Elfun Income Fund Price on November 27, 2024
| EINFX Fund | USD 9.71 0.04 0.41% |
Below is the normalized historical share price chart for Elfun Income Fund extending back to May 15, 1986. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Elfun Income stands at 9.71, as last reported on the 30th of November, with the highest price reaching 9.71 and the lowest price hitting 9.71 during the day.
If you're considering investing in Elfun Mutual Fund, it is important to understand the factors that can impact its price. Elfun Income secures Sharpe Ratio (or Efficiency) of -0.0634, which denotes the fund had a -0.0634% return per unit of risk over the last 3 months. Elfun Income Fund exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Elfun Income's Standard Deviation of 0.3442, mean deviation of 0.2502, and Variance of 0.1185 to check the risk estimate we provide.
Elfun Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Elfun |
Sharpe Ratio = -0.0634
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| Negative Returns | EINFX |
Estimated Market Risk
| 0.34 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Elfun Income is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Elfun Income by adding Elfun Income to a well-diversified portfolio.
Elfun Income Valuation on November 27, 2024
It is possible to determine the worth of Elfun Income on a given historical date. On November 27, 2024 Elfun was worth 9.67 at the beginning of the trading date compared to the closed value of 9.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Elfun Income mutual fund. Still, in general, we apply an absolute valuation method to find Elfun Income's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Elfun Income where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Elfun Income's related companies.
| Open | High | Low | Close | Volume | |
| 9.64 | 9.64 | 9.64 | 9.64 | 1.00 | |
11/27/2024 | 9.67 | 9.67 | 9.67 | 9.67 | 1.00 |
| 9.71 | 9.71 | 9.71 | 9.71 | 1.00 |
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Elfun Income Trading Date Momentum on November 27, 2024
| On November 29 2024 Elfun Income Fund was traded for 9.71 at the closing time. The highest daily price throughout the period was 9.71 and the lowest price was 9.71 . There was no trading activity during the period 1.0. Lack of trading volume on 11/29/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.41% . The overall trading delta to current closing price is 0.41% . |
Elfun Income Fundamentals Correlations and Trends
By evaluating Elfun Income's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Elfun Income's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Elfun financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Elfun Income Mutual Fund history
Elfun Income investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Elfun is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Elfun Income will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Elfun Income stock prices may prove useful in developing a viable investing in Elfun Income
The fund invests at least 80 percent of its net assets in debt securities. It invests primarily in a variety of investment-grade debt securities, such as mortgage-backed securities, corporate bonds, U.S. government securities and money market instruments. The fund normally has a weighted average effective maturity of approximately five to ten years, but is subject to no limitation with respect to the maturities of the instruments in which it may invest.
Elfun Income Mutual Fund Technical Analysis
Elfun Income technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Elfun Income Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Elfun Income Fund cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Elfun Income November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Elfun Income mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Elfun Income shares will generate the highest return on investment. By undertsting and applying Elfun Income mutual fund market strength indicators, traders can identify Elfun Income Fund entry and exit signals to maximize returns
Elfun Income Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Elfun Income's price direction in advance. Along with the technical and fundamental analysis of Elfun Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Elfun to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | 0.4438 |
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Other Information on Investing in Elfun Mutual Fund
Elfun Income 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 Income security.
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