Columbia Select Correlations

Mutual Funds . USA . 
Fund . Columbia Select Large
CSPIX Fund  USD 15.45  0.04  0.26%   
The current 90-days correlation between Columbia Select Large and Retirement Living Through is 0.8 (i.e., Very poor diversification). The correlation of Columbia Select 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 Select Correlation With Market

Very poor diversification

The correlation between Columbia Select Large and DJI is 0.86 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Columbia Select Large 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 Select Large. 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 gross domestic product.

Moving together with Columbia Mutual Fund

  0.7SRINX Columbia Porate IncomePairCorr
  0.85CUSBX Columbia Ultra ShortPairCorr
  0.85CDAZX Multi Manager DirectPairCorr
  0.93CUURX Columbia Small CapPairCorr
  0.94CDDYX Columbia Dividend IncomePairCorr
  0.94CDDRX Columbia Dividend IncomePairCorr
  0.95CDEYX Columbia DiversifiedPairCorr
  0.93CDIRX Columbia Dividend IncomePairCorr
  0.9AMTCX Columbia Capital AllPairCorr
  0.91CDOZX Columbia DividendPairCorr
  0.91CDOYX Columbia DividendPairCorr
  0.95CVERX Columbia Mid CapPairCorr
  0.94CDVZX Columbia DiversifiedPairCorr
  0.96CVQZX Columbia DisciplinedPairCorr
  0.83CEBYX Columbia Emerging MarketsPairCorr
  0.83CEBRX Columbia Emerging MarketsPairCorr
  0.94CECYX Columbia Large CapPairCorr
  0.95SSVIX Columbia Select SmallerPairCorr
  0.93CEKYX Columbia Emerging MarketsPairCorr
  0.93CEKRX Columbia Emerging MarketsPairCorr
  0.9CEPRX Columbia Income OppoPairCorr
  0.89CEVYX Columbia Global EquityPairCorr
  0.89CEVZX Columbia Global EquityPairCorr
  0.82RPCCX Columbia Capital AllPairCorr
  0.93GEGTX Columbia Large CapPairCorr
  0.9CFCYX Columbia Flexible CapitalPairCorr
  0.91CFCIX Columbia Large CapPairCorr
  0.87CLM Cornerstone StrategicPairCorr
  0.9CFIZX Columbia Flexible CapitalPairCorr
  0.91SCIRX Columbia SeligmanPairCorr
  0.92CFRZX Columbia Floating RatePairCorr
  0.92CFRYX Columbia Floating RatePairCorr
  0.91SCMIX Columbia SeligmanPairCorr
  0.9CFXRX Columbia Flexible CapitalPairCorr
  0.91APECX Columbia High YieldPairCorr
  0.85CGCYX Columbia Greater ChinaPairCorr
  0.95CGEZX Columbia Select GlobalPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Columbia Mutual Fund performing well and Columbia Select 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 Select'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