Columbia Select Large Fund Manager Performance Evaluation

NSGAX Fund  USD 19.94  0.13  0.65%   
The fund shows a Beta (market volatility) of 0.95, which signifies possible diversification benefits within a given portfolio. Columbia Select returns are very sensitive to returns on the market. As the market goes up or down, Columbia Select is expected to follow.

Risk-Adjusted Performance

6 of 100

 
Weak
 
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Compared to the overall equity markets, risk-adjusted returns on investments in Columbia Select Large are ranked lower than 6 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Columbia Select is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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Expense Ratio Date1st of July 2023
Expense Ratio0.8500
  

Columbia Select Relative Risk vs. Return Landscape

If you would invest  1,923  in Columbia Select Large on January 19, 2024 and sell it today you would earn a total of  71.00  from holding Columbia Select Large or generate 3.69% return on investment over 90 days. Columbia Select Large is currently producing 0.0601% returns and takes up 0.7229% volatility of returns over 90 trading days. Put another way, 6% of traded mutual funds are less volatile than Columbia, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days horizon Columbia Select is expected to generate 1.09 times less return on investment than the market. In addition to that, the company is 1.16 times more volatile than its market benchmark. It trades about 0.08 of its total potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.11 per unit of volatility.

Columbia Select Current Valuation

Fairly Valued
Today
19.94
Please note that Columbia Select's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Columbia Select Large shows a prevailing Real Value of $19.96 per share. The current price of the fund is $19.94. We determine the value of Columbia Select Large from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will blend.
Our valuation method for Columbia Select Large is useful when determining the fair value of the Columbia mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Columbia Select. Since Columbia Select is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Columbia Mutual Fund. However, Columbia Select's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  19.94 Real  19.96 Hype  19.94 Naive  19.73
The real value of Columbia Mutual Fund, also known as its intrinsic value, is the underlying worth of Columbia Select Large Mutual Fund, which is reflected in its stock price. It is based on Columbia Select's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Columbia Select's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Columbia Select's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
19.96
Real Value
20.68
Upside
Estimating the potential upside or downside of Columbia Select Large helps investors to forecast how Columbia mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Columbia Select more accurately as focusing exclusively on Columbia Select's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
19.9820.4420.90
Details
Hype
Prediction
LowEstimatedHigh
19.2219.9420.66
Details
Potential
Annual Dividend
LowForecastedHigh
0.010.010.01
Details

Columbia Select Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Columbia Select's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Columbia Select Large, and traders can use it to determine the average amount a Columbia Select's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0832

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Estimated Market Risk

 0.72
  actual daily
6
94% of assets are more volatile

Expected Return

 0.06
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.08
  actual daily
6
94% of assets perform better
Based on monthly moving average Columbia Select is performing at about 6% 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 Select by adding it to a well-diversified portfolio.

Columbia Select Fundamentals Growth

Columbia Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Columbia Select, and Columbia Select fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Columbia Mutual Fund performance.

About Columbia Select Performance

To evaluate Columbia Select Large Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Columbia Select generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Columbia Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Columbia Select Large market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Columbia's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Under normal circumstances, the fund invests at least 80 percent of its net assets in equity securities of companies that have market capitalizations, at the time of purchase, in the range of companies in the Standard Poors 500 Index . It may invest up to 20 percent of its total assets in foreign securities. The fund normally invests in common stocks, preferred stocks and convertible securities and may invest in exchange-traded funds.

Things to note about Columbia Select Large performance evaluation

Checking the ongoing alerts about Columbia Select for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Columbia Select Large help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The fund maintains 99.37% of its assets in stocks
Evaluating Columbia Select's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Columbia Select's mutual fund performance include:
  • Analyzing Columbia Select's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Columbia Select's stock is overvalued or undervalued compared to its peers.
  • Examining Columbia Select's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Columbia Select's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Columbia Select's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of Columbia Select's mutual fund. These opinions can provide insight into Columbia Select's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Columbia Select's mutual fund performance is not an exact science, and many factors can impact Columbia Select's mutual fund market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Columbia Select Large. 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 Select Large information on this page should be used as a complementary analysis to other Columbia Select'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 Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Please note, there is a significant difference between Columbia Select's value and its price as these two are different measures arrived at by different means. Investors typically determine if Columbia Select is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbia Select'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.