Elfun Government Money Fund Buy Hold or Sell Recommendation
ELMXX Fund | 1.00 0.00 0.00% |
Assuming the 90 days horizon and your typical level of risk aversion, our recommendation regarding Elfun Government Money is 'Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Elfun Government Money given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Elfun Government Money, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Elfun Government Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual funds such as Elfun and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Elfun Government Money. Also, note that the market value of any money market fund could be closely tied with the direction of predictive economic indicators such as signals in interest.
Elfun |
Execute Elfun Government Buy or Sell Advice
The Elfun recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Elfun Government Money. Macroaxis does not own or have any residual interests in Elfun Government Money or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Elfun Government's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
Not Rated
Elfun Government Trading Alerts and Improvement Suggestions
Elfun Government generated a negative expected return over the last 90 days | |
Elfun Government has some characteristics of a very speculative penny stock | |
The fund retains all of the assets under management (AUM) in different types of exotic instruments |
Elfun Government Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Elfun Government or Currency Funds sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Elfun Government's price will be affected by overall money market fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Elfun fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.00 | |
β | Beta against Dow Jones | 0.00 | |
σ | Overall volatility | 0.00 | |
Ir | Information ratio | 0.00 |
Elfun Government Volatility Alert
At this time Elfun Government Money exhibits very low volatility. Elfun Government Money is a potential penny fund. Although Elfun Government may be in fact a good instrument to invest, many penny money market funds are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Elfun Government Money. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Elfun instrument if you perfectly time your entry and exit. However, remember that penny funds that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Elfun Government Fundamentals Vs Peers
Comparing Elfun Government's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Elfun Government's direct or indirect competition across all of the common fundamentals between Elfun Government and the related equities. This way, we can detect undervalued stocks with similar characteristics as Elfun Government or determine the money market funds which would be an excellent addition to an existing portfolio. Peer analysis of Elfun Government's fundamental indicators could also be used in its relative valuation, which is a method of valuing Elfun Government by comparing valuation metrics with those of similar companies.
Better Than Average | Worse Than Average | Compare Elfun Government to competition |
Fundamentals | Elfun Government | Peer Average |
Annual Yield | 0.05 % | 0.29 % |
Net Asset | 144.73 M | 4.11 B |
Elfun Government Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Elfun . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Elfun Government Buy or Sell Advice
When is the right time to buy or sell Elfun Government Money? Buying financial instruments such as Elfun Money Market Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Elfun Government in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Apparel Thematic Idea Now
Apparel
Companies manufacturing textile accessories and apparel products. The Apparel theme has 38 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Apparel Theme or any other thematic opportunities.
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Other Information on Investing in Elfun Money Market Fund
Elfun Government financial ratios help investors to determine whether Elfun Money Market 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 Government security.
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