He might be wrestling real well right now, but he didn't when it mattered at NCAAs last year. He failed to place whereas Elam brough homr 3rd.
Elam hasn't lost this year (yet). Buchanan beat Elam last time they wrestled, so he gets the benefit of the doubt there.
Whereas we might predict Beard beats one and/or both, that is not how rankings work. Rankings work off actual results not projected results or current momentum.
Beard is 'rated' as #3 by Wrestlestat because it is not a ranking service.