Chemung Financial Corp Stock Price on November 18, 2024

CHMG Stock  USD 51.83  0.20  0.38%   
Below is the normalized historical share price chart for Chemung Financial Corp extending back to April 04, 1994. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Chemung Financial stands at 51.83, as last reported on the 28th of November, with the highest price reaching 52.68 and the lowest price hitting 51.78 during the day.
IPO Date
4th of January 1999
200 Day MA
45.1916
50 Day MA
48.633
Beta
0.168
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Chemung Stock, it is important to understand the factors that can impact its price. At this point, Chemung Financial is very steady. Chemung Financial Corp secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Chemung Financial Corp, which you can use to evaluate the volatility of the firm. Please confirm Chemung Financial's risk adjusted performance of 0.1027, and Mean Deviation of 0.789 to double-check if the risk estimate we provide is consistent with the expected return of 0.18%.
  
The Chemung Financial's current Liabilities And Stockholders Equity is estimated to increase to about 2.8 B, while Total Stockholder Equity is projected to decrease to roughly 120.1 M. . At this time, Chemung Financial's Price Book Value Ratio is most likely to increase slightly in the upcoming years. The Chemung Financial's current Price To Operating Cash Flows Ratio is estimated to increase to 8.94, while Price Earnings To Growth Ratio is forecasted to increase to (0.65). Chemung Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1363

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Estimated Market Risk

 1.34
  actual daily
11
89% of assets are more volatile

Expected Return

 0.18
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.14
  actual daily
10
90% of assets perform better
Based on monthly moving average Chemung Financial is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Chemung Financial by adding it to a well-diversified portfolio.
Price Book
1.1221
Price Sales
2.6384
Shares Float
2.7 M
Dividend Share
1.24
Wall Street Target Price
54

Chemung Financial Main Headline on 18th of November 2024

SVB Financial Group and Chemung Financial are both small-cap finance companies, but which is the superior investment We will compare the two businesses based on the strength of their analyst recommendations, dividends, profitability, valuation, earnings, institutional ownership and risk. Insider and Institutional Ownership 8.7 percent of

Chemung Financial Valuation on November 18, 2024

It is possible to determine the worth of Chemung Financial on a given historical date. On November 18, 2024 Chemung was worth 51.44 at the beginning of the trading date compared to the closed value of 51.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chemung Financial stock. Still, in general, we apply an absolute valuation method to find Chemung Financial's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Chemung Financial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chemung Financial's related companies.
 Open High Low Close Volume
  51.61    52.10    51.43    51.55    12,822  
11/18/2024
  51.44    51.77    51.21    51.21    11,401  
  50.81    51.43    50.56    50.65    12,253  
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Open Value
51.44
51.21
Closing Value
55.46
Upside

Chemung Financial Trading Date Momentum on November 18, 2024

On November 19 2024 Chemung Financial Corp was traded for  50.65  at the closing time. The top price for the day was 51.43  and the lowest listed price was  50.56 . The trading volume for the day was 12.3 K. The trading history from November 19, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.09% . The overall trading delta against the current closing price is 2.87% .

Chemung Financial Corp Fundamentals Correlations and Trends

By evaluating Chemung Financial's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Chemung Financial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Chemung financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Chemung Financial Stock history

Chemung Financial investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Chemung is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chemung Financial Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Chemung Financial stock prices may prove useful in developing a viable investing in Chemung Financial
Last ReportedProjected for Next Year
Common Stock Shares Outstanding4.7 M4.6 M
Net Income Applicable To Common Shares33.1 M34.8 M

Chemung Financial Stock Technical Analysis

Chemung Financial technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Chemung Financial technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Chemung Financial trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Chemung Financial Period Price Range

Low
November 28, 2024
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High

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Chemung Financial Corp cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Chemung Financial November 28, 2024 Market Strength

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

Chemung Financial Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Chemung Financial's price direction in advance. Along with the technical and fundamental analysis of Chemung Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chemung to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Chemung Stock analysis

When running Chemung Financial's price analysis, check to measure Chemung Financial'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 Chemung Financial is operating at the current time. Most of Chemung Financial's value examination focuses on studying past and present price action to predict the probability of Chemung Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chemung Financial's price. Additionally, you may evaluate how the addition of Chemung Financial to your portfolios can decrease your overall portfolio volatility.
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