Elfun Income Fund Price on May 31, 2018
| EINFX Fund | USD 9.34 0.03 0.32% |
Below is the normalized historical share price chart for Elfun Income Fund extending back to April 05, 1984. 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 9.34, as last reported on the 25th of April, with the highest price reaching 9.34 and the lowest price hitting 9.34 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 Me Fund secures Sharpe Ratio (or Efficiency) of -0.0872, which denotes the fund had a -0.0872% return per unit of risk over the last 3 months. Elfun Income Fund exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Elfun Income's Mean Deviation of 0.348, variance of 0.2005, and Standard Deviation of 0.4478 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 = -0.0872
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| Negative Returns | EINFX |
Estimated Market Risk
| 0.45 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 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.
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.
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 Me Fund 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
Elfun Income April 25, 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
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 9.34 | |||
| Day Typical Price | 9.34 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.03) |
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 | (0.06) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (0.18) |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elfun Income Fund. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Elfun Me Fund information on this page should be used as a complementary analysis to other Elfun Income's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.