0.09%   

Performance

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Odds Of Distress

Less than 44

 
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Columbia Amt-free is trading at 11.60 as of the 28th of March 2024; that is -0.09 percent decrease since the beginning of the trading day. The fund's open price was 11.61. Columbia Amt-free has about a 44 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Columbia Amt Free Oregon are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of June 2022 and ending today, the 28th of March 2024. Click here to learn more.
Under normal circumstances, the fund invests at least 80 percent of its net assets in municipal securities issued by the State of Oregon and its political subdivisions, agencies, authorities and instrumentalities. While it may invest in securities of any maturity, under normal circumstances, the funds dollar-weighted average maturity will be between three and ten years.. More on Columbia Amt Free Oregon

Columbia Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Columbia Amt-free's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Columbia Amt-free or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationColumbia Threadneedle Funds, Large Funds, Muni Single State Interm Funds, Muni Single State Interm, Columbia Threadneedle (View all Sectors)
Update Date31st of March 2024
Expense Ratio Date1st of December 2022
Fiscal Year EndJuly
Columbia Amt Free Oregon [COEAX] is traded in USA and was established 28th of March 2024. Columbia Amt-free is listed under Columbia Threadneedle category by Fama And French industry classification. The fund is listed under Muni Single State Interm category and is part of Columbia Threadneedle family. This fund currently has accumulated 303.65 M in assets under management (AUM) with no minimum investment requirementsColumbia Amt-free Oregon is currently producing year-to-date (YTD) return of 0.07% with the current yeild of 0.0%, while the total return for the last 3 years was -0.79%.
Check Columbia Amt-free Probability Of Bankruptcy

Instrument Allocation

Columbia Amt-free Target Price Odds Analysis

Based on a normal probability distribution, the odds of Columbia Amt-free jumping above the current price in 90 days from now is about 76.65%. The Columbia Amt Free Oregon probability density function shows the probability of Columbia Amt-free mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Columbia Amt Free Oregon has a beta of -0.0179 suggesting as returns on benchmark increase, returns on holding Columbia Amt-free are expected to decrease at a much lower rate. During the bear market, however, Columbia Amt Free Oregon is likely to outperform the market. Additionally, columbia Amt Free Oregon has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 11.6HorizonTargetOdds Above 11.6
20.27%90 days
 11.60 
76.65%
Based on a normal probability distribution, the odds of Columbia Amt-free to move above the current price in 90 days from now is about 76.65 (This Columbia Amt Free Oregon probability density function shows the probability of Columbia Mutual Fund to fall within a particular range of prices over 90 days) .

Columbia Amt-free Oregon Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Columbia Amt-free market risk premium is the additional return an investor will receive from holding Columbia Amt-free long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Columbia Amt-free. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Columbia Amt-free's alpha and beta are two of the key measurements used to evaluate Columbia Amt-free's performance over the market, the standard measures of volatility play an important role as well.

Columbia Amt-free Against Markets

Picking the right benchmark for Columbia Amt-free mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Columbia Amt-free mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Columbia Amt-free is critical whether you are bullish or bearish towards Columbia Amt Free Oregon at a given time. Please also check how Columbia Amt-free's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Columbia Amt-free without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Columbia Mutual Fund?

Before investing in Columbia Amt-free, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Columbia Amt-free. To buy Columbia Amt-free fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Columbia Amt-free. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Columbia Amt-free fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Columbia Amt Free Oregon fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Columbia Amt Free Oregon fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Columbia Amt Free Oregon, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Columbia Amt Free Oregon?

The danger of trading Columbia Amt Free Oregon is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Columbia Amt-free is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Columbia Amt-free. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Columbia Amt-free Oregon is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Columbia Amt Free Oregon. 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 Amt-free Oregon information on this page should be used as a complementary analysis to other Columbia Amt-free'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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Complementary Tools for Columbia Mutual Fund analysis

When running Columbia Amt-free's price analysis, check to measure Columbia Amt-free's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Columbia Amt-free is operating at the current time. Most of Columbia Amt-free's value examination focuses on studying past and present price action to predict the probability of Columbia Amt-free's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Columbia Amt-free's price. Additionally, you may evaluate how the addition of Columbia Amt-free to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Columbia Amt-free's value and its price as these two are different measures arrived at by different means. Investors typically determine if Columbia Amt-free is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbia Amt-free'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.