Elfun Government Money Fund Price To Sales
ELMXX Fund | 1.00 0.00 0.00% |
Elfun Government Money fundamentals help investors to digest information that contributes to Elfun Government's financial success or failures. It also enables traders to predict the movement of Elfun Money Market Fund. The fundamental analysis module provides a way to measure Elfun Government's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Elfun Government money market fund.
Elfun |
Elfun Government Money Money Market Fund Price To Sales Analysis
Elfun Government's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Based on the latest financial disclosure, Elfun Government Money has a Price To Sales of 0.0 times. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Price To Sales (which currently averages 0.0) category. This indicator is about the same for all United States funds average (which is currently at 0.0).
Elfun Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Elfun Government's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the money market funds which would be a good addition to a portfolio. Peer analysis of Elfun Government could also be used in its relative valuation, which is a method of valuing Elfun Government by comparing valuation metrics of similar companies.Elfun Government is currently under evaluation in price to sales among similar funds.
Elfun Fundamentals
Annual Yield | 0.05 % | |||
Net Asset | 144.73 M |
About Elfun Government Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Elfun Government Money's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Elfun Government using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Elfun Government Money based on its fundamental data. In general, a quantitative approach, as applied to this money market fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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.Other Information on Investing in Elfun Money Market Fund
Elfun Government financial ratios help investors to determine whether Elfun Money Market 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 Government security.
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