Columbia Pacificasia Fund Market Value
| CASAX Fund | USD 9.11 0.01 0.11% |
| Symbol | Columbia |
Columbia Pacific/asia 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Columbia Pacific/asia's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Columbia Pacific/asia.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Columbia Pacific/asia on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Columbia Pacificasia Fund or generate 0.0% return on investment in Columbia Pacific/asia over 90 days. Columbia Pacific/asia is related to or competes with Semiconductor Ultrasector, Catalyst Exceed, Auer Growth, T Rowe, Vanguard Global, Lord Abbett, and Aqr Diversified. The fund seeks to achieve its investment objective by investing in a portfolio composed of two components a Managed Futu... More
Columbia Pacific/asia Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Columbia Pacific/asia's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Columbia Pacificasia Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7791 | |||
| Information Ratio | 0.0478 | |||
| Maximum Drawdown | 4.14 | |||
| Value At Risk | (1.24) | |||
| Potential Upside | 1.14 |
Columbia Pacific/asia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Columbia Pacific/asia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Columbia Pacific/asia's standard deviation. In reality, there are many statistical measures that can use Columbia Pacific/asia historical prices to predict the future Columbia Pacific/asia's volatility.| Risk Adjusted Performance | 0.2247 | |||
| Jensen Alpha | 0.0913 | |||
| Total Risk Alpha | 0.0646 | |||
| Sortino Ratio | 0.0441 | |||
| Treynor Ratio | 0.2926 |
Columbia Pacific/asia Backtested Returns
Columbia Pacific/asia appears to be very steady, given 3 months investment horizon. Columbia Pacific/asia secures Sharpe Ratio (or Efficiency) of 0.31, which signifies that the fund had a 0.31 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Columbia Pacificasia Fund, which you can use to evaluate the volatility of the entity. Please makes use of Columbia Pacific/asia's Downside Deviation of 0.7791, risk adjusted performance of 0.2247, and Mean Deviation of 0.5356 to double-check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of 0.56, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Columbia Pacific/asia's returns are expected to increase less than the market. However, during the bear market, the loss of holding Columbia Pacific/asia is expected to be smaller as well.
Auto-correlation | 0.69 |
Good predictability
Columbia Pacificasia Fund has good predictability. Overlapping area represents the amount of predictability between Columbia Pacific/asia time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Columbia Pacific/asia price movement. The serial correlation of 0.69 indicates that around 69.0% of current Columbia Pacific/asia price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.69 | |
| Spearman Rank Test | 0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Columbia Pacific/asia lagged returns against current returns
Autocorrelation, which is Columbia Pacific/asia mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Columbia Pacific/asia's mutual fund expected returns. We can calculate the autocorrelation of Columbia Pacific/asia returns to help us make a trade decision. For example, suppose you find that Columbia Pacific/asia has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Columbia Pacific/asia regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Columbia Pacific/asia mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Columbia Pacific/asia mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Columbia Pacific/asia mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Columbia Pacific/asia Lagged Returns
When evaluating Columbia Pacific/asia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Columbia Pacific/asia mutual fund have on its future price. Columbia Pacific/asia autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Columbia Pacific/asia autocorrelation shows the relationship between Columbia Pacific/asia mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Columbia Pacificasia Fund.
Regressed Prices |
| Timeline |
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 Pacific/asia 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 Pacific/asia security.
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |