ELF Beauty Stock Forecast - Daily Balance Of Power

ELF Stock  USD 127.76  3.14  2.40%   
ELF Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of ELF Beauty's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At this time, ELF Beauty's Inventory Turnover is most likely to slightly decrease in the upcoming years. The ELF Beauty's current Payables Turnover is estimated to increase to 5.11, while Receivables Turnover is projected to decrease to 7.28. . The ELF Beauty's current Net Income Applicable To Common Shares is estimated to increase to about 18.8 M, while Common Stock Shares Outstanding is projected to decrease to roughly 48.7 M.
On December 23, 2024 ELF Beauty had Daily Balance Of Power of (0.13). Balance of Power indicator (or BOP) measures the strength of ELF Beauty market sensitivity to bulls and bears. It estimates the ability of ELF Beauty buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring ELF Beauty Balance of Power indicator one can determine a trend of the price direction.
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ELF Beauty Trading Date Momentum

On December 24 2024 ELF Beauty was traded for  131.91  at the closing time. Highest ELF Beauty's price during the trading hours was 132.38  and the lowest price during the day was  128.61 . The net volume was 495.2 K. The overall trading history on the 24th of December contributed to the next trading period price rise. The overall trading delta to the next next day price was 2.30% . The overall trading delta to current price is 1.22% .
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 ELF Beauty

For every potential investor in ELF, whether a beginner or expert, ELF Beauty's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. ELF Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in ELF. Basic forecasting techniques help filter out the noise by identifying ELF Beauty's price trends.

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 Risk & Return  Correlation

ELF Beauty 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 ELF Beauty's 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 ELF Beauty's current price.

ELF Beauty Market Strength Events

Market strength indicators help investors to evaluate how ELF Beauty stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ELF Beauty shares will generate the highest return on investment. By undertsting and applying ELF Beauty stock market strength indicators, traders can identify ELF Beauty entry and exit signals to maximize returns.

ELF Beauty Risk Indicators

The analysis of ELF Beauty's 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 ELF Beauty's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting elf 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.
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.

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When determining whether ELF Beauty is a strong investment it is important to analyze ELF Beauty's 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 ELF Beauty's future performance. For an informed investment choice regarding ELF Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of ELF Beauty 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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Personal Care Products 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 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
(0.43)
Earnings Share
1.85
Revenue Per Share
21.846
Quarterly Revenue Growth
0.397
Return On Assets
0.0812
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.