Columbia Emerging Correlations

Mutual Funds . USA . 
Fund . Columbia Emerging Markets
CEBYX Fund  USD 9.72  0.02  0.21%   
The current 90-days correlation between Columbia Emerging Markets and Old Westbury Small is 0.32 (i.e., Weak diversification). The correlation of Columbia Emerging 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 Emerging Correlation With Market

Modest diversification

The correlation between Columbia Emerging Markets and DJI is 0.26 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Columbia Emerging Markets 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 Emerging Markets. 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 manufacturing.

Moving together with Columbia Mutual Fund

  0.92SRINX Columbia Porate IncomePairCorr
  0.9CUSBX Columbia Ultra ShortPairCorr
  0.9CDAZX Multi Manager DirectPairCorr
  0.93CUURX Columbia Small CapPairCorr
  0.92CDDYX Columbia Dividend IncomePairCorr
  0.93CDDRX Columbia Dividend IncomePairCorr
  0.92CDEYX Columbia DiversifiedPairCorr
  0.92CDIRX Columbia Dividend IncomePairCorr
  0.96AMTCX Columbia Capital AllPairCorr
  0.94CDOZX Columbia DividendPairCorr
  0.94CDOYX Columbia DividendPairCorr
  0.91CVERX Columbia Mid CapPairCorr
  0.92CDVZX Columbia DiversifiedPairCorr
  0.9CVQZX Columbia DisciplinedPairCorr
  1.0CEBRX Columbia Emerging MarketsPairCorr
  0.91CECYX Columbia Large CapPairCorr
  0.91SSVIX Columbia Select SmallerPairCorr
  0.92CEKYX Columbia Emerging MarketsPairCorr
  0.92CEKRX Columbia Emerging MarketsPairCorr
  0.97CEPRX Columbia Income OppoPairCorr
  0.95CEVYX Columbia Global EquityPairCorr
  0.95CEVZX Columbia Global EquityPairCorr
  0.97RPCCX Columbia Capital AllPairCorr
  0.9GEGTX Columbia Large CapPairCorr
  0.97CFCYX Columbia Flexible CapitalPairCorr
  0.87CFCIX Columbia Large CapPairCorr
  0.85CLM Cornerstone StrategicPairCorr
  0.97CFIZX Columbia Flexible CapitalPairCorr
  0.94SCIRX Columbia SeligmanPairCorr
  0.71LIBCX Columbia Total ReturnPairCorr
  0.91CFRZX Columbia Floating RatePairCorr
  0.91CFRYX Columbia Floating RatePairCorr
  0.92SCMIX Columbia SeligmanPairCorr
  0.97CFXRX Columbia Flexible CapitalPairCorr
  0.96APECX Columbia High YieldPairCorr
  0.86CGCYX Columbia Greater ChinaPairCorr
  0.88CGEZX 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 Emerging 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 Emerging'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