Chemung Financial Corp Stock Price on December 6, 2024

CHMG Stock  USD 50.05  0.35  0.70%   
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 50.05, as last reported on the 22nd of December, with the highest price reaching 51.00 and the lowest price hitting 49.38 during the day.
IPO Date
4th of January 1999
200 Day MA
46.0621
50 Day MA
50.54
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 0.0506, which signifies that the company had a 0.0506% 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 0.036, and Mean Deviation of 0.9395 to double-check if the risk estimate we provide is consistent with the expected return of 0.0755%.
  
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 = 0.0506

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Estimated Market Risk

 1.49
  actual daily
13
87% of assets are more volatile

Expected Return

 0.08
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
3
97% of assets perform better
Based on monthly moving average Chemung Financial is performing at about 3% 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
1.0783
Price Sales
2.5478
Shares Float
2.7 M
Dividend Share
1.24
Wall Street Target Price
57

Chemung Financial Main Headline on 6th of December 2024

Filed transaction by Chemung Financial Corp Officer Evp Cio. Grant, award or other acquisition pursuant to Rule 16b-3

Chemung Financial Valuation on December 6, 2024

It is possible to determine the worth of Chemung Financial on a given historical date. On December 6, 2024 Chemung was worth 54.42 at the beginning of the trading date compared to the closed value of 54.77. 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
  52.68    54.32    52.68    54.31    45,834  
12/06/2024
  54.42    55.40    54.41    54.77    19,082  
  55.14    55.14    54.37    54.37    8,484  
Backtest Chemung Financial  |  Chemung Financial History  |  Chemung Financial Valuation   PreviousNext  
Open Value
54.42
54.77
Closing Value
58.90
Upside

Chemung Financial Trading Date Momentum on December 6, 2024

On December 09 2024 Chemung Financial Corp was traded for  54.37  at the closing time. The top price for the day was 55.14  and the lowest listed price was  54.37 . The trading volume for the day was 8.5 K. The trading history from December 9, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.73% . The overall trading delta against the current closing price is 0.73% .

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
December 22, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

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 December 22, 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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