Columbia Floating Correlations

Mutual Funds USA . 
Fund . Columbia Floating Rate
CFRYX Fund  USD 33.48  0.01  0.03%   
The current 90-days correlation between Columbia Floating Rate and Guidemark Large Cap is 0.15 (i.e., Average diversification). The correlation of Columbia Floating 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 Floating Correlation With Market

Average diversification

The correlation between Columbia Floating Rate and DJI is 0.11 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Columbia Floating Rate 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 Floating Rate. 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 commodities.

Moving together with Columbia Mutual Fund

  0.91CUSBX Columbia Ultra ShortPairCorr
  0.7CUTRX Columbia Treasury IndexPairCorr
  0.87CDAZX Multi-manager DirectionalPairCorr
  0.79CUURX Columbia Small CapPairCorr
  0.71CUTYX Columbia Treasury IndexPairCorr
  0.9CDDYX Columbia Dividend IncomePairCorr
  0.9CDDRX Columbia Dividend IncomePairCorr
  0.7CDEYX Columbia DiversifiedPairCorr
  0.9CDIRX Columbia Dividend IncomePairCorr
  0.92AMTCX Columbia Capital AllPairCorr
  0.83CDOZX Columbia DividendPairCorr
  0.83CDOYX Columbia DividendPairCorr
  0.68CVERX Columbia Mid CapPairCorr
  0.83CDVZX Columbia DiversifiedPairCorr
  0.86CVQZX Columbia DisciplinedPairCorr
  0.67CEBYX Columbia Emerging MarketsPairCorr
  0.74SSVIX Columbia Select SmallerPairCorr
  0.77CEKYX Columbia Emerging MarketsPairCorr
  0.77CEKRX Columbia Emerging MarketsPairCorr
  0.84CEPRX Columbia Income OppoPairCorr
  0.85CEVYX Columbia Global EquityPairCorr
  0.85CEVZX Columbia Global EquityPairCorr
  0.66RPCCX Columbia Capital AllPairCorr
  0.94GEGTX Columbia Large CapPairCorr
  0.63CFCYX Columbia Flexible CapitalPairCorr
  0.81CFIZX Columbia Flexible CapitalPairCorr
  0.83SCIRX Columbia SeligmanPairCorr
  0.76LIBCX Columbia Total ReturnPairCorr
  0.72CFRZX Columbia Floating RatePairCorr
  0.83SCMIX Columbia SeligmanPairCorr
  0.81CFXRX Columbia Flexible CapitalPairCorr
  0.61CGCYX Columbia Greater ChinaPairCorr
  0.94CGFYX Columbia Large CapPairCorr
  0.8CXXRX Columbia Small CapPairCorr
  0.67CGOCX Columbia Small CapPairCorr
  0.94CGTUX Columbia Global TechPairCorr
  0.68CGTRX Columbia Select LargePairCorr

Related Correlations Analysis


Risk-Adjusted Indicators

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