Elme Communities Stock Buy Hold or Sell Recommendation
| ELME Stock | USD 16.40 0.24 1.49% |
Given the investment horizon of 90 days and your typical level of risk aversion, our recommendation regarding Elme Communities is 'Hold'. Macroaxis provides Elme Communities buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ELME positions.
Check out Elme Communities Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Elme Stock refer to our How to Trade Elme Stock guide. Note, we conduct extensive research on individual companies such as Elme and provide practical buy, sell, or hold advice based on investors' constraints. Elme Communities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Elme |
Execute Elme Communities Buy or Sell Advice
The Elme recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Elme Communities. Macroaxis does not own or have any residual interests in Elme Communities or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Elme Communities' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Above Average | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Elme Communities Trading Alerts and Improvement Suggestions
| Elme Communities generated a negative expected return over the last 90 days | |
| Elme Communities has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 227.91 M. Net Loss for the year was (52.98 M) with profit before overhead, payroll, taxes, and interest of 127.94 M. | |
| Over 91.0% of the company shares are held by institutions such as insurance companies | |
| On 3rd of October 2024 Elme Communities paid $ 0.18 per share dividend to its current shareholders | |
| Latest headline from thelincolnianonline.com: Quest Partners LLC Grows Holdings in Elme Communities |
Elme Communities Returns Distribution Density
The distribution of Elme Communities' historical returns is an attempt to chart the uncertainty of Elme Communities' future price movements. The chart of the probability distribution of Elme Communities daily returns describes the distribution of returns around its average expected value. We use Elme Communities price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Elme Communities returns is essential to provide solid investment advice for Elme Communities.
| Mean Return | -0.06 | Value At Risk | -2.15 | Potential Upside | 2.31 | Standard Deviation | 1.24 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Elme Communities historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Elme Stock Institutional Investors
| Shares | Nuveen Asset Management, Llc | 2024-06-30 | 1.5 M | Citadel Advisors Llc | 2024-09-30 | 1.3 M | Cbre Investment Management Listed Real Assets Llc | 2024-09-30 | 1.3 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 1.2 M | Renaissance Technologies Corp | 2024-09-30 | 1.1 M | Northern Trust Corp | 2024-09-30 | 974.8 K | Bank Of New York Mellon Corp | 2024-06-30 | 811.4 K | Legal & General Group Plc | 2024-06-30 | 760.1 K | Balyasny Asset Management Llc | 2024-09-30 | 670.7 K | Blackrock Inc | 2024-06-30 | 16.8 M | Vanguard Group Inc | 2024-09-30 | 14 M |
Elme Communities Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Elme Communities or Residential REITs sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Elme Communities' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Elme stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.14 | |
β | Beta against Dow Jones | 0.58 | |
σ | Overall volatility | 1.26 | |
Ir | Information ratio | -0.16 |
Elme Communities Volatility Alert
Elme Communities exhibits very low volatility with skewness of 0.3 and kurtosis of 0.02. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Elme Communities' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Elme Communities' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Elme Communities Fundamentals Vs Peers
Comparing Elme Communities' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Elme Communities' direct or indirect competition across all of the common fundamentals between Elme Communities and the related equities. This way, we can detect undervalued stocks with similar characteristics as Elme Communities or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Elme Communities' fundamental indicators could also be used in its relative valuation, which is a method of valuing Elme Communities by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Elme Communities to competition |
| Fundamentals | Elme Communities | Peer Average |
| Return On Equity | -0.0116 | -0.31 |
| Return On Asset | 0.0078 | -0.14 |
| Profit Margin | (0.06) % | (1.27) % |
| Operating Margin | 0.11 % | (5.51) % |
| Current Valuation | 2.11 B | 16.62 B |
| Shares Outstanding | 88.01 M | 571.82 M |
| Shares Owned By Insiders | 1.39 % | 10.09 % |
| Shares Owned By Institutions | 91.08 % | 39.21 % |
| Number Of Shares Shorted | 1.58 M | 4.71 M |
| Price To Book | 1.29 X | 9.51 X |
| Price To Sales | 5.94 X | 11.42 X |
| Revenue | 227.91 M | 9.43 B |
| Gross Profit | 127.94 M | 27.38 B |
| EBITDA | 66.4 M | 3.9 B |
| Net Income | (52.98 M) | 570.98 M |
| Cash And Equivalents | 8.44 M | 2.7 B |
| Cash Per Share | 0.10 X | 5.01 X |
| Total Debt | 679.35 M | 5.32 B |
| Debt To Equity | 0.42 % | 48.70 % |
| Current Ratio | 1.06 X | 2.16 X |
| Book Value Per Share | 12.48 X | 1.93 K |
| Cash Flow From Operations | 84.67 M | 971.22 M |
| Short Ratio | 3.86 X | 4.00 X |
| Earnings Per Share | (0.16) X | 3.12 X |
| Price To Earnings To Growth | (18.27) X | 4.89 X |
| Target Price | 18.0 | |
| Number Of Employees | 243 | 18.84 K |
| Beta | 0.91 | -0.15 |
| Market Capitalization | 1.42 B | 19.03 B |
| Total Asset | 1.9 B | 29.47 B |
| Retained Earnings | (569.39 M) | 9.33 B |
| Working Capital | (190.93 M) | 1.48 B |
| Annual Yield | 0.04 % |
Note: Acquisition by Byrnes William G of 3084 shares of Elme Communities subject to Rule 16b-3 [view details]
Elme Communities Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Elme . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 22090.55 | |||
| Daily Balance Of Power | 0.5581 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 16.43 | |||
| Day Typical Price | 16.42 | |||
| Price Action Indicator | 0.095 | |||
| Period Momentum Indicator | 0.24 |
About Elme Communities Buy or Sell Advice
When is the right time to buy or sell Elme Communities? Buying financial instruments such as Elme Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Elme Communities in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Corona Opportunity Thematic Idea Now
Corona Opportunity
Firms that are involved in some capacity in making products or providing services to the public to buttle the virus directly or indirectly. This also includes some defencive and contrarian stocks and ETFs that are managing to avoid the big market correction coused by coronavirus. The Corona Opportunity theme has 46 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Corona Opportunity Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Elme Communities Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Elme Stock refer to our How to Trade Elme Stock guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Multi-Family Residential REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Elme Communities. If investors know Elme will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Elme Communities listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 0.72 | Earnings Share (0.16) | Revenue Per Share 2.726 | Quarterly Revenue Growth 0.078 | Return On Assets 0.0078 |
The market value of Elme Communities is measured differently than its book value, which is the value of Elme that is recorded on the company's balance sheet. Investors also form their own opinion of Elme Communities' value that differs from its market value or its book value, called intrinsic value, which is Elme Communities' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Elme Communities' market value can be influenced by many factors that don't directly affect Elme Communities' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Elme Communities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Elme Communities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elme Communities' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.