Columbia Mid Cap Fund One Year Return
| CMVRX Fund | USD 13.22 0.03 0.23% |
Columbia Mid Cap fundamentals help investors to digest information that contributes to Columbia Mid's financial success or failures. It also enables traders to predict the movement of Columbia Mutual Fund. The fundamental analysis module provides a way to measure Columbia Mid's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Columbia Mid mutual fund.
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Columbia Mid Cap Mutual Fund One Year Return Analysis
Columbia Mid's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Columbia Mid One Year Return | 13.41 % |
Most of Columbia Mid's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Columbia Mid Cap is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, Columbia Mid Cap has an One Year Return of 13.4099%. This is 66.17% higher than that of the Columbia family and significantly higher than that of the Mid-Cap Value category. The one year return for all United States funds is notably lower than that of the firm.
Columbia One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Columbia Mid's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Columbia Mid could also be used in its relative valuation, which is a method of valuing Columbia Mid by comparing valuation metrics of similar companies.Columbia Mid is currently under evaluation in one year return among similar funds.
Fund Asset Allocation for Columbia Mid
The fund consists of 96.2% investments in stocks, with the rest of investments allocated between different money market instruments.Asset allocation divides Columbia Mid's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Columbia Fundamentals
| Price To Earning | 17.90 X | |||
| Price To Book | 1.82 X | |||
| Price To Sales | 1.59 X | |||
| Total Asset | 2.44 B | |||
| Annual Yield | 0.01 % | |||
| Year To Date Return | 3.81 % | |||
| One Year Return | 13.41 % | |||
| Three Year Return | 4.94 % | |||
| Five Year Return | 9.45 % | |||
| Ten Year Return | 8.02 % | |||
| Net Asset | 1.87 B | |||
| Cash Position Weight | 3.80 % | |||
| Equity Positions Weight | 96.20 % |
About Columbia Mid Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Columbia Mid Cap's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Columbia Mid using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Columbia Mid Cap based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Columbia Mid in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Columbia Mid's short interest history, or implied volatility extrapolated from Columbia Mid options trading.
Pair Trading with Columbia Mid
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Columbia Mid position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Columbia Mid will appreciate offsetting losses from the drop in the long position's value.Moving together with Columbia Mutual Fund
| 0.87 | CUSHX | Columbia Ultra Short | PairCorr |
| 1.0 | CVERX | Columbia Mid Cap | PairCorr |
| 0.92 | CVVRX | Columbia Small Cap | PairCorr |
The ability to find closely correlated positions to Columbia Mid could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Columbia Mid when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Columbia Mid - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Columbia Mid Cap to buy it.
The correlation of Columbia Mid is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Columbia Mid moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Columbia Mid Cap moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Columbia Mid can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Columbia Mid 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 metropolitan statistical area. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.