Elme Communities Stock Statistic Functions Beta

ELME Stock  USD 2.18  0.01  0.46%   
Elme Communities statistic functions tool provides the execution environment for running the Beta function and other technical functions against Elme Communities. Elme Communities 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. Elme Communities 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Elme Communities correlated with the market. If Beta is less than 0 Elme Communities generally moves in the opposite direction as compared to the market. If Elme Communities Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Elme Communities is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Elme Communities is generally in the same direction as the market. If Beta > 1 Elme Communities moves generally in the same direction as, but more than the movement of the benchmark.

Elme Communities Technical Analysis Modules

Most technical analysis of Elme Communities 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 Elme from various momentum indicators to cycle 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 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 Elme Communities. We use our internally-developed statistical techniques to arrive at the intrinsic value of Elme Communities based on widely used predictive technical indicators. In general, we focus on analyzing Elme Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Elme Communities'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 Elme Communities's intrinsic value. In addition to deriving basic predictive indicators for Elme Communities, we also check how macroeconomic factors affect Elme Communities price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2023 2024 2025 2026 (projected)
Dividend Yield0.05020.04740.05450.0571
Price To Sales Ratio5.625.556.388.67
Hype
Prediction
LowEstimatedHigh
0.112.2913.50
Details
Intrinsic
Valuation
LowRealHigh
0.316.1117.32
Details
5 Analysts
Consensus
LowTargetHigh
16.3818.0019.98
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.03-0.03-0.03
Details

Be 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.

Generate Optimal Portfolios

Align your risk and return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
When determining whether Elme Communities is a strong investment it is important to analyze Elme Communities' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Elme Communities' future performance. For an informed investment choice regarding Elme Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in 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 state.
For information on how to trade Elme Stock refer to our How to Trade Elme Stock guide.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Will Multi-Family Residential REITs sector continue expanding? Could Elme diversify its offerings? Factors like these will boost the valuation of Elme Communities. Projected growth potential of Elme fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Elme Communities data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Dividend Share
0.72
Earnings Share
(1.53)
Revenue Per Share
2.805
Quarterly Revenue Growth
0.017
Return On Assets
0.0053
Elme Communities's market price often diverges from its book value, the accounting figure shown on Elme's balance sheet. Smart investors calculate Elme Communities' intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Elme Communities' trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between Elme Communities' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Elme Communities should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. 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.