Based on the story provided, here is the evaluation of its Tragedy Degree and Comedy Degree:

- **Tragedy Degree:** There are no significant tragic elements or profound emotional setbacks in the story. The tale focuses on Elara's positive experience, her success at the festival, and the honoring of her grandmother's legacy.
- **Comedy Degree:** The story is heartwarming and has a positive, uplifting conclusion. Elara's journey is enjoyable and light-hearted, but it does not contain overtly comedic elements or an extremely happy comedic ending. 

Given these observations, the story would score as follows:

```json
{
  "TragedyDegree": 1,
  "ComedyDegree": 6
}
```

This rating reflects the story's minimal tragedy and its generally light-hearted, positive nature, somewhat inclined towards a happy ending.
