Elme Communities Stock Price Prediction

ELME Stock  USD 16.94  0.01  0.06%   
At the present time, the relative strength index (RSI) of Elme Communities' share price is approaching 37 suggesting that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Elme Communities, making its price go up or down.

Oversold Vs Overbought

37

 
Oversold
 
Overbought
The successful prediction of Elme Communities' future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Elme Communities and does not consider all of the tangible or intangible factors available from Elme Communities' fundamental data. We analyze noise-free headlines and recent hype associated with Elme Communities, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Elme Communities' stock price prediction:
EPS Estimate Next Quarter
(0.03)
Wall Street Target Price
18
Quarterly Revenue Growth
0.078
Using Elme Communities hype-based prediction, you can estimate the value of Elme Communities from the perspective of Elme Communities response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Elme Communities to buy its stock at a price that has no basis in reality. In that case, they are not buying Elme because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Elme Communities after-hype prediction price

    
  USD 16.96  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Elme Communities Basic Forecasting Models to cross-verify your projections.
For information on how to trade Elme Stock refer to our How to Trade Elme Stock guide.
Intrinsic
Valuation
LowRealHigh
15.3016.5917.88
Details
5 Analysts
Consensus
LowTargetHigh
14.7916.2518.04
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details

Elme Communities After-Hype Price Prediction Density Analysis

As far as predicting the price of Elme Communities at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Elme Communities or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Elme Communities, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Elme Communities Estimiated After-Hype Price Volatility

In the context of predicting Elme Communities' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Elme Communities' historical news coverage. Elme Communities' after-hype downside and upside margins for the prediction period are 15.67 and 18.25, respectively. We have considered Elme Communities' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
16.94
16.96
After-hype Price
18.25
Upside
Elme Communities is very steady at this time. Analysis and calculation of next after-hype price of Elme Communities is based on 3 months time horizon.

Elme Communities Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Elme Communities is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Elme Communities backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Elme Communities, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.04 
1.28
  0.01 
 0.00  
8 Events / Month
9 Events / Month
In about 8 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
16.94
16.96
0.06 
711.11  
Notes

Elme Communities Hype Timeline

Elme Communities is currently traded for 16.94. The entity has historical hype elasticity of 0.01, and average elasticity to hype of competition of 0.0. Elme is expected to increase in value after the next headline, with the price projected to jump to 16.96 or above. The average volatility of media hype impact on the company the price is over 100%. The price growth on the next news is projected to be 0.06%, whereas the daily expected return is currently at -0.04%. The volatility of related hype on Elme Communities is about 17600.0%, with the expected price after the next announcement by competition of 16.94. 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. Given the investment horizon of 90 days the next expected press release will be in about 8 days.
Check out Elme Communities Basic Forecasting Models to cross-verify your projections.
For information on how to trade Elme Stock refer to our How to Trade Elme Stock guide.

Elme Communities Related Hype Analysis

Having access to credible news sources related to Elme Communities' direct competition is more important than ever and may enhance your ability to predict Elme Communities' future price movements. Getting to know how Elme Communities' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Elme Communities may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
BRTBRT Realty Trust 0.49 8 per month 1.34  0.01  2.63 (2.14) 10.29 
NXRTNexpoint Residential Trust(0.94)7 per month 1.30 (0.04) 2.74 (2.22) 6.37 
CSRCenterspace 0.11 12 per month 1.44 (0.09) 2.56 (2.21) 6.91 
VREVeris Residential 0.09 8 per month 1.24 (0.01) 2.42 (2.08) 5.75 
AIRCApartment Income REIT 0.03 11 per month 0.00  0.08  0.31 (0.39) 22.81 
CLPRClipper Realty 0.01 8 per month 3.09 (0) 6.43 (5.08) 20.26 
ELSEquity Lifestyle Properties(1.05)10 per month 1.29 (0.06) 1.84 (1.95) 4.92 
SUISun Communities 1.19 10 per month 0.00 (0.09) 2.26 (2.32) 9.22 
UDRUDR Inc(0.02)7 per month 1.02 (0.01) 2.08 (1.44) 5.53 
UMHUMH Properties 0.37 9 per month 1.07 (0.09) 2.09 (1.95) 4.64 
AMHAmerican Homes 4(0.20)10 per month 1.25 (0.1) 1.93 (2.05) 6.31 

Elme Communities Additional Predictive Modules

Most predictive techniques to examine Elme price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Elme using various technical indicators. When you analyze Elme 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 Elme Communities Predictive Indicators

The successful prediction of Elme Communities stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Elme Communities, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Elme Communities based on analysis of Elme Communities hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Elme Communities's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Elme Communities's related companies.
 2021 2022 2023 2024 (projected)
Dividend Yield0.04150.03820.05020.0573
Price To Sales Ratio12.927.435.628.47

Story Coverage note for Elme Communities

The number of cover stories for Elme Communities depends on current market conditions and Elme Communities' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Elme Communities is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Elme Communities' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Elme Communities Short Properties

Elme Communities' future price predictability will typically decrease when Elme Communities' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Elme Communities often depends not only on the future outlook of the potential Elme Communities' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Elme Communities' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding87.7 M
Cash And Short Term Investments7.2 M

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When running Elme Communities' price analysis, check to measure Elme Communities' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Elme Communities is operating at the current time. Most of Elme Communities' value examination focuses on studying past and present price action to predict the probability of Elme Communities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elme Communities' price. Additionally, you may evaluate how the addition of Elme Communities to your portfolios can decrease your overall portfolio volatility.
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