Columbia Flexible Correlations

Mutual Funds . USA . 
Fund . Columbia Flexible Capital
CFIGX Fund  USD 14.26  0.05  0.35%   
The current 90-days correlation between Columbia Flexible Capital and Columbia Corporate Income is 0.49 (i.e., Very weak diversification). The correlation of Columbia Flexible 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 Flexible Correlation With Market

Very poor diversification

The correlation between Columbia Flexible Capital and DJI is 0.85 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Columbia Flexible Capital 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 Flexible Capital. 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 price.

Moving together with Columbia Mutual Fund

  0.9SRIJX Columbia Corporate IncomePairCorr
  0.95CUSOX Columbia Ultra ShortPairCorr
  1.0CDOAX Columbia DividendPairCorr
  0.98ILGCX Columbia Integrated LargePairCorr
  0.98ILGGX Columbia Integrated LargePairCorr
  0.98ILGJX Columbia Integrated LargePairCorr
  0.98SSCVX Columbia Select SmallerPairCorr
  0.98ILVBX Columbia Integrated LargePairCorr
  0.98ILVFX Columbia Integrated LargePairCorr
  0.99CEVAX Columbia Global ValuePairCorr
  0.99IMRFX Columbia Global OppoPairCorr
  0.99CFIAX Columbia Flexible CapitalPairCorr
  0.97LIACX Columbia AcornPairCorr
  0.99SCICX Columbia SeligmanPairCorr
  0.99PHIKX Columbia ConvertiblePairCorr
  0.72LIBAX Columbia Total ReturnPairCorr
  0.99INDZX Columbia DiversifiedPairCorr
  0.99INEAX Columbia High YieldPairCorr
  0.9LIIAX Columbia Porate IncomePairCorr
  0.89LITAX Columbia Amt FreePairCorr
  0.88LITCX Columbia Amt FreePairCorr
  1.0INUTX Columbia DividendPairCorr
  0.99CGOAX Columbia Small CapPairCorr
  0.99CGTDX Columbia Global TechPairCorr
  0.92NACMX Columbia Amt FreePairCorr
  0.92PISDX Columbia Pyrford IntPairCorr
  0.92PISLX Columbia Pyrford IntPairCorr
  0.92PISOX Columbia Pyrford IntPairCorr
  0.92PISJX Columbia Pyrford IntPairCorr
  0.93PISQX Columbia Pyrford IntPairCorr
  0.98AQEAX Columbia DisciplinedPairCorr
  0.98SVLCX Columbia Select LargePairCorr
  0.97UMEBX Columbia Emerging MarketsPairCorr
  0.97NSGAX Columbia Select LargePairCorr
  0.97UMLAX Columbia Select LargePairCorr
  0.71UMMDX Columbia BondPairCorr

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 Flexible 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 Flexible'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.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
SRIJX  0.24  0.02 (0.27) 0.30  0.17 
(0.29)
 0.56 
(0.44)
 1.23 
CUSOX  0.04  0.01  0.00  0.92  0.00 
 0.00 
 0.11 
 0.00 
 0.54 
CDOAX  0.55  0.07  0.03  0.23  0.46 
(0.58)
 1.44 
(1.12)
 3.79 
ILGCX  0.83  0.15  0.15  0.27  0.67 
(0.99)
 2.27 
(1.47)
 5.98 
ILGGX  0.83  0.15  0.15  0.28  0.67 
(1.01)
 2.32 
(1.48)
 5.97 
ILGJX  0.83  0.15  0.15  0.27  0.66 
(0.99)
 2.26 
(1.47)
 5.99 
SSCVX  0.89  0.14  0.13  0.26  0.78 
(1.04)
 2.13 
(1.74)
 6.57 
ILVBX  0.61  0.00 (0.02) 0.13  0.67 
(0.66)
 1.43 
(1.29)
 4.14 
ILVFX  0.62  0.00 (0.02) 0.13  0.67 
(0.69)
 1.41 
(1.28)
 4.13 
LHIAX  0.20 (0.02)(0.41)(0.12) 0.25 
(0.28)
 0.46 
(0.45)
 1.60 

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