apparently nothing in common but the attribute

Instances of colour seem to have nothing in common with one another but the colours themselves.  The perceptible parts of coloured things are static with respect to one another.  A prism can show how white light can be separated into various colours based on angle.  A pair of prisms can be used to show how the resulting colours cannot be further subdivided by use of the second prism.  

Is this sufficient grounds for concluding that colour is the result of what matter does?  If not, why not?

Vik asked:

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Is this sufficient grounds for concluding that colour is the result of what matter does?  If not, why not?

By this do you mean that color is an effect of a relational process?

relation in the sense of relationship to matter, yes.