Chemung Financial Corp Stock Buy Hold or Sell Recommendation

CHMG Stock  USD 48.81  0.81  1.69%   
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Chemung Financial Corp is 'Hold'. Macroaxis provides Chemung Financial buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CHMG positions.
  
Check out Chemung Financial Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
Note, we conduct extensive research on individual companies such as Chemung and provide practical buy, sell, or hold advice based on investors' constraints. Chemung Financial Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Execute Chemung Financial Buy or Sell Advice

The Chemung recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Chemung Financial Corp. Macroaxis does not own or have any residual interests in Chemung Financial Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Chemung Financial's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Chemung FinancialBuy Chemung Financial
Hold

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

Low keyDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

Very LowDetails

Economic Sensitivity

Slowly supersedes the marketDetails

Investor Sentiment

InterestedDetails

Analyst Consensus

BuyDetails

Financial Strenth (F Score)

HealthyDetails

Financial Leverage

Not RatedDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Chemung Financial Corp has a Risk Adjusted Performance of (0.05), Jensen Alpha of (0.11), Total Risk Alpha of 0.1248 and Treynor Ratio of (0.37)
Our investment recommendation tool can be used to complement Chemung Financial trade advice provided by experts. It analyzes the company's potential to grow against your specific risk preferences and investment horizon. To make sure Chemung Financial is not overpriced, please confirm all Chemung Financial Corp fundamentals, including its shares outstanding, gross profit, cash flow from operations, as well as the relationship between the price to earning and cash per share . Given that Chemung Financial Corp has a number of shares shorted of 14.21 K, we suggest you to validate Chemung Financial Corp market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Chemung Financial Trading Alerts and Improvement Suggestions

Chemung Financial generated a negative expected return over the last 90 days
Latest headline from news.google.com: Chemung Financial EVP Thomas W. Wirth Announces Retirement - TipRanks

Chemung Financial Returns Distribution Density

The distribution of Chemung Financial's historical returns is an attempt to chart the uncertainty of Chemung Financial's future price movements. The chart of the probability distribution of Chemung Financial daily returns describes the distribution of returns around its average expected value. We use Chemung Financial Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Chemung Financial returns is essential to provide solid investment advice for Chemung Financial.
Mean Return
-0.15
Value At Risk
-2.46
Potential Upside
1.69
Standard Deviation
2.28
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Chemung Financial historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Chemung Stock Institutional Investors

Shares
First Manhattan Co. Llc2024-12-31
41.3 K
Basswood Capital Management Llc2024-12-31
37.9 K
Royce & Associates, Lp2024-12-31
31 K
Alliancebernstein L.p.2024-12-31
30.5 K
Northern Trust Corp2024-12-31
26.2 K
Empowered Funds, Llc2024-12-31
22.3 K
Connor Clark & Lunn Inv Mgmt Ltd2024-12-31
20.9 K
Citadel Advisors Llc2024-12-31
20.8 K
Bank Of New York Mellon Corp2024-12-31
19.6 K
Chemung Canal Trust Co2024-12-31
318.6 K
Blackrock Inc2024-12-31
253.2 K
Note, although Chemung Financial's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Chemung Financial Cash Flow Accounts

202020212022202320242025 (projected)
Change In Cash(13.4M)(81.6M)28.9M(19.0M)(17.1M)(16.3M)
Free Cash Flow27.8M35.1M34.6M30.4M35.0M36.7M
Depreciation4.3M3.5M3.0M2.8M3.2M3.6M
Other Non Cash Items6.1M3.5M(25.0M)5.6M6.4M6.7M
Dividends Paid5.0M5.3M5.8M5.8M6.7M4.2M
Capital Expenditures867K367K426K462K415.8K395.0K
Net Income19.3M26.4M28.8M25M28.8M30.2M
End Period Cash Flow108.5M27.0M55.9M36.8M42.4M52.2M
Investments(495.8M)(242.6M)(252.5M)(82.4M)(74.1M)(77.9M)
Net Borrowings(219K)(236K)14.3M81.0M93.1M97.8M
Change To Netincome4.1M6.8M486K1.5M1.8M3.0M

Chemung Financial Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Chemung Financial or Banks sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Chemung Financial's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Chemung stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over Dow Jones
-0.11
β
Beta against Dow Jones0.43
σ
Overall volatility
2.36
Ir
Information ratio -0.02

Chemung Financial Volatility Alert

Chemung Financial Corp exhibits very low volatility with skewness of 4.02 and kurtosis of 27.08. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Chemung Financial's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Chemung Financial's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Chemung Financial Fundamentals Vs Peers

Comparing Chemung Financial's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Chemung Financial's direct or indirect competition across all of the common fundamentals between Chemung Financial and the related equities. This way, we can detect undervalued stocks with similar characteristics as Chemung Financial or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Chemung Financial's fundamental indicators could also be used in its relative valuation, which is a method of valuing Chemung Financial by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Chemung Financial to competition
FundamentalsChemung FinancialPeer Average
Return On Equity0.12-0.31
Return On Asset0.0086-0.14
Profit Margin0.24 %(1.27) %
Operating Margin0.32 %(5.51) %
Current Valuation304.36 M16.62 B
Shares Outstanding4.77 M571.82 M
Shares Owned By Insiders11.80 %10.09 %
Shares Owned By Institutions42.70 %39.21 %
Number Of Shares Shorted14.21 K4.71 M
Price To Earning9.66 X28.72 X
Price To Book1.06 X9.51 X
Price To Sales2.39 X11.42 X
Revenue97.33 M9.43 B
Gross Profit97.33 M27.38 B
EBITDA31.5 M3.9 B
Net Income25 M570.98 M
Cash And Equivalents42.42 M2.7 B
Cash Per Share9.04 X5.01 X
Total Debt40.8 M5.32 B
Debt To Equity10.80 %48.70 %
Book Value Per Share45.13 X1.93 K
Cash Flow From Operations30.88 M971.22 M
Short Ratio0.99 X4.00 X
Earnings Per Share4.96 X3.12 X
Target Price58.33
Beta0.15-0.15
Market Capitalization232.87 M19.03 B
Total Asset2.71 B29.47 B
Retained Earnings229.93 M9.33 B
Annual Yield0.03 %
Five Year Return2.64 %
Net Asset2.71 B
Last Dividend Paid1.24
Note: Acquisition by Kenefick Jeffrey P. of 1454 shares of Chemung Financial at 51.61 subject to Rule 16b-3 [view details]

Chemung Financial Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Chemung . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Chemung Financial Buy or Sell Advice

When is the right time to buy or sell Chemung Financial Corp? Buying financial instruments such as Chemung Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Chemung Financial in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Insurance
Insurance Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Insurance theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Insurance Theme or any other thematic opportunities.
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When determining whether Chemung Financial Corp is a strong investment it is important to analyze Chemung Financial'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 Chemung Financial's future performance. For an informed investment choice regarding Chemung Stock, refer to the following important reports:
Check out Chemung Financial Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Regional Banks 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 Chemung Financial. If investors know Chemung 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 Chemung Financial 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
0.545
Dividend Share
1.24
Earnings Share
4.96
Revenue Per Share
20.406
Quarterly Revenue Growth
0.18
The market value of Chemung Financial Corp is measured differently than its book value, which is the value of Chemung that is recorded on the company's balance sheet. Investors also form their own opinion of Chemung Financial's value that differs from its market value or its book value, called intrinsic value, which is Chemung Financial'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 Chemung Financial's market value can be influenced by many factors that don't directly affect Chemung Financial'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 Chemung Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chemung Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chemung Financial'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.