Elfun International Equity Fund Price on July 22, 2024

EGLBX Fund  USD 26.29  0.23  0.87%   
Below is the normalized historical share price chart for Elfun International Equity extending back to January 20, 1989. 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 International stands at 26.29, as last reported on the 14th of December 2024, with the highest price reaching 26.29 and the lowest price hitting 26.29 during the day.
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Elfun Mutual Fund, it is important to understand the factors that can impact its price. Elfun International secures Sharpe Ratio (or Efficiency) of -0.0466, which denotes the fund had a -0.0466% return per unit of risk over the last 3 months. Elfun International Equity exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Elfun International's Mean Deviation of 0.6523, standard deviation of 0.8143, and Variance of 0.6631 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.

Sharpe Ratio = -0.0466

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Estimated Market Risk

 0.81
  actual daily
7
93% of assets are more volatile

Expected Return

 -0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Elfun International 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 International by adding Elfun International to a well-diversified portfolio.

Elfun International Valuation on July 22, 2024

It is possible to determine the worth of Elfun International on a given historical date. On July 22, 2024 Elfun was worth 27.12 at the beginning of the trading date compared to the closed value of 27.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Elfun International mutual fund. Still, in general, we apply an absolute valuation method to find Elfun International's 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 International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Elfun International's related companies.
 Open High Low Close Volume
  26.80    26.80    26.80    26.80    1.00  
07/22/2024
  27.12    27.12    27.12    27.12    1.00  
  27.01    27.01    27.01    27.01    1.00  
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Open Value
27.12
27.12
Closing Value
29.55
Upside

Elfun International Trading Date Momentum on July 22, 2024

On July 23 2024 Elfun International Equity was traded for  27.01  at the closing time. The highest daily price throughout the period was 27.01  and the lowest price was  27.01 . There was no trading activity during the period 1.0. Lack of trading volume on 07/23/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.41% . The overall trading delta to current closing price is 2.91% .

Elfun International Fundamentals Correlations and Trends

By evaluating Elfun International's 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 International's 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 International Mutual Fund history

Elfun International 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 International 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 International stock prices may prove useful in developing a viable investing in Elfun International
The fund seeks to achieve its investment objectives by investing at least 80 percent of its net assets under normal circumstances in equity securities, such as common and preferred stocks. It invests primarily in companies located in both developed and emerging market countries outside the U.S.

Elfun International Mutual Fund Technical Analysis

Elfun International 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.
A focus of Elfun International technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Elfun International trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Elfun International Period Price Range

Low
December 14, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Elfun International Equity 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 International December 14, 2024 Market Strength

Market strength indicators help investors to evaluate how Elfun International 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 International shares will generate the highest return on investment. By undertsting and applying Elfun International mutual fund market strength indicators, traders can identify Elfun International Equity entry and exit signals to maximize returns

Elfun International Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Elfun International'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.

Other Information on Investing in Elfun Mutual Fund

Elfun International 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 International security.
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