Elme Communities Stock Price on April 25, 2024
| ELME Stock | USD 17.23 0.33 1.88% |
Below is the normalized historical share price chart for Elme Communities extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Elme Communities stands at 17.23, as last reported on the 13th of November 2024, with the highest price reaching 17.67 and the lowest price hitting 17.12 during the day.
If you're considering investing in Elme Stock, it is important to understand the factors that can impact its price. At this point, Elme Communities is very steady. Elme Communities secures Sharpe Ratio (or Efficiency) of 0.0267, which denotes the company had a 0.0267% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Elme Communities, which you can use to evaluate the volatility of the firm. Please confirm Elme Communities' Mean Deviation of 0.8085, coefficient of variation of 2517.7, and Downside Deviation of 1.03 to check if the risk estimate we provide is consistent with the expected return of 0.0305%.
At present, Elme Communities' Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Stock Based Compensation is expected to grow to about 6.9 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 53 M. . At present, Elme Communities' Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price To Free Cash Flows Ratio is expected to grow to 32.21, whereas Price Book Value Ratio is forecasted to decline to 1.05. Elme Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 17th of March 1992 | 200 Day MA 15.7283 | 50 Day MA 17.3696 | Beta 0.909 |
Elme |
Sharpe Ratio = 0.0267
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| Negative Returns | ELME |
Estimated Market Risk
| 1.14 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Elme Communities is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Elme Communities by adding it to a well-diversified portfolio.
Price Book 1.4066 | Enterprise Value Ebitda 18.4371 | Price Sales 6.4522 | Shares Float 87.1 M | Dividend Share 0.72 |
Related Headline
Equity Lifestyle Headline on 25th of April 2024
Disposition of 196 shares by Thomas Heneghan of Equity Lifes... by Thomas Heneghan
Filed transaction by Equity Lifestyle Properties Director, Officer: Chairman Of The Board. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Elme Communities Valuation on April 25, 2024
It is possible to determine the worth of Elme Communities on a given historical date. On April 25, 2024 Elme was worth 14.61 at the beginning of the trading date compared to the closed value of 14.71. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Elme Communities stock. Still, in general, we apply an absolute valuation method to find Elme Communities' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Elme Communities where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Elme Communities' related companies.
| Open | High | Low | Close | Volume | |
| 14.55 | 14.82 | 14.44 | 14.72 | 855,804 | |
04/25/2024 | 14.61 | 14.71 | 14.56 | 14.71 | 439,080 |
| 14.73 | 14.94 | 14.70 | 14.71 | 368,999 |
| Backtest Elme Communities | | | Elme Communities History | | | Elme Communities Valuation | Previous | Next |
Elme Communities Trading Date Momentum on April 25, 2024
| On April 26 2024 Elme Communities was traded for 14.71 at the closing time. The top price for the day was 14.94 and the lowest listed price was 14.70 . The trading volume for the day was 369 K. The trading history from April 26, 2024 did not affect price variability. The overall trading delta against the current closing price is 2.31% . |
Elme Communities Fundamentals Correlations and Trends
By evaluating Elme Communities' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Elme Communities' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Elme financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Elme Communities Stock history
Elme Communities investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Elme is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Elme Communities will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Elme Communities stock prices may prove useful in developing a viable investing in Elme Communities
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 87.7 M | 53 M | |
| Net Loss | -27.8 M | -26.4 M |
Elme Communities Stock Technical Analysis
Elme Communities technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Elme Communities Period Price Range
Low | November 13, 2024
| High |
0.00 | 0.00 |
Elme Communities cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Elme Communities November 13, 2024 Market Strength
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 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Elme Communities' price direction in advance. Along with the technical and fundamental analysis of Elme Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Elme to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0337 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | 0.0748 |
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Complementary Tools for Elme Stock analysis
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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