Columbia Correlations

CUTRX Fund

USD 9.93 0.01 0.10%

The current 90-days correlation between Columbia Treasury Index and James Balanced Golden is -0.07 (i.e., Good diversification). The correlation of Columbia 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 Correlation With Market

Significant diversification

The correlation between Columbia Treasury Index and DJI is 0.06 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Columbia Treasury Index 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 Treasury Index. 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 real.

Moving together with Columbia Mutual Fund

0.97	SRINX	Columbia Porate Income	Pair Corr
0.85	CUSBX	Columbia Ultra Short	Pair Corr
0.8	CDAZX	Multi-manager Directional	Pair Corr
0.64	CUURX	Columbia Small Cap	Pair Corr
0.8	CUTYX	Columbia Treasury Index	Pair Corr
0.7	CDEYX	Columbia Diversified	Pair Corr
0.7	CDIRX	Columbia Dividend Income	Pair Corr
0.82	AMTCX	Columbia Capital All	Pair Corr
0.69	CVERX	Columbia Mid Cap	Pair Corr
0.85	CEBYX	Columbia Emerging Markets	Pair Corr
0.69	CEBRX	Columbia Emerging Markets	Pair Corr
0.73	CEKRX	Columbia Emerging Markets	Pair Corr
0.67	CEPRX	Columbia Income Oppo	Pair Corr
0.65	CEVYX	Columbia Global Equity	Pair Corr
0.83	RPCCX	Columbia Capital All	Pair Corr
0.76	GEGTX	Columbia Large Cap	Pair Corr
0.71	CFCYX	Columbia Flexible Capital	Pair Corr
0.75	CLM	Cornerstone Strategic	Pair Corr
0.92	LIBCX	Columbia Total Return	Pair Corr
0.7	CFRZX	Columbia Floating Rate	Pair Corr
0.64	SCMIX	Columbia Seligman	Pair Corr
0.66	APECX	Columbia High Yield	Pair Corr
0.65	CGCYX	Columbia Greater China	Pair Corr

Related Correlations Analysis

	GLRBX	FRGOX	FEGOX	EPGFX	VGSBX	GLDAX	MXKJX
GLRBX		0.53	0.65	0.83	0.79	0.57	0.78	GLRBX
FRGOX	0.53		0.94	0.9	0.42	0.89	0.44	FRGOX
FEGOX	0.65	0.94		0.95	0.63	0.94	0.43	FEGOX
EPGFX	0.83	0.9	0.95		0.67	0.86	0.62	EPGFX
VGSBX	0.79	0.42	0.63	0.67		0.59	0.52	VGSBX
GLDAX	0.57	0.89	0.94	0.86	0.59		0.35	GLDAX
MXKJX	0.78	0.44	0.43	0.62	0.52	0.35		MXKJX
	GLRBX	FRGOX	FEGOX	EPGFX	VGSBX	GLDAX	MXKJX

Risk-Adjusted Indicators

There is a big difference between Columbia Mutual Fund performing well and Columbia 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'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 Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
GLRBX	0.25	0.11	(0.05)	(1.27)	0.00	(0.30)	0.68	(0.39)	1.27
FRGOX	1.26	0.23	0.09	0.80	1.33	(1.35)	2.96	(2.57)	7.67
FEGOX	1.10	0.20	0.08	0.76	1.17	(1.23)	2.40	(2.47)	8.00
EPGFX	1.18	0.28	0.13	0.70	1.26	(1.29)	2.78	(2.79)	8.86
VGSBX	0.28	0.03	(0.25)	1.65	0.20	(0.36)	0.66	(0.44)	1.44
GLDAX	1.22	0.28	0.09	(1.34)	1.35	(1.28)	2.88	(2.50)	8.84
MXKJX	0.68	(0.02)	(0.01)	0.09	0.66	(0.84)	1.75	(1.41)	3.76

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

Columbia Correlations

Columbia Correlation With Market

Significant diversification

Moving together with Columbia Mutual Fund

Related Correlations Analysis

Risk-Adjusted Indicators

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY