Elme Communities Stock Forecast - Daily Balance Of Power
| ELME Stock | USD 14.94 0.04 0.27% |
Elme Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Elme Communities stock prices and determine the direction of Elme Communities's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Elme Communities' historical fundamentals, such as revenue growth or operating cash flow patterns.
Elme |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.38) | (0.66) |
| Check Elme Communities Volatility | Backtest Elme Communities | Trend Details |
Elme Communities Trading Date Momentum
| On December 19 2024 Elme Communities was traded for 14.87 at the closing time. The top price for the day was 15.32 and the lowest listed price was 14.83 . The trading volume for the day was 733 K. The trading history from December 19, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.98% . The overall trading delta against the current closing price is 1.25% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Elme Communities
For every potential investor in Elme, whether a beginner or expert, Elme Communities' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Elme Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Elme. Basic forecasting techniques help filter out the noise by identifying Elme Communities' price trends.Elme Communities Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Elme Communities stock to make a market-neutral strategy. Peer analysis of Elme Communities could also be used in its relative valuation, which is a method of valuing Elme Communities by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Elme Communities Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Elme Communities' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Elme Communities' current price.| Cycle Indicators | ||
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| Momentum Indicators | ||
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| Volatility Indicators | ||
| Volume Indicators |
Elme Communities Market Strength Events
Market strength indicators help investors to evaluate how Elme Communities stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Elme Communities shares will generate the highest return on investment. By undertsting and applying Elme Communities stock market strength indicators, traders can identify Elme Communities entry and exit signals to maximize returns.
Elme Communities Risk Indicators
The analysis of Elme Communities' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Elme Communities' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting elme stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.07 | |||
| Standard Deviation | 1.37 | |||
| Variance | 1.88 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Also Currently Popular
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.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 Historical Fundamental Analysis of Elme Communities to cross-verify your projections. For information on how to trade Elme Stock refer to our How to Trade Elme Stock guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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.