Elf Beauty Stock Price Prediction
| ELF Stock | USD 176.99 15.53 9.62% |
Oversold Vs Overbought
38
Oversold | Overbought |
ELF Beauty stock price prediction is an act of determining the future value of ELF Beauty shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of ELF Beauty's 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 ELF Beauty and does not consider all of the tangible or intangible factors available from ELF Beauty's fundamental data. We analyze noise-free headlines and recent hype associated with ELF Beauty, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting ELF Beauty's stock price prediction:Quarterly Earnings Growth 0.353 | EPS Estimate Next Quarter 0.27 | EPS Estimate Current Year 2.98 | EPS Estimate Next Year 3.56 | Wall Street Target Price 206.67 |
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of ELF Beauty based on different types of headlines from major news networks to social media. The ELF stock price prediction module provides an analysis of price elasticity to changes in media outlook on ELF Beauty over a specific investment horizon. Using ELF Beauty hype-based prediction, you can estimate the value of ELF Beauty from the perspective of ELF Beauty response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards ELF Beauty using ELF Beauty's stock options and short interest. It helps to benchmark the overall future attitude of investors towards ELF using crowd psychology based on the activity and movement of ELF Beauty's stock price.
ELF Beauty Short Interest
A significant increase or decrease in ELF Beauty's short interest from the previous month could be a good indicator of investor sentiment towards ELF. Short interest can provide insight into the potential direction of ELF Beauty stock and how bullish or bearish investors feel about the market overall. An investor who is long ELF Beauty may also wish to track short interest. As short interest increases, investors should be becoming more worried about ELF Beauty and may potentially protect profits, hedge ELF Beauty with its derivative instruments, or be ready for some potential downside.
200 Day MA 140.4803 | Short Percent 0.0707 | Short Ratio 2.2 | Shares Short Prior Month 3 M | 50 Day MA 185.5854 |
ELF Beauty Hype to Price Pattern
Investor biases related to ELF Beauty's public news can be used to forecast risks associated with an investment in ELF. The trend in average sentiment can be used to explain how an investor holding ELF can time the market purely based on public headlines and social activities around ELF Beauty. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of ELF Beauty's market sentiment to its price can help taders to make decisions based on the overall investors consensus about ELF Beauty.
ELF Beauty Implied Volatility | 67.91 |
ELF Beauty's implied volatility exposes the market's sentiment of ELF Beauty stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if ELF Beauty's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that ELF Beauty stock will not fluctuate a lot when ELF Beauty's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in ELF Beauty. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in ELF Beauty to buy its stock at a price that has no basis in reality. In that case, they are not buying ELF 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.
ELF Beauty after-hype prediction price | USD 176.65 |
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.
Prediction based on Rule 16 of the current ELF contract
Based on the Rule 16, the options market is currently suggesting that ELF Beauty will have an average daily up or down price movement of about 4.24% per day over the life of the 2024-04-26 option contract. With ELF Beauty trading at USD 176.99, that is roughly USD 7.51 . If you think that the market is fully incorporating ELF Beauty's daily price movement you should consider acquiring ELF Beauty options at the current volatility level of 67.91%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
ELF |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ELF Beauty's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
ELF Beauty After-Hype Price Prediction Density Analysis
As far as predicting the price of ELF Beauty 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 ELF Beauty 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 ELF Beauty, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
ELF Beauty Estimiated After-Hype Price Volatility
In the context of predicting ELF Beauty's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on ELF Beauty's historical news coverage. ELF Beauty's after-hype downside and upside margins for the prediction period are 173.21 and 180.09, respectively. We have considered ELF Beauty's 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
ELF Beauty is very steady at this time. Analysis and calculation of next after-hype price of ELF Beauty is based on 3 months time horizon.
ELF Beauty Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as ELF Beauty is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ELF Beauty 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 ELF Beauty, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.26 | 3.44 | 0.34 | 0.04 | 12 Events / Month | 4 Events / Month | In about 12 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
176.99 | 176.65 | 0.19 |
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ELF Beauty Hype Timeline
On the 24th of April ELF Beauty is traded for 176.99. The entity has historical hype elasticity of -0.34, and average elasticity to hype of competition of -0.04. ELF is expected to decline in value after the next headline, with the price expected to drop to 176.65. The average volatility of media hype impact on the company price is over 100%. The price depreciation on the next news is expected to be -0.19%, whereas the daily expected return is currently at 0.26%. The volatility of related hype on ELF Beauty is about 2356.16%, with the expected price after the next announcement by competition of 176.95. About 99.0% of the company shares are held by institutions such as insurance companies. The company has Price/Earnings To Growth (PEG) ratio of 2.03. ELF Beauty had not issued any dividends in recent years. Considering the 90-day investment horizon the next expected press release will be in about 12 days. Check out ELF Beauty Basic Forecasting Models to cross-verify your projections.ELF Beauty Related Hype Analysis
Having access to credible news sources related to ELF Beauty's direct competition is more important than ever and may enhance your ability to predict ELF Beauty's future price movements. Getting to know how ELF Beauty's 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 ELF Beauty may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| PG | Procter Gamble | (0.90) | 7 per month | 0.55 | 0.05 | 1.30 | (0.91) | 6.89 | |
| CL | Colgate Palmolive | (0.37) | 10 per month | 0.48 | 0.08 | 1.38 | (1.09) | 4.02 | |
| HIMS | Hims Hers Health | 0.27 | 12 per month | 2.49 | 0.11 | 7.67 | (4.72) | 36.38 | |
| EWCZ | European Wax Center | 0.34 | 10 per month | 0.00 | (0.11) | 3.42 | (4.95) | 24.02 | |
| SPB | Spectrum Brands Holdings | (0.07) | 10 per month | 1.37 | (0.02) | 2.39 | (2.43) | 10.89 |
ELF Beauty Additional Predictive Modules
Most predictive techniques to examine ELF price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for ELF using various technical indicators. When you analyze ELF 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About ELF Beauty Predictive Indicators
The successful prediction of ELF Beauty 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 ELF Beauty, 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 ELF Beauty based on analysis of ELF Beauty hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to ELF Beauty's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to ELF Beauty's related companies. | 2020 | 2021 | 2022 | 2024 (projected) | Days Sales Outstanding | 46.11 | 42.41 | 42.83 | 55.13 | PTB Ratio | 4.91 | 4.21 | 10.51 | 3.5 |
Story Coverage note for ELF Beauty
The number of cover stories for ELF Beauty depends on current market conditions and ELF Beauty's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that ELF Beauty 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 ELF Beauty's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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ELF Beauty Short Properties
ELF Beauty's future price predictability will typically decrease when ELF Beauty's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of ELF Beauty often depends not only on the future outlook of the potential ELF Beauty's 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. ELF Beauty's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 55.3 M | |
| Cash And Short Term Investments | 120.8 M |
Check out ELF Beauty Basic Forecasting Models to cross-verify your projections. For more detail on how to invest in ELF Stock please use our How to Invest in ELF Beauty guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for ELF Stock analysis
When running ELF Beauty's price analysis, check to measure ELF Beauty's 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 ELF Beauty is operating at the current time. Most of ELF Beauty's value examination focuses on studying past and present price action to predict the probability of ELF Beauty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ELF Beauty's price. Additionally, you may evaluate how the addition of ELF Beauty to your portfolios can decrease your overall portfolio volatility.
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Is ELF Beauty's industry 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 ELF Beauty. If investors know ELF 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 ELF Beauty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.353 | Earnings Share 2.26 | Revenue Per Share 16.432 | Quarterly Revenue Growth 0.849 | Return On Assets 0.108 |
The market value of ELF Beauty is measured differently than its book value, which is the value of ELF that is recorded on the company's balance sheet. Investors also form their own opinion of ELF Beauty's value that differs from its market value or its book value, called intrinsic value, which is ELF Beauty's 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 ELF Beauty's market value can be influenced by many factors that don't directly affect ELF Beauty's 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 ELF Beauty's value and its price as these two are different measures arrived at by different means. Investors typically determine if ELF Beauty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ELF Beauty's 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.