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COVAX
Mutual Fund ticker: NASDAQ
AS OF
Feb 21 closing price
Price
$13.75
Change
-$0.29 (-2.07%)
Net Assets
885.24M

COVAX Columbia Small Cap Value II A Forecast, Technical & Fundamental Analysis

Category SmallValue
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A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Tanger (NYSE:SKT).

Industry description

The investment seeks long-term capital appreciation. Under normal circumstances, the fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in equity securities of companies that have market capitalizations in the range of the companies in the Russell 2000® Value Index at the time of purchase that the fund's investment manager believes are undervalued and have the potential for long-term growth. It may invest up to 20% of its total assets in foreign securities, including depositary receipts. The fund normally invests in common stocks and also may invest in real estate investment trusts.

Market Cap

The average market capitalization across the Columbia Small Cap Value II A MF is 4.88B. The market cap for tickers in the group ranges from 2.53B to 11.01B. CNM holds the highest valuation in this group at 11.01B. The lowest valued company is VSH at 2.53B.

Volume

The average weekly volume growth across all stocks in the Columbia Small Cap Value II A MF was 18%. For the same stocks of the MF, the average monthly volume growth was 47% and the average quarterly volume growth was 163%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 66
P/E Growth Rating: 38
Price Growth Rating: 54
SMR Rating: 69
Profit Risk Rating: 49
Seasonality Score: -39 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category SmallValue

Profile
Fundamentals
Details
Category
Small Value
Address
Columbia Funds Series TrustOne Financial CenterBoston
Phone
N/A
Web
www.columbiamanagement.com
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COVAX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, COVAX has been closely correlated with WCMJX. These tickers have moved in lockstep 86% of the time. This A.I.-generated data suggests there is a high statistical probability that if COVAX jumps, then WCMJX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To COVAX
1D Price
Change %
COVAX100%
-2.07%
WCMJX - COVAX
86%
Closely correlated
N/A
WCMFX - COVAX
86%
Closely correlated
N/A
SSGSX - COVAX
76%
Closely correlated
N/A
DFSVX - COVAX
73%
Closely correlated
-2.33%
ASVRX - COVAX
73%
Closely correlated
N/A
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