Elfun Trusts Elfun Fund Price on November 14, 2024
| ELFNX Fund | USD 98.94 0.61 0.62% |
Below is the normalized historical share price chart for Elfun Trusts Elfun 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 Trusts stands at 98.94, as last reported on the 27th of November, with the highest price reaching 98.94 and the lowest price hitting 98.94 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 Trusts Elfun secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the fund had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Elfun Trusts Elfun, which you can use to evaluate the volatility of the entity. Please confirm Elfun Trusts' Mean Deviation of 0.5385, downside deviation of 0.9232, and Coefficient Of Variation of 986.52 to check if the risk estimate we provide is consistent with the expected return of 0.0942%.
Elfun Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Elfun |
Sharpe Ratio = 0.1159
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| Cash | ELFNX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.81 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Elfun Trusts is performing at about 9% 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 Trusts by adding it to a well-diversified portfolio.
Elfun Trusts Valuation on November 14, 2024
It is possible to determine the worth of Elfun Trusts on a given historical date. On November 14, 2024 Elfun was worth 98.83 at the beginning of the trading date compared to the closed value of 98.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Elfun Trusts mutual fund. Still, in general, we apply an absolute valuation method to find Elfun Trusts' 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 Trusts where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Elfun Trusts' related companies.
| Open | High | Low | Close | Volume | |
| 99.28 | 99.28 | 99.28 | 99.28 | 1.00 | |
11/14/2024 | 98.83 | 98.83 | 98.83 | 98.83 | 1.00 |
| 97.09 | 97.09 | 97.09 | 97.09 | 1.00 |
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Elfun Trusts Trading Date Momentum on November 14, 2024
| On November 15 2024 Elfun Trusts Elfun was traded for 97.09 at the closing time. The highest daily price throughout the period was 97.09 and the lowest price was 97.09 . There was no trading activity during the period 1.0. Lack of trading volume on 11/15/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 1.76% . The overall trading delta to current closing price is 0.51% . |
Elfun Trusts Elfun Fundamentals Correlations and Trends
By evaluating Elfun Trusts' 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 Trusts' 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 Trusts Mutual Fund history
Elfun Trusts 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 Trusts Elfun 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 Trusts stock prices may prove useful in developing a viable investing in Elfun Trusts
The fund seeks to achieve its investment objectives by investing in equity securities of U.S. companies. The adviser considers a company to be a U.S. company if it generates at least 50 percent of its revenues or profits from business activities in the U.S., has at least 50 percent of its assets situated in the U.S. or has the principal trading market for its securities in the U.S.
Elfun Trusts Mutual Fund Technical Analysis
Elfun Trusts 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 Trusts Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Elfun Trusts Elfun 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 Trusts November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Elfun Trusts 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 Trusts shares will generate the highest return on investment. By undertsting and applying Elfun Trusts mutual fund market strength indicators, traders can identify Elfun Trusts Elfun entry and exit signals to maximize returns
Elfun Trusts Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Elfun Trusts' 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 | 0.078 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.0883 |
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Other Information on Investing in Elfun Mutual Fund
Elfun Trusts 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 Trusts security.
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