Columbia Select Correlations

Mutual Funds . USA . 
Fund . Columbia Select Large Cap
SVLCX Fund  USD 32.04  0.11  0.34%   
The current 90-days correlation between Columbia Select Large and Franklin Government Money is -0.02 (i.e., Good diversification). The correlation of Columbia Select 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 Select Correlation With Market

Very poor diversification

The correlation between Columbia Select Large Cap and DJI is 0.87 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Columbia Select Large Cap and DJI in the same portfolio, assuming nothing else is changed.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Columbia Select Large 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

  0.85SRIJX Columbia Corporate IncomePairCorr
  0.91CUSOX Columbia Ultra ShortPairCorr
  0.96CDOAX Columbia DividendPairCorr
  0.97ILGCX Columbia Integrated LargePairCorr
  0.97ILGGX Columbia Integrated LargePairCorr
  0.97ILGJX Columbia Integrated LargePairCorr
  0.97SSCVX Columbia Select SmallerPairCorr
  0.95ILVBX Columbia Integrated LargePairCorr
  0.95ILVFX Columbia Integrated LargePairCorr
  0.68LHIAX Columbia High YieldPairCorr
  0.97CEVAX Columbia Global ValuePairCorr
  0.66IMNTX Columbia Minnesota TaxPairCorr
  0.97IMRFX Columbia Global OppoPairCorr
  0.97CFIGX Columbia Flexible CapitalPairCorr
  0.97CFIAX Columbia Flexible CapitalPairCorr
  0.99LIACX Columbia AcornPairCorr
  0.98SCICX Columbia SeligmanPairCorr
  0.97PHIKX Columbia ConvertiblePairCorr
  0.65LIBAX Columbia Total ReturnPairCorr
  0.97INDZX Columbia DiversifiedPairCorr
  0.98INEAX Columbia High YieldPairCorr
  0.85LIIAX Columbia Porate IncomePairCorr
  0.9LITAX Columbia Amt FreePairCorr
  0.89LITCX Columbia Amt FreePairCorr
  0.98INUTX Columbia DividendPairCorr
  0.97CGOAX Columbia Small CapPairCorr
  0.99CGTDX Columbia Global TechPairCorr
  0.92NACMX Columbia Amt FreePairCorr
  0.96PISDX Columbia Pyrford IntPairCorr
  0.95PISLX Columbia Pyrford IntPairCorr
  0.95PISOX Columbia Pyrford IntPairCorr
  0.95PISJX Columbia Pyrford IntPairCorr
  0.96PISQX Columbia Pyrford IntPairCorr
  0.97AQEAX Columbia DisciplinedPairCorr
  0.98UMEBX Columbia Emerging MarketsPairCorr
  0.97NSGAX Columbia Select LargePairCorr
  0.98UMLAX Columbia Select LargePairCorr
  0.66UMMDX 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 Select 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 Select'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