Columbia Limited Duration Fund Market Value

CLDZX Fund  USD 9.70  0.01  0.10%   
Columbia Limited's market value is the price at which a share of Columbia Limited trades on a public exchange. It measures the collective expectations of Columbia Limited Duration investors about its performance. Columbia Limited is trading at 9.70 as of the 13th of June 2024; that is 0.10 percent up since the beginning of the trading day. The fund's open price was 9.69.
With this module, you can estimate the performance of a buy and hold strategy of Columbia Limited Duration and determine expected loss or profit from investing in Columbia Limited over a given investment horizon. Check out Columbia Limited Correlation, Columbia Limited Volatility and Columbia Limited Alpha and Beta module to complement your research on Columbia Limited.

Please note, there is a significant difference between Columbia Limited's value and its price as these two are different measures arrived at by different means. Investors typically determine if Columbia Limited is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbia Limited'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.

Columbia Limited '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 Limited'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 Limited.
No Change 0.00  0.0 
In 2 months and 2 days
If you would invest  0.00  in Columbia Limited on April 14, 2024 and sell it all today you would earn a total of 0.00 from holding Columbia Limited Duration or generate 0.0% return on investment in Columbia Limited over 60 days. Columbia Limited is related to or competes with Columbia Porate, Columbia Ultra, Columbia Ultra, Columbia Treasury, Multi Manager, Columbia Treasury, and Columbia Government. Under normal circumstances, the fund invests at least 80 percent of its net assets in corporate bonds More

Columbia Limited 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 Limited'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 Limited Duration upside and downside potential and time the market with a certain degree of confidence.

Columbia Limited Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Columbia Limited's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Columbia Limited's standard deviation. In reality, there are many statistical measures that can use Columbia Limited historical prices to predict the future Columbia Limited's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Columbia Limited'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.
Band Projection (param)
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Columbia Limited. Your research has to be compared to or analyzed against Columbia Limited's peers to derive any actionable benefits. When done correctly, Columbia Limited's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Columbia Limited Duration.

Columbia Limited Duration Backtested Returns

We consider Columbia Limited very steady. Columbia Limited Duration secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the fund had a 0.13% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Columbia Limited Duration, which you can use to evaluate the volatility of the entity. Please confirm Columbia Limited's Mean Deviation of 0.1136, downside deviation of 0.2007, and Risk Adjusted Performance of 0.0277 to double-check if the risk estimate we provide is consistent with the expected return of 0.0202%. The fund shows a Beta (market volatility) of 0.0813, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Columbia Limited's returns are expected to increase less than the market. However, during the bear market, the loss of holding Columbia Limited is expected to be smaller as well.



Very good predictability

Columbia Limited Duration has very good predictability. Overlapping area represents the amount of predictability between Columbia Limited time series from 14th of April 2024 to 14th of May 2024 and 14th of May 2024 to 13th of June 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 Limited Duration price movement. The serial correlation of 0.87 indicates that approximately 87.0% of current Columbia Limited price fluctuation can be explain by its past prices.
Correlation Coefficient0.87
Spearman Rank Test0.7
Residual Average0.0
Price Variance0.0

Columbia Limited Duration lagged returns against current returns

Autocorrelation, which is Columbia Limited 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 Limited's mutual fund expected returns. We can calculate the autocorrelation of Columbia Limited returns to help us make a trade decision. For example, suppose you find that Columbia Limited 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   

Columbia Limited 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 Limited mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Columbia Limited 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 Limited mutual fund over time.
   Current vs Lagged Prices   

Columbia Limited Lagged Returns

When evaluating Columbia Limited's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Columbia Limited mutual fund have on its future price. Columbia Limited 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 Limited autocorrelation shows the relationship between Columbia Limited mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Columbia Limited Duration.
   Regressed Prices   

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Other Information on Investing in Columbia Mutual Fund

Columbia Limited financial ratios help investors to determine whether Columbia Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Columbia with respect to the benefits of owning Columbia Limited security.
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