Columbia Flexible Capital Fund Market Value

CFIGX Fund  USD 13.28  0.14  1.07%   
Columbia Flexible's market value is the price at which a share of Columbia Flexible trades on a public exchange. It measures the collective expectations of Columbia Flexible Capital investors about its performance. Columbia Flexible is trading at 13.28 as of the 28th of March 2024; that is 1.07% increase since the beginning of the trading day. The fund's open price was 13.14.
With this module, you can estimate the performance of a buy and hold strategy of Columbia Flexible Capital and determine expected loss or profit from investing in Columbia Flexible over a given investment horizon. Check out Columbia Flexible Correlation, Columbia Flexible Volatility and Columbia Flexible Alpha and Beta module to complement your research on Columbia Flexible.
Symbol

Please note, there is a significant difference between Columbia Flexible's value and its price as these two are different measures arrived at by different means. Investors typically determine if Columbia Flexible is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbia Flexible'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 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.
0.00
04/08/2022
No Change 0.00  0.0 
In 1 year 11 months and 22 days
03/28/2024
0.00
If you would invest  0.00  in Columbia Flexible on April 8, 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 Columbia Large, Columbia Ultra, Columbia Integrated, Columbia Integrated, Columbia Integrated, Columbia Integrated, and Columbia Integrated. 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.

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.
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.
Hype
Prediction
LowEstimatedHigh
0.000.000.42
Details
Intrinsic
Valuation
LowRealHigh
0.000.000.42
Details
Naive
Forecast
LowNextHigh
12.8013.2213.65
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
13.1013.2313.37
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Columbia Flexible. Your research has to be compared to or analyzed against Columbia Flexible's peers to derive any actionable benefits. When done correctly, Columbia Flexible'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 Flexible Capital.

Columbia Flexible Capital Backtested Returns

We consider Columbia Flexible out of control. Columbia Flexible Capital secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the fund had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Columbia Flexible Capital, which you can use to evaluate the volatility of the entity. Please confirm Columbia Flexible's Mean Deviation of 0.319, downside deviation of 0.5032, and Risk Adjusted Performance of 0.0732 to double-check if the risk estimate we provide is consistent with the expected return of 0.0502%. The fund shows a Beta (market volatility) of 0.68, which signifies possible diversification benefits within a given portfolio. 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

    
  0.04  

Virtually no predictability

Columbia Flexible Capital has virtually no predictability. Overlapping area represents the amount of predictability between Columbia Flexible time series from 8th of April 2022 to 3rd of April 2023 and 3rd of April 2023 to 28th of March 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 0.04 indicates that only as little as 4.0% of current Columbia Flexible price fluctuation can be explain by its past prices.
Correlation Coefficient0.04
Spearman Rank Test-0.22
Residual Average0.0
Price Variance0.18

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  

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 Flexible 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 Flexible's short interest history, or implied volatility extrapolated from Columbia Flexible options trading.

Pair Trading with Columbia Flexible

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 Flexible 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 Flexible will appreciate offsetting losses from the drop in the long position's value.

Moving together with Columbia Mutual Fund

  0.63NFEAX Columbia Large CapPairCorr
  0.64CUSOX Columbia Ultra ShortPairCorr
  0.61ILGCX Columbia Integrated LargePairCorr
  0.61ILGEX Columbia Integrated LargePairCorr
  0.61ILGDX Columbia Integrated LargePairCorr
The ability to find closely correlated positions to Columbia Flexible 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 Flexible 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 Flexible - 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 Flexible Capital to buy it.
The correlation of Columbia Flexible 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 Flexible moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Columbia Flexible Capital 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 Flexible 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.
Pair CorrelationCorrelation Matching
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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Complementary Tools for Columbia Mutual Fund analysis

When running Columbia Flexible's price analysis, check to measure Columbia Flexible'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 Flexible is operating at the current time. Most of Columbia Flexible's value examination focuses on studying past and present price action to predict the probability of Columbia Flexible'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 Flexible's price. Additionally, you may evaluate how the addition of Columbia Flexible to your portfolios can decrease your overall portfolio volatility.
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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.
A focus of Columbia Flexible technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Columbia Flexible trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...