Cherry Hill Mortgage Preferred Stock Price on January 16, 2024

CHMI-PA Preferred Stock  USD 22.26  0.25  1.14%   
If you're considering investing in Cherry Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cherry Hill stands at 22.26, as last reported on the 29th of November, with the highest price reaching 22.30 and the lowest price hitting 22.11 during the day. Cherry Hill Mortgage secures Sharpe Ratio (or Efficiency) of -0.038, which signifies that the company had a -0.038% return per unit of standard deviation over the last 3 months. Cherry Hill Mortgage exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cherry Hill's risk adjusted performance of (0.03), and Mean Deviation of 0.6612 to double-check the risk estimate we provide.
  
Cherry Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.038

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Estimated Market Risk

 1.05
  actual daily
9
91% of assets are more volatile

Expected Return

 -0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Cherry Hill is not performing at its full potential. However, 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 Cherry Hill by adding Cherry Hill to a well-diversified portfolio.

Cherry Hill Valuation on January 16, 2024

It is possible to determine the worth of Cherry Hill on a given historical date. On January 16, 2024 Cherry was worth 21.34 at the beginning of the trading date compared to the closed value of 21.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cherry Hill preferred stock. Still, in general, we apply an absolute valuation method to find Cherry Hill'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 Cherry Hill where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cherry Hill's related companies.
 Open High Low Close Volume
  21.37    21.37    21.33    21.37    1,566  
01/16/2024
  21.34    21.53    21.19    21.35    6,004  
  21.43    21.43    21.34    21.34    1,579  
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Open Value
21.34
21.35
Closing Value
24.50
Upside

Cherry Hill Trading Date Momentum on January 16, 2024

On January 17 2024 Cherry Hill Mortgage was traded for  21.34  at the closing time. The highest price during the trading period was 21.43  and the lowest recorded bid was listed for  21.34 . The volume for the day was 1.6 K. This history from January 17, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.05% . The overall trading delta to the current price is 3.00% .

Cherry Hill Mortgage Fundamentals Correlations and Trends

By evaluating Cherry Hill'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 Cherry Hill's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cherry financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Cherry Hill Preferred Stock history

Cherry Hill 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 Cherry is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cherry Hill Mortgage 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 Cherry Hill stock prices may prove useful in developing a viable investing in Cherry Hill
Cherry Hill Mortgage Investment Corporation, a residential real estate finance company, acquires, invests in, and manages residential mortgage assets in the United States. Cherry Hill Mortgage Investment Corporation was founded in 2012 and is based in Farmingdale, New Jersey. Cherry Hill operates under REIT - Residential classification in USA and is traded on New York Stock Exchange.

Cherry Hill Preferred Stock Technical Analysis

Cherry Hill technical preferred 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, preferred stock market cycles, or different charting patterns.
A focus of Cherry Hill technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cherry Hill 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

Cherry Hill Period Price Range

Low
November 29, 2024
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Cherry Hill Mortgage cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.

Cherry Hill November 29, 2024 Market Strength

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

Cherry Hill Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Cherry Hill's price direction in advance. Along with the technical and fundamental analysis of Cherry Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cherry 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 Cherry Preferred Stock analysis

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