Columbia Small Correlations

Mutual Funds . USA . 
Fund . Columbia Small Cap
CGOCX Fund  USD 18.29  0.23  1.24%   
The current 90-days correlation between Columbia Small Cap and T Rowe Price is -0.39 (i.e., Very good diversification). The correlation of Columbia Small 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 Small Correlation With Market

Almost no diversification

The correlation between Columbia Small Cap and DJI is 0.92 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Columbia Small Cap 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 Small Cap. 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 main economic indicators.

Moving together with Columbia Mutual Fund

  0.87SRINX Columbia Porate IncomePairCorr
  0.94CUSBX Columbia Ultra ShortPairCorr
  0.97CDAZX Multi Manager DirectPairCorr
  0.98CUURX Columbia Small CapPairCorr
  0.99CDDYX Columbia Dividend IncomePairCorr
  0.95CDDRX Columbia Dividend IncomePairCorr
  0.99CDEYX Columbia DiversifiedPairCorr
  0.95CDIRX Columbia Dividend IncomePairCorr
  0.96AMTCX Columbia Capital AllPairCorr
  0.98CDOZX Columbia DividendPairCorr
  0.98CDOYX Columbia DividendPairCorr
  0.95CVERX Columbia Mid CapPairCorr
  0.99CDVZX Columbia DiversifiedPairCorr
  0.97CVQZX Columbia DisciplinedPairCorr
  0.94CEBYX Columbia Emerging MarketsPairCorr
  0.94CEBRX Columbia Emerging MarketsPairCorr
  0.99CECYX Columbia Large CapPairCorr
  0.97SSVIX Columbia Select SmallerPairCorr
  0.97CEKYX Columbia Emerging MarketsPairCorr
  0.97CEKRX Columbia Emerging MarketsPairCorr
  0.96CEPRX Columbia Income OppoPairCorr
  0.98CEVYX Columbia Global EquityPairCorr
  0.98CEVZX Columbia Global EquityPairCorr
  0.93RPCCX Columbia Capital AllPairCorr
  0.96GEGTX Columbia Large CapPairCorr
  0.99CFCYX Columbia Flexible CapitalPairCorr
  0.92CFCIX Columbia Large CapPairCorr
  0.92CLM Cornerstone StrategicPairCorr
  0.99CFIZX Columbia Flexible CapitalPairCorr
  0.99SCIRX Columbia SeligmanPairCorr
  0.67LIBCX Columbia Total ReturnPairCorr
  0.97CFRZX Columbia Floating RatePairCorr
  0.97CFRYX Columbia Floating RatePairCorr
  0.99SCMIX Columbia SeligmanPairCorr
  0.99CFXRX Columbia Flexible CapitalPairCorr
  0.96APECX Columbia High YieldPairCorr
  0.89CGCYX Columbia Greater China Steady GrowthPairCorr
  0.97CGEZX 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 Small 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 Small'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