Elfun Income Fund Technical Analysis
| EINFX Fund | USD 9.35 0.02 0.21% |
As of the 23rd of April, Elfun Income shows the Mean Deviation of 0.3476, standard deviation of 0.4479, and Variance of 0.2006. Elfun Me Fund technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze and collect data for thirteen technical drivers for Elfun Income Fund, which can be compared to its peers. Please confirm Elfun Me Fund mean deviation and maximum drawdown to decide if Elfun Me Fund is priced favorably, providing market reflects its regular price of 9.35 per share.
Elfun Income Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Elfun, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ElfunElfun |
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.
Elfun Me Fund Technical Analysis
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 Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Elfun Me Fund volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Elfun Me Fund Trend Analysis
Use this graph to draw trend lines for Elfun Income Fund. You can use it to identify possible trend reversals for Elfun Income as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Elfun Income price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Elfun Income Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Elfun Income Fund applied against its price change over selected period. The best fit line has a slop of 0.0031 , which may suggest that Elfun Income Fund market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.37, which is the sum of squared deviations for the predicted Elfun Income price change compared to its average price change.About Elfun Income Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Elfun Income Fund on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Elfun Income Fund based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Elfun Me Fund price pattern first instead of the macroeconomic environment surrounding Elfun Me Fund. By analyzing Elfun Income's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Elfun Income's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Elfun Income specific price patterns or momentum indicators. Please read more on our technical analysis page.
Elfun Income April 23, 2024 Technical Indicators
Most technical analysis of Elfun help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Elfun from various momentum indicators to cycle indicators. When you analyze Elfun charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.05) | |||
| Market Risk Adjusted Performance | (0.16) | |||
| Mean Deviation | 0.3476 | |||
| Coefficient Of Variation | (1,198) | |||
| Standard Deviation | 0.4479 | |||
| Variance | 0.2006 | |||
| Information Ratio | (0.27) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.10) | |||
| Treynor Ratio | (0.17) | |||
| Maximum Drawdown | 2.19 | |||
| Value At Risk | (0.93) | |||
| Potential Upside | 0.5241 | |||
| Skewness | (0.80) | |||
| Kurtosis | 0.6341 |
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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.