Performance of ELME Elme Communities | 6.4% in 12m
Compare ELME with Indices, Sectors and Commodities ✔ like Oil, Gas, Gold, Yields and Bonds. Who outperforms?
Compare Elme Communities with its related Sector/Index XLRE
Performance Duell ELME vs XLRE
| TimeFrame | ELME | XLRE |
|---|---|---|
| 1 Day | 0.50% | 0.00% |
| 1 Week | 2.16% | 2.24% |
| 1 Month | 8.28% | 8.03% |
| 3 Months | 19.8% | 1.92% |
| 6 Months | 24.7% | 8.80% |
| 12 Months | 6.41% | 10.86% |
| YTD | 11.6% | -3.48% |
| Rel. Perf. 1m | 0.19 | |
| Rel. Perf. 3m | 1.47 | |
| Rel. Perf. 6m | 0.97 | |
| Rel. Perf. 12m | -0.33 |
Is Elme Communities a good stock to buy?
Neither. Based on ValueRay Fundamental Analyses, Elme Communities is currently (May 2024)
neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of -24.00 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of ELME as of May 2024 is 17.11. This means that ELME is currently overvalued and has a potential downside of 6.34% (Sold with Premium).
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of ELME as of May 2024 is 17.11. This means that ELME is currently overvalued and has a potential downside of 6.34% (Sold with Premium).
Is ELME a buy, sell or hold?
- Strong Buy: 0
- Buy: 1
- Hold: 3
- Sell: 0
- Strong Sell: 0
Values above 0%: ELME is performing better - Values below 0%: ELME is underperforming
Compare ELME with Broad Market Indices
| Symbol | 1w | 1m | 6m | 12m | |
|---|---|---|---|---|---|
| US S&P 500 | SPY | 0.52% | 1.35% | 7.32% | -21.90% |
| US NASDAQ 100 | QQQ | 0.20% | -0.67% | 8.65% | -28.74% |
| US Dow Jones Industrial 30 | DIA | 0.77% | 2.82% | 9.93% | -15.50% |
| German DAX 40 | DBXD | 2.40% | 3.13% | 7.55% | -7.97% |
| UK FTSE 100 | ISFU | 0.62% | -1.27% | 8.47% | -8.24% |
| Shanghai Shenzhen CSI 300 | CSI 300 | 1.01% | 3.55% | 22.59% | 13.69% |
| Hongkong Hang Seng | HSI | 0.01% | -14.58% | 21.02% | 11.82% |
| Japan Nikkei 225 | EXX7 | 1.10% | 7.40% | 12.93% | -4.32% |
| India NIFTY 50 | INDA | -0.26% | 5.08% | 7.13% | -23.41% |
| Brasil Bovespa | EWZ | 2.25% | 4.99% | 28.47% | -6.30% |
ELME Elme Communities vs. Sectors
| Symbol | 1w | 1m | 6m | 12m | |
|---|---|---|---|---|---|
| Communication Services | XLC | 0.97% | 4.33% | 7.53% | -29.37% |
| Consumer Discretionary | XLY | 1.69% | 3.01% | 17.92% | -12.42% |
| Consumer Staples | XLP | 1.11% | 3.22% | 10.39% | 0.38% |
| Energy | XLE | 0.69% | 8.29% | 10.75% | -16.95% |
| Financial | XLF | 0.17% | 3.05% | 2.78% | -26.25% |
| Health Care | XLV | 0.17% | 2.98% | 10.40% | -6.84% |
| Industrial | XLI | 2.02% | 4.25% | 5.38% | -21.30% |
| Materials | XLB | 1.76% | 4.69% | 8.89% | -13.19% |
| Real Estate | XLRE | -0.08% | 0.25% | 15.91% | -4.45% |
| Technology | XLK | -0.41% | -1.74% | 10.05% | -29.19% |
| Utilities | XLU | 0.66% | -2.28% | 6.15% | -6.78% |
| Aerospace & Defense | XAR | 1.09% | -0.08% | 10.46% | -18.02% |
| Biotech | XBI | 0.71% | -1.80% | 0.62% | -0.42% |
| Homebuilder | XHB | 1.58% | 1.28% | -5.55% | -44.44% |
| Retail | XRT | 2.64% | 1.59% | 4.61% | -23.09% |
Does Elme Communities outperform its market, is ELME a Sector Leader?
No, over the last 12 months Elme Communities (ELME) made 6.41%, while its related Sector, the The Real Estate Sector SPDR Fund (XLRE) made 10.86%.
Over the last 3 months ELME made 19.75%, while XLRE made 1.92%.
No, over the last 12 months Elme Communities (ELME) made 6.41%, while its related Sector, the The Real Estate Sector SPDR Fund (XLRE) made 10.86%.
Over the last 3 months ELME made 19.75%, while XLRE made 1.92%.
| Period | ELME | XLRE | S&P 500 |
|---|---|---|---|
| 1 Month | 8.28% | 8.03% | 6.93% |
| 3 Months | 19.75% | 1.92% | 6.91% |
| 12 Months | 6.41% | 10.86% | 28.31% |