Columbia High Yield Fund Net Asset
| CYLRX Fund | USD 10.72 0.03 0.28% |
Columbia High Yield fundamentals help investors to digest information that contributes to Columbia High's financial success or failures. It also enables traders to predict the movement of Columbia Mutual Fund. The fundamental analysis module provides a way to measure Columbia High's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Columbia High mutual fund.
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Columbia High Yield Mutual Fund Net Asset Analysis
Columbia High's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Columbia High Net Asset | 1.68 B |
Most of Columbia High's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Columbia High Yield is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Columbia High Net Asset Component Assessment
Based on the recorded statements, Columbia High Yield has a Net Asset of 1.68 B. This is 36.6% lower than that of the Columbia family and 22.43% lower than that of the High Yield Bond category. The net asset for all United States funds is 59.04% higher than that of the company.
Columbia Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Columbia High's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Columbia High could also be used in its relative valuation, which is a method of valuing Columbia High by comparing valuation metrics of similar companies.Columbia High is currently under evaluation in net asset among similar funds.
Fund Asset Allocation for Columbia High
The fund consists of 94.24% investments in fixed income securities, with the rest of funds allocated in cash and various exotic instruments.Asset allocation divides Columbia High's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Columbia Fundamentals
| Total Asset | 1.78 B | |||
| Annual Yield | 0.02 % | |||
| Year To Date Return | 0.60 % | |||
| One Year Return | 7.79 % | |||
| Three Year Return | 1.18 % | |||
| Five Year Return | 3.48 % | |||
| Ten Year Return | 6.42 % | |||
| Net Asset | 1.68 B | |||
| Minimum Initial Investment | 2 K | |||
| Last Dividend Paid | 0.04 | |||
| Cash Position Weight | 4.19 % | |||
| Bond Positions Weight | 94.24 % |
About Columbia High Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Columbia High Yield's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Columbia High using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Columbia High Yield based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Columbia High in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Columbia High's short interest history, or implied volatility extrapolated from Columbia High options trading.
Pair Trading with Columbia High
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Columbia High position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Columbia High will appreciate offsetting losses from the drop in the long position's value.Moving together with Columbia Mutual Fund
| 0.64 | SRINX | Columbia Porate Me | PairCorr |
| 0.74 | CDAZX | Multi Manager Direct | PairCorr |
| 0.8 | CUURX | Columbia Small Cap | PairCorr |
The ability to find closely correlated positions to Columbia High could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Columbia High when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Columbia High - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Columbia High Yield to buy it.
The correlation of Columbia High 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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Columbia High moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Columbia High Yield moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Columbia High can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Columbia High Yield. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.