Columbia Seligman Correlations

Mutual Funds . USA . 
Fund . Columbia Seligman Technology
CCIFX Fund   198.34  0.63  0.32%   
The current 90-days correlation between Columbia Seligman and Calamos Dynamic Convertible is 0.15 (i.e., Average diversification). The correlation of Columbia Seligman 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 Seligman Correlation With Market

Good diversification

The correlation between Columbia Seligman Technology and DJI is -0.08 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Columbia Seligman Technology 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 Seligman Technology. 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

  0.93SRIJX Columbia Corporate IncomePairCorr
  0.92CUSOX Columbia Ultra ShortPairCorr
  0.89CDOAX Columbia DividendPairCorr
  0.96ILGCX Columbia Integrated LargePairCorr
  0.98ILGGX Columbia Integrated Large Potential GrowthPairCorr
  0.98ILGJX Columbia Integrated LargePairCorr
  0.75SSCVX Columbia Select SmallerPairCorr
  0.89ILVBX Columbia Integrated LargePairCorr
  0.92ILVFX Columbia Integrated LargePairCorr
  0.96LHIAX Columbia High YieldPairCorr
  0.81CEVAX Columbia Global ValuePairCorr
  0.96IMNTX Columbia Minnesota TaxPairCorr
  0.95GEGDX Columbia Large CapPairCorr
  0.95IMRFX Columbia Global OppoPairCorr
  0.93CFIGX Columbia Flexible CapitalPairCorr
  0.94CFIAX Columbia Flexible CapitalPairCorr
  0.95LIACX Columbia AcornPairCorr
  1.0SCICX Columbia SeligmanPairCorr
  0.97PHIKX Columbia VertiblePairCorr
  0.89LIBAX Columbia Total ReturnPairCorr
  0.93INDZX Columbia DiversifiedPairCorr
  0.91INEAX Columbia High YieldPairCorr
  0.93LIIAX Columbia Porate IncomePairCorr
  0.96INTAX Columbia StrategicPairCorr
  0.96LITAX Columbia Amt FreePairCorr
  0.73LITCX Columbia Amt FreePairCorr
  0.89INUTX Columbia DividendPairCorr
  0.95CGOAX Columbia Small CapPairCorr
  0.98CGTDX Columbia Global Tech Potential GrowthPairCorr
  0.96NACMX Columbia Amt FreePairCorr
  0.63PISDX Columbia Pyrford IntPairCorr
  0.96AQEAX Columbia DisciplinedPairCorr
  0.93SVLCX Columbia Select LargePairCorr
  0.96UMEBX Columbia Emerging Markets Potential GrowthPairCorr
  0.91NSGAX Columbia Select LargePairCorr

Related Correlations Analysis


Risk-Adjusted Indicators

There is a big difference between Columbia Mutual Fund performing well and Columbia Seligman 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 Seligman'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