Elfun Diversified Financial Statements From 2010 to 2024
| ELDFX Fund | USD 21.95 0.10 0.46% |
Check Elfun Diversified financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Elfun Diversified's main balance sheet or income statement drivers, such as , as well as many indicators such as . Elfun financial statements analysis is a perfect complement when working with Elfun Diversified Valuation or Volatility modules.
Elfun |
Elfun Diversified Fund Mutual Fund Annual Yield Analysis
Elfun Diversified's Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.
Current Elfun Diversified Annual Yield | 0.02 % |
Most of Elfun Diversified's fundamental indicators, such as Annual Yield, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Elfun Diversified Fund is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.
| Competition |
In accordance with the recently published financial statements, Elfun Diversified Fund has an Annual Yield of 0.0193%. This is much higher than that of the State Street Global Advisors family and significantly higher than that of the Allocation--70% to 85% Equity category. The annual yield for all United States funds is notably lower than that of the firm.
Elfun Diversified Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Elfun Diversified's current stock value. Our valuation model uses many indicators to compare Elfun Diversified value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Elfun Diversified competition to find correlations between indicators driving Elfun Diversified's intrinsic value. More Info.Elfun Diversified Fund is one of the top funds in price to earning among similar funds. It also is one of the top funds in price to book among similar funds fabricating about 0.11 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Elfun Diversified Fund is roughly 8.89 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Elfun Diversified's earnings, one of the primary drivers of an investment's value.About Elfun Diversified Financial Statements
Elfun Diversified investors use historical fundamental indicators, such as Elfun Diversified's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Elfun Diversified. Please read more on our technical analysis and fundamental analysis pages.
The funds investments in U.S. equity securities are achieved primarily through a passive or indexing investment approach of investing all or substantially all of its assets allocated to domestic equity investments directly in the securities that constitute the SP 500 Index. The SP 500 is a well-known stock market index that includes common stocks of 500 companies from a number of sectors and that measures the performance of the large-cap sector of the U.S. equities market.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Elfun Mutual Fund
Elfun Diversified financial ratios help investors to determine whether Elfun Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Elfun with respect to the benefits of owning Elfun Diversified security.
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |