Columbia Sustainable Equity Etf Market Value
| ESGS Etf | USD 45.10 0.08 0.18% |
| Symbol | Columbia |
The market value of Columbia Sustainable is measured differently than its book value, which is the value of Columbia that is recorded on the company's balance sheet. Investors also form their own opinion of Columbia Sustainable's value that differs from its market value or its book value, called intrinsic value, which is Columbia Sustainable's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Columbia Sustainable's market value can be influenced by many factors that don't directly affect Columbia Sustainable's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Columbia Sustainable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Columbia Sustainable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbia Sustainable's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Columbia Sustainable 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Columbia Sustainable's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Columbia Sustainable.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in Columbia Sustainable on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding Columbia Sustainable Equity or generate 0.0% return on investment in Columbia Sustainable over 90 days. Columbia Sustainable is related to or competes with Columbia Sustainable, FlexShares STOXX, Amplify ETF, Invesco SP, and WisdomTree Europe. The fund invests at least 80 percent of its assets in the component securities of the index More
Columbia Sustainable Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Columbia Sustainable's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Columbia Sustainable Equity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7232 | |||
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 3.49 | |||
| Value At Risk | (1.01) | |||
| Potential Upside | 1.25 |
Columbia Sustainable Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Columbia Sustainable's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Columbia Sustainable's standard deviation. In reality, there are many statistical measures that can use Columbia Sustainable historical prices to predict the future Columbia Sustainable's volatility.| Risk Adjusted Performance | 0.0619 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | 0.0586 |
Columbia Sustainable Backtested Returns
Currently, Columbia Sustainable Equity is very steady. Columbia Sustainable secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the etf had a 0.13 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Columbia Sustainable Equity, which you can use to evaluate the volatility of the entity. Please confirm Columbia Sustainable's Downside Deviation of 0.7232, risk adjusted performance of 0.0619, and Mean Deviation of 0.5764 to double-check if the risk estimate we provide is consistent with the expected return of 0.0862%. The etf shows a Beta (market volatility) of 0.7, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Columbia Sustainable's returns are expected to increase less than the market. However, during the bear market, the loss of holding Columbia Sustainable is expected to be smaller as well.
Auto-correlation | 0.60 |
Good predictability
Columbia Sustainable Equity has good predictability. Overlapping area represents the amount of predictability between Columbia Sustainable time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Columbia Sustainable price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current Columbia Sustainable price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 0.22 |
Columbia Sustainable lagged returns against current returns
Autocorrelation, which is Columbia Sustainable etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Columbia Sustainable's etf expected returns. We can calculate the autocorrelation of Columbia Sustainable returns to help us make a trade decision. For example, suppose you find that Columbia Sustainable has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Columbia Sustainable regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Columbia Sustainable etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Columbia Sustainable etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Columbia Sustainable etf over time.
Current vs Lagged Prices |
| Timeline |
Columbia Sustainable Lagged Returns
When evaluating Columbia Sustainable's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Columbia Sustainable etf have on its future price. Columbia Sustainable autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Columbia Sustainable autocorrelation shows the relationship between Columbia Sustainable etf current value and its past values and can show if there is a momentum factor associated with investing in Columbia Sustainable Equity.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Check out Columbia Sustainable Correlation, Columbia Sustainable Volatility and Columbia Sustainable Alpha and Beta module to complement your research on Columbia Sustainable. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Columbia Sustainable technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.