Columbia Convertible Securities Fund Fundamentals
| NCIDX Fund | 23.43 0.31 1.31% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Columbia Convertible's long-term financial health and intrinsic value.
Columbia |
Columbia Convertible Securities Mutual Fund Net Asset Analysis
Columbia Convertible's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Columbia Convertible Net Asset | 1.16 B |
Most of Columbia Convertible's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Columbia Convertible Securities is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, Columbia Convertible Securities has a Net Asset of 1.16 B. This is much higher than that of the Columbia Threadneedle family and significantly higher than that of the Convertibles category. The net asset for all United States funds is notably lower than that of the firm.
Columbia Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Columbia Convertible's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Columbia Convertible could also be used in its relative valuation, which is a method of valuing Columbia Convertible by comparing valuation metrics of similar companies.Columbia Convertible is currently under evaluation in net asset among similar funds.
About Columbia Convertible Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Columbia Convertible Securities's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Columbia Convertible using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Columbia Convertible Securities based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Under normal circumstances, the fund invests at least 80 percent of its net assets in convertible securities. It may invest up to 15 percent of its total assets in Eurodollar convertible securities and up to an additional 20 percent of its total assets in foreign securities. Most convertible securities are not investment grade-rated. The fund also may invest directly in equity securities.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Columbia Mutual Fund
Columbia Convertible financial ratios help investors to determine whether Columbia Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Columbia with respect to the benefits of owning Columbia Convertible security.
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