Columbia Moderate Correlations

Mutual Funds . USA . 
Fund . Columbia Moderate Growth
CMATX Fund  USD 43.77  0.14  0.32%   
The current 90-days correlation between Columbia Moderate Growth and Vanguard Total Stock is -0.19 (i.e., Good diversification). The correlation of Columbia Moderate 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 Moderate Correlation With Market

Very poor diversification

The correlation between Columbia Moderate Growth and DJI is 0.89 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Columbia Moderate Growth 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 Moderate Growth. 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 manufacturing.

Moving together with Columbia Mutual Fund

  0.97VTSAX Vanguard Total StockPairCorr
  0.99VFIAX Vanguard 500 IndexPairCorr
  1.0VTSMX Vanguard Total StockPairCorr
  1.0VITSX Vanguard Total StockPairCorr
  0.97VSTSX Vanguard Total StockPairCorr
  0.97VSMPX Vanguard Total StockPairCorr
  0.99VFINX Vanguard 500 IndexPairCorr
  0.97VFFSX Vanguard 500 IndexPairCorr
  0.96VGTSX Vanguard Total InterPairCorr
  0.96VTIAX Vanguard Total InterPairCorr
  0.89FTHRX Fidelity IntermediatePairCorr
  0.96GAB Gabelli Equity TrustPairCorr
  0.97KAMAX Kensington Managed IncomePairCorr
  0.9FAUGX Franklin AdjustablePairCorr
  0.93RNDLX RivernorthdoublelinePairCorr
  0.97BDHAX Blackrock High IncomePairCorr
  0.92JDMNX Janus EnterprisePairCorr
  0.99FXAIX Fidelity 500 IndexPairCorr
  0.97CPSHX Pinnacle Sherman MultiPairCorr
  0.95FSGGX Fidelity Global ExPairCorr
  0.89BIOPX Baron OpportunityPairCorr
  0.91AMTZX Ab All MarketPairCorr
  0.83HSZAX Highland Small CapPairCorr
  0.94USTCX Science TechnologyPairCorr
  0.99IISTX Voya Index SolutionPairCorr
  0.97JRTYX Multi Index 2050PairCorr
  0.95CVLOX Calamos Global GrowthPairCorr
  0.9PCMSX Principal Midcap ValuePairCorr
  0.95AMAPX Amana ParticipationPairCorr
  0.92AVASX American Beacon LargePairCorr
  0.91SENJX Stet New JerseyPairCorr
  0.98FCNTX Fidelity ContrafundPairCorr
  1.0JHRNX Retirement Living ThroughPairCorr
  0.97CRF Cornerstone StrategicPairCorr
  0.97NAESX Vanguard Small CapPairCorr
  0.91FFRHX Fidelity Advisor FloatingPairCorr
  0.94PQTNX Pimco Trends ManagedPairCorr

Related Correlations Analysis


Risk-Adjusted Indicators

There is a big difference between Columbia Mutual Fund performing well and Columbia Moderate 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 Moderate'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.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
VTSAX  0.48  0.14  0.05 (0.93) 0.32 
(0.58)
 1.07 
(0.81)
 2.71 
VFIAX  0.47  0.05  0.06  0.17  0.30 
(0.55)
 1.12 
(0.79)
 2.71 
VTSMX  0.49  0.05  0.06  0.16  0.32 
(0.58)
 1.15 
(0.81)
 2.80 
VITSX  0.49  0.05  0.06  0.16  0.32 
(0.58)
 1.15 
(0.81)
 2.80 
VSTSX  0.49  0.14  0.05 (0.69) 0.32 
(0.57)
 1.15 
(0.81)
 2.80 
VSMPX  0.49  0.14  0.05 (0.69) 0.32 
(0.58)
 1.15 
(0.81)
 2.80 
VFINX  0.47  0.06  0.06  0.18  0.30 
(0.55)
 1.12 
(0.79)
 2.71 
VFFSX  0.47  0.14  0.04 (0.66) 0.30 
(0.52)
 1.11 
(0.78)
 2.71 
VGTSX  0.51  0.02 (0.01) 0.12  0.52 
(0.51)
 1.32 
(1.15)
 3.02 
VTIAX  0.51  0.02 (0.01) 0.12  0.53 
(0.49)
 1.34 
(1.15)
 3.03 

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