Elfun Diversified Fund Technical Analysis
| ELDFX Fund | USD 19.52 0.02 0.10% |
As of the 19th of April, Elfun Diversified shows the Downside Deviation of 0.4906, mean deviation of 0.3716, and Coefficient Of Variation of 1336.65. Elfun Diversified 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 nineteen technical drivers for Elfun Diversified Fund, which can be compared to its peers. Please confirm Elfun Diversified variance, as well as the relationship between the value at risk and skewness to decide if Elfun Diversified is priced favorably, providing market reflects its regular price of 19.52 per share.
Elfun Diversified 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 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.
Elfun Diversified 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 Diversified volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Elfun Diversified Trend Analysis
Use this graph to draw trend lines for Elfun Diversified Fund. You can use it to identify possible trend reversals for Elfun Diversified 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 Diversified price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Elfun Diversified Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Elfun Diversified Fund applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Elfun Diversified Fund will continue generating value for investors. It has 122 observation points and a regression sum of squares at 4.38, which is the sum of squared deviations for the predicted Elfun Diversified price change compared to its average price change.About Elfun Diversified 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 Diversified 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 Diversified Fund based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Elfun Diversified price pattern first instead of the macroeconomic environment surrounding Elfun Diversified. By analyzing Elfun Diversified'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 Diversified'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 Diversified specific price patterns or momentum indicators. Please read more on our technical analysis page.
Elfun Diversified April 19, 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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| Risk Adjusted Performance | 0.0433 | |||
| Market Risk Adjusted Performance | 0.0462 | |||
| Mean Deviation | 0.3716 | |||
| Semi Deviation | 0.4181 | |||
| Downside Deviation | 0.4906 | |||
| Coefficient Of Variation | 1336.65 | |||
| Standard Deviation | 0.4768 | |||
| Variance | 0.2273 | |||
| Information Ratio | (0.07) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.0362 | |||
| Maximum Drawdown | 2.27 | |||
| Value At Risk | (0.85) | |||
| Potential Upside | 0.7752 | |||
| Downside Variance | 0.2407 | |||
| Semi Variance | 0.1748 | |||
| Expected Short fall | (0.42) | |||
| Skewness | (0.24) | |||
| Kurtosis | 0.2173 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elfun Diversified 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 Diversified information on this page should be used as a complementary analysis to other Elfun Diversified'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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.