Elfun Diversified Fund Price on October 21, 2024
| ELDFX Fund | USD 21.85 0.01 0.05% |
Below is the normalized historical share price chart for Elfun Diversified Fund extending back to January 23, 1989. 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 Diversified stands at 21.85, as last reported on the 27th of November, with the highest price reaching 21.85 and the lowest price hitting 21.85 during the day.
If you're considering investing in Elfun Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Elfun Mutual Fund to be very steady. Elfun Diversified secures Sharpe Ratio (or Efficiency) of 0.0731, which denotes the fund had a 0.0731% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Elfun Diversified Fund, which you can use to evaluate the volatility of the entity. Please confirm Elfun Diversified's Coefficient Of Variation of 1650.79, downside deviation of 0.4946, and Mean Deviation of 0.3407 to check if the risk estimate we provide is consistent with the expected return of 0.0328%.
Elfun Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Elfun |
Sharpe Ratio = 0.0731
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| Negative Returns | ELDFX |
Estimated Market Risk
| 0.45 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Elfun Diversified is performing at about 5% of its full potential. 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 Diversified by adding it to a well-diversified portfolio.
Elfun Diversified Valuation on October 21, 2024
It is possible to determine the worth of Elfun Diversified on a given historical date. On October 21, 2024 Elfun was worth 21.78 at the beginning of the trading date compared to the closed value of 21.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Elfun Diversified mutual fund. Still, in general, we apply an absolute valuation method to find Elfun Diversified'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 Diversified where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Elfun Diversified's related companies.
| Open | High | Low | Close | Volume | |
| 21.88 | 21.88 | 21.88 | 21.88 | 1.00 | |
10/21/2024 | 21.78 | 21.78 | 21.78 | 21.78 | 1.00 |
| 21.74 | 21.74 | 21.74 | 21.74 | 1.00 |
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Elfun Diversified Trading Date Momentum on October 21, 2024
| On October 22 2024 Elfun Diversified Fund was traded for 21.74 at the closing time. The highest daily price throughout the period was 21.74 and the lowest price was 21.74 . There was no trading activity during the period 1.0. Lack of trading volume on 10/22/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.18% . The overall trading delta to current closing price is 1.84% . |
Elfun Diversified Fundamentals Correlations and Trends
By evaluating Elfun Diversified'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 Diversified'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 Diversified Mutual Fund history
Elfun Diversified 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 Diversified 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 Diversified stock prices may prove useful in developing a viable investing in Elfun Diversified
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.
Elfun Diversified Mutual Fund Technical Analysis
Elfun Diversified 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 Diversified Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Elfun Diversified 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 Diversified November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Elfun Diversified 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 Diversified shares will generate the highest return on investment. By undertsting and applying Elfun Diversified mutual fund market strength indicators, traders can identify Elfun Diversified Fund entry and exit signals to maximize returns
Elfun Diversified Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Elfun Diversified'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 | 0.0391 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.21) | |||
| Treynor Ratio | 0.04 |
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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.
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