Elfun Income Financials
EINFX Fund | USD 9.33 0.04 0.43% |
Elfun |
Please note that past performance is not an indicator of the future performance of Elfun Income, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Elfun Income Fund Summary
Elfun Income competes with State Street, State Street, Ssga International, State Street, and State Street. 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.Specialization | Intermediate Core-Plus Bond, Intermediate Core-Plus Bond |
Instrument | USA Mutual Fund View All |
Exchange | NMFQS Exchange |
ISIN | US2862731070 |
Business Address | Elfun Income |
Mutual Fund Family | State Street Global Advisors |
Mutual Fund Category | Intermediate Core-Plus Bond |
Benchmark | NYSE Composite |
Phone | 800 242 0134 |
Currency | USD - US Dollar |
You should never invest in Elfun Income Fund without having analyzed available financial metrics that contribute to the net asset value (NAV) of the fund. Do not rely on someone else's analysis or guesses about the future performance of Elfun Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Elfun Income's prospectus and an annual reports, can give you an edge over other investors and help to ensure that your investments perform well for you.
Elfun Income Key Financial Ratios
Generally speaking, Elfun Income's financial ratios allow both analysts and investors to convert raw data from Elfun Income's financial statements into concise, actionable information that can be used to evaluate the performance of Elfun Income over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Elfun Me Fund reports annually and quarterly.Elfun Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Elfun Income's current stock value. Our valuation model uses many indicators to compare Elfun Income value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Elfun Income competition to find correlations between indicators driving Elfun Income's intrinsic value. More Info.Elfun Income Fund is one of the top funds in annual yield among similar funds. It is one of the top funds in year to date return among similar funds creating about 795.15 of Year To Date Return per Annual Yield. Comparative valuation analysis is a catch-all model that can be used if you cannot value Elfun Income by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Elfun Income's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Elfun Income's earnings, one of the primary drivers of an investment's value.Elfun Me Fund Systematic Risk
Elfun Income's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Elfun Income volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Elfun Me Fund correlated with the market. If Beta is less than 0 Elfun Income generally moves in the opposite direction as compared to the market. If Elfun Income Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Elfun Me Fund is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Elfun Income is generally in the same direction as the market. If Beta > 1 Elfun Income moves generally in the same direction as, but more than the movement of the benchmark.
Elfun Income April 19, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Elfun Income help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Elfun Income Fund. We use our internally-developed statistical techniques to arrive at the intrinsic value of Elfun Income Fund based on widely used predictive technical indicators. In general, we focus on analyzing Elfun Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Elfun Income's daily price indicators and compare them against related drivers.
Information Ratio | (0.26) | |||
Maximum Drawdown | 2.19 | |||
Value At Risk | (0.93) | |||
Potential Upside | 0.5241 |
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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.