Columbia Small Cap Fund Technical Analysis
| CVVRX Fund | USD 50.91 0.47 0.91% |
As of the 16th of April 2024, Columbia Small shows the Risk Adjusted Performance of 0.0105, mean deviation of 0.9353, and Downside Deviation of 1.32. Columbia Small Cap technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the entity's future prices. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Columbia Small Cap, which can be compared to its peers. Please confirm Columbia Small Cap downside deviation, treynor ratio, as well as the relationship between the Treynor Ratio and expected short fall to decide if Columbia Small Cap is priced correctly, providing market reflects its regular price of 50.91 per share.
Columbia Small Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Columbia, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ColumbiaColumbia |
Columbia Small 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.
Columbia Small Cap Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Columbia Small Cap volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Columbia Small Cap Trend Analysis
Use this graph to draw trend lines for Columbia Small Cap. You can use it to identify possible trend reversals for Columbia Small as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Columbia Small price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Columbia Small Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Columbia Small Cap applied against its price change over selected period. The best fit line has a slop of 0.05 , which means Columbia Small Cap will continue generating value for investors. It has 122 observation points and a regression sum of squares at 89.64, which is the sum of squared deviations for the predicted Columbia Small price change compared to its average price change.About Columbia Small Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Columbia Small Cap on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Columbia Small Cap based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Columbia Small Cap price pattern first instead of the macroeconomic environment surrounding Columbia Small Cap. By analyzing Columbia Small's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Columbia Small's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Columbia Small specific price patterns or momentum indicators. Please read more on our technical analysis page.
Columbia Small April 16, 2024 Technical Indicators
Most technical analysis of Columbia help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Columbia from various momentum indicators to cycle indicators. When you analyze Columbia charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0105 | |||
| Market Risk Adjusted Performance | 0.0105 | |||
| Mean Deviation | 0.9353 | |||
| Semi Deviation | 1.3 | |||
| Downside Deviation | 1.32 | |||
| Coefficient Of Variation | 11166.84 | |||
| Standard Deviation | 1.22 | |||
| Variance | 1.48 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 5.0E-4 | |||
| Maximum Drawdown | 5.9 | |||
| Value At Risk | (1.89) | |||
| Potential Upside | 2.16 | |||
| Downside Variance | 1.76 | |||
| Semi Variance | 1.69 | |||
| Expected Short fall | (0.92) | |||
| Skewness | (0.47) | |||
| Kurtosis | 1.14 |
Columbia Small Cap One Year Return
Based on the recorded statements, Columbia Small Cap has an One Year Return of 19.9353%. This is 147.03% higher than that of the Columbia family and significantly higher than that of the Small Value category. The one year return for all United States funds is notably lower than that of the firm.
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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Columbia Small 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.