Columbia Flexible Capital Fund Market Value
| CFIAX Fund | USD 13.16 0.12 0.90% |
| Symbol | Columbia |
Columbia Flexible 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Columbia Flexible's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Columbia Flexible.
| 06/11/2022 |
| 05/31/2024 |
If you would invest 0.00 in Columbia Flexible on June 11, 2022 and sell it all today you would earn a total of 0.00 from holding Columbia Flexible Capital or generate 0.0% return on investment in Columbia Flexible over 720 days. Columbia Flexible is related to or competes with Ep Emerging, Knife River, Koppers Holdings, Precious Metals, Origin Agritech, Azek, and Aquestive Therapeutics. The fund invests broadly in debt, equity andor hybrid securities More
Columbia Flexible Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Columbia Flexible's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Columbia Flexible Capital upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5538 | |||
| Information Ratio | 0.0124 | |||
| Maximum Drawdown | 2.26 | |||
| Value At Risk | (0.82) | |||
| Potential Upside | 0.5389 |
Columbia Flexible Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Columbia Flexible's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Columbia Flexible's standard deviation. In reality, there are many statistical measures that can use Columbia Flexible historical prices to predict the future Columbia Flexible's volatility.| Risk Adjusted Performance | 0.0369 | |||
| Jensen Alpha | 0.0175 | |||
| Total Risk Alpha | 0.0093 | |||
| Sortino Ratio | 0.0095 | |||
| Treynor Ratio | 0.1945 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Columbia Flexible's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Columbia Flexible Capital Backtested Returns
We consider Columbia Flexible very steady. Columbia Flexible Capital secures Sharpe Ratio (or Efficiency) of 0.0365, which signifies that the fund had a 0.0365% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Columbia Flexible Capital, which you can use to evaluate the volatility of the entity. Please confirm Columbia Flexible's Downside Deviation of 0.5538, risk adjusted performance of 0.0369, and Mean Deviation of 0.3201 to double-check if the risk estimate we provide is consistent with the expected return of 0.0157%. The fund shows a Beta (market volatility) of 0.0965, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Columbia Flexible's returns are expected to increase less than the market. However, during the bear market, the loss of holding Columbia Flexible is expected to be smaller as well.
Auto-correlation | 0.27 |
Poor predictability
Columbia Flexible Capital has poor predictability. Overlapping area represents the amount of predictability between Columbia Flexible time series from 11th of June 2022 to 6th of June 2023 and 6th of June 2023 to 31st of May 2024. 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 Flexible Capital price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Columbia Flexible price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.24 |
Columbia Flexible Capital lagged returns against current returns
Autocorrelation, which is Columbia Flexible mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Columbia Flexible's mutual fund expected returns. We can calculate the autocorrelation of Columbia Flexible returns to help us make a trade decision. For example, suppose you find that Columbia Flexible has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Columbia Flexible regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Columbia Flexible mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Columbia Flexible mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Columbia Flexible mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Columbia Flexible Lagged Returns
When evaluating Columbia Flexible's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Columbia Flexible mutual fund have on its future price. Columbia Flexible autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Columbia Flexible autocorrelation shows the relationship between Columbia Flexible mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Columbia Flexible Capital.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Columbia Flexible Correlation, Columbia Flexible Volatility and Columbia Flexible Alpha and Beta module to complement your research on Columbia Flexible. Note that the Columbia Flexible Capital information on this page should be used as a complementary analysis to other Columbia Flexible'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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Columbia Flexible 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.