Elfun Trusts Elfun Fund Statistic Functions Beta

ELFNX Fund  USD 100.59  1.04  1.04%   
Elfun Trusts statistic functions tool provides the execution environment for running the Beta function and other technical functions against Elfun Trusts. Elfun Trusts value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Elfun Trusts statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was fourty-two with a total number of output elements of nineteen. The Beta measures systematic risk based on how returns on Elfun Trusts Elfun correlated with the market. If Beta is less than 0 Elfun Trusts generally moves in the opposite direction as compared to the market. If Elfun Trusts Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Elfun Trusts Elfun is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Elfun Trusts is generally in the same direction as the market. If Beta > 1 Elfun Trusts moves generally in the same direction as, but more than the movement of the benchmark.

Elfun Trusts Technical Analysis Modules

Most technical analysis of Elfun Trusts 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 other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Elfun Trusts Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Elfun Trusts Elfun. We use our internally-developed statistical techniques to arrive at the intrinsic value of Elfun Trusts Elfun 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 Trusts's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Elfun Trusts's intrinsic value. In addition to deriving basic predictive indicators for Elfun Trusts, we also check how macroeconomic factors affect Elfun Trusts price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
99.89100.59101.29
Details
Intrinsic
Valuation
LowRealHigh
90.53102.19102.89
Details
Naive
Forecast
LowNextHigh
100.26100.96101.65
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
94.8897.95101.03
Details

Become your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

Did you try this?

Run Premium Stories Now

   

Premium Stories

Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
All  Next Launch Module

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
FinTech Idea
FinTech
Invested over 40 shares
Momentum Idea
Momentum
Invested over 50 shares
Driverless Cars Idea
Driverless Cars
Invested over 50 shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
Social Domain Idea
Social Domain
Invested few shares
Impulse Idea
Impulse
Invested few shares
Millennials Best Idea
Millennials Best
Invested few shares
Trump Equities Idea
Trump Equities
Invested few shares

Other Information on Investing in Elfun Mutual Fund

Elfun Trusts 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 Trusts security.
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios