Columbia High Correlations

Mutual Funds . USA . 
Fund . Columbia High Yield
CHYYX Fund  USD 11.11  0.06  0.54%   
The current 90-days correlation between Columbia High Yield and Versatile Bond Portfolio is 0.17 (i.e., Average diversification). The correlation of Columbia High 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 correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Columbia High Correlation With Market

Significant diversification

The correlation between Columbia High Yield and DJI is 0.07 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Columbia High Yield and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Columbia High Yield. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in world development indicators.

Moving together with Columbia Mutual Fund

  0.92SRINX Columbia Porate IncomePairCorr
  0.8CUSBX Columbia Ultra ShortPairCorr
  0.89CUTRX Columbia Treasury IndexPairCorr
  0.85CDAZX Multi Manager DirectPairCorr
  0.86CUURX Columbia Small CapPairCorr
  0.87CUTYX Columbia Treasury IndexPairCorr
  0.83CDDYX Columbia Dividend IncomePairCorr
  0.83CDDRX Columbia Dividend IncomePairCorr
  0.85CDEYX Columbia DiversifiedPairCorr
  0.83CDIRX Columbia Dividend IncomePairCorr
  0.92AMTCX Columbia Capital AllPairCorr
  0.84CDOZX Columbia DividendPairCorr
  0.88CDOYX Columbia DividendPairCorr
  0.86CVERX Columbia Mid CapPairCorr
  0.89CDVZX Columbia DiversifiedPairCorr
  0.91CVQZX Columbia DisciplinedPairCorr
  0.9CEBYX Columbia Emerging MarketsPairCorr
  0.9CEBRX Columbia Emerging MarketsPairCorr
  0.86CECYX Columbia Large CapPairCorr
  0.88SSVIX Columbia Select SmallerPairCorr
  0.83CEKYX Columbia Emerging MarketsPairCorr
  1.0CEPRX Columbia Income OppoPairCorr
  0.88CEVYX Columbia Global EquityPairCorr
  0.92CEVZX Columbia Global EquityPairCorr
  0.94RPCCX Columbia Capital AllPairCorr
  0.86GEGTX Columbia Large CapPairCorr
  0.89CFCYX Columbia Flexible CapitalPairCorr
  0.74CLM Cornerstone StrategicPairCorr
  0.86CFIZX Columbia Flexible CapitalPairCorr
  0.85SCIRX Columbia SeligmanPairCorr
  0.93LIBCX Columbia Total ReturnPairCorr
  0.91CFRZX Columbia Floating RatePairCorr
  0.91CFRYX Columbia Floating RatePairCorr
  0.85SCMIX Columbia SeligmanPairCorr
  0.89CFXRX Columbia Flexible CapitalPairCorr
  1.0APECX Columbia High YieldPairCorr
  0.86CGCYX Columbia Greater ChinaPairCorr
  0.81CGFYX Columbia Large CapPairCorr

Related Correlations Analysis


Risk-Adjusted Indicators

There is a big difference between Columbia Mutual Fund performing well and Columbia High Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Columbia High's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2025 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY