Columbia Thermostat Fund Quote

CYYYX Fund  USD 15.46  0.05  0.32%   

Performance

0 of 100

 
Low
 
High
Very Weak

Odds Of Distress

Less than 44

 
100  
 
Zero
Below Average
Columbia Thermostat is trading at 15.46 as of the 28th of March 2024; that is 0.32 percent increase since the beginning of the trading day. The fund's open price was 15.41. Columbia Thermostat has about a 44 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Columbia Thermostat Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
The fund is primarily managed as a fund that invests in other funds that seeks to achieve its investment objective by investing its assets among a selected group of underlying stock and bond mutual funds and ETFs. It allocates at least 95 percent of its net assets among the portfolio funds according to an asset allocation table based on the current level of the Standard Poors 500 Index. More on Columbia Thermostat Fund

Moving together with Columbia Mutual Fund

  0.66SRINX Columbia Porate IncomePairCorr
  0.66CUTRX Columbia Us TreasuryPairCorr

Columbia Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Columbia Thermostat's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Columbia Thermostat or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationColumbia Funds, Large Blend Funds, Tactical Allocation Funds, Tactical Allocation, Columbia (View all Sectors)
Update Date31st of March 2024
Columbia Thermostat Fund [CYYYX] is traded in USA and was established 28th of March 2024. Columbia Thermostat is listed under Columbia category by Fama And French industry classification. The fund is listed under Tactical Allocation category and is part of Columbia family. This fund currently has accumulated 711.58 M in assets under management (AUM) with minimum initial investment of 1000 K. Columbia Thermostat Fund is currently producing year-to-date (YTD) return of 0.13% with the current yeild of 0.03%, while the total return for the last 3 years was 0.6%.
Check Columbia Thermostat Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Columbia Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Columbia Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Columbia Thermostat Fund Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Columbia Thermostat Fund Mutual Fund Constituents

CCWRXColumbia Select LargeMutual FundLarge Growth
COFYXColumbia Trarian EMutual FundLarge Blend
RECSColumbia ETF TrustEtfLarge Blend
DIALColumbia Diversified FixedEtfMultisector Bond
CUTYXColumbia Us TreasuryMutual FundIntermediate Government
CUGYXColumbia Us GovernmentMutual FundIntermediate Core-Plus Bond
CSBYXColumbia Short TermMutual FundShort-Term Bond
More Details

Columbia Thermostat Target Price Odds Analysis

Based on a normal probability distribution, the odds of Columbia Thermostat jumping above the current price in 90 days from now is about 6.4%. The Columbia Thermostat Fund probability density function shows the probability of Columbia Thermostat mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Columbia Thermostat has a beta of 0.4123 suggesting as returns on the market go up, Columbia Thermostat average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Columbia Thermostat Fund will be expected to be much smaller as well. Additionally, columbia Thermostat Fund has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 15.46HorizonTargetOdds Above 15.46
93.02%90 days
 15.46 
6.40%
Based on a normal probability distribution, the odds of Columbia Thermostat to move above the current price in 90 days from now is about 6.4 (This Columbia Thermostat Fund probability density function shows the probability of Columbia Mutual Fund to fall within a particular range of prices over 90 days) .

Columbia Thermostat Fund Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Columbia Thermostat market risk premium is the additional return an investor will receive from holding Columbia Thermostat long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Columbia Thermostat. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Columbia Thermostat's alpha and beta are two of the key measurements used to evaluate Columbia Thermostat's performance over the market, the standard measures of volatility play an important role as well.

Columbia Thermostat Against Markets

Picking the right benchmark for Columbia Thermostat mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Columbia Thermostat mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Columbia Thermostat is critical whether you are bullish or bearish towards Columbia Thermostat Fund at a given time. Please also check how Columbia Thermostat's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Columbia Thermostat without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Alpha Finder Now

   

Alpha Finder

Use alpha and beta coefficients to find investment opportunities after accounting for the risk
All  Next Launch Module

How to buy Columbia Mutual Fund?

Before investing in Columbia Thermostat, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Columbia Thermostat. To buy Columbia Thermostat fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Columbia Thermostat. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Columbia Thermostat fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Columbia Thermostat Fund fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Columbia Thermostat Fund fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Columbia Thermostat Fund, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Columbia Thermostat Fund?

The danger of trading Columbia Thermostat Fund is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Columbia Thermostat is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Columbia Thermostat. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Columbia Thermostat Fund is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Columbia Thermostat Fund. 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 manufacturing.
You can also try the Stocks Directory module to find actively traded stocks across global markets.

Complementary Tools for Columbia Mutual Fund analysis

When running Columbia Thermostat's price analysis, check to measure Columbia Thermostat'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 Thermostat is operating at the current time. Most of Columbia Thermostat's value examination focuses on studying past and present price action to predict the probability of Columbia Thermostat'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 Thermostat's price. Additionally, you may evaluate how the addition of Columbia Thermostat to your portfolios can decrease your overall portfolio volatility.
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Money Managers
Screen money managers from public funds and ETFs managed around the world
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Fundamental Analysis
View fundamental data based on most recent published financial statements
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Please note, there is a significant difference between Columbia Thermostat's value and its price as these two are different measures arrived at by different means. Investors typically determine if Columbia Thermostat is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbia Thermostat'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.