Chemung Financial Corp Stock Price Prediction
| CHMG Stock | USD 48.81 0.81 1.69% |
Momentum 49
Impartial
Oversold | Overbought |
Quarterly Earnings Growth 0.545 | EPS Estimate Next Quarter 1.17 | EPS Estimate Current Year 5.35 | EPS Estimate Next Year 6.2267 | Wall Street Target Price 58.3333 |
Using Chemung Financial hype-based prediction, you can estimate the value of Chemung Financial Corp from the perspective of Chemung Financial response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Chemung Financial to buy its stock at a price that has no basis in reality. In that case, they are not buying Chemung because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Chemung Financial after-hype prediction price | USD 48.82 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Chemung |
Chemung Financial After-Hype Price Prediction Density Analysis
As far as predicting the price of Chemung Financial at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Chemung Financial or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Chemung Financial, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Chemung Financial Estimiated After-Hype Price Volatility
In the context of predicting Chemung Financial's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Chemung Financial's historical news coverage. Chemung Financial's after-hype downside and upside margins for the prediction period are 46.46 and 51.18, respectively. We have considered Chemung Financial's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Chemung Financial is very steady at this time. Analysis and calculation of next after-hype price of Chemung Financial Corp is based on 3 months time horizon.
Chemung Financial Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Chemung Financial is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Chemung Financial backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Chemung Financial, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.13 | 2.36 | 0.01 | 0.00 | 9 Events / Month | 7 Events / Month | In about 9 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
48.81 | 48.82 | 0.02 |
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Chemung Financial Hype Timeline
Chemung Financial Corp is currently traded for 48.81. The entity has historical hype elasticity of 0.01, and average elasticity to hype of competition of 0.0. Chemung is expected to increase in value after the next headline, with the price projected to jump to 48.82 or above. The average volatility of media hype impact on the company the price is over 100%. The price rise on the next news is projected to be 0.02%, whereas the daily expected return is currently at -0.13%. The volatility of related hype on Chemung Financial is about 102266.67%, with the expected price after the next announcement by competition of 48.81. The company reported the previous year's revenue of 97.33 M. Net Income was 25 M with profit before overhead, payroll, taxes, and interest of 97.33 M. Given the investment horizon of 90 days the next expected press release will be in about 9 days. Check out Chemung Financial Basic Forecasting Models to cross-verify your projections.Chemung Financial Related Hype Analysis
Having access to credible news sources related to Chemung Financial's direct competition is more important than ever and may enhance your ability to predict Chemung Financial's future price movements. Getting to know how Chemung Financial's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Chemung Financial may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| FNWD | Finward Bancorp | (0.02) | 7 per month | 0.00 | 0.01 | 2.12 | (1.97) | 8.51 | |
| CWBC | Community West Bancshares | 0.34 | 10 per month | 0.00 | (0.13) | 2.28 | (2.17) | 6.01 | |
| FFNW | First Financial Northwest | (0.29) | 8 per month | 1.04 | 0.06 | 1.17 | (1.77) | 4.77 | |
| OVLY | Oak Valley Bancorp | (0.95) | 9 per month | 0.00 | (0.11) | 2.38 | (3.77) | 11.49 | |
| HMNF | HMN Financial | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| OFED | Oconee Federal Financial | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| CULL | Cullman Bancorp | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| HFBL | Home Federal Bancorp | 0.01 | 7 per month | 2.23 | 0.06 | 5.67 | (4.53) | 13.32 | |
| FNWB | First Northwest Bancorp | 0.02 | 9 per month | 0.00 | 0.01 | 2.68 | (2.76) | 9.99 | |
| FCCO | First Community | (0.39) | 9 per month | 0.00 | (0.04) | 3.41 | (3.73) | 10.26 | |
| BSVN | Bank7 Corp | 0.32 | 9 per month | 0.00 | (0.06) | 2.89 | (3.66) | 14.61 | |
| OBT | Orange County Bancorp | 0.97 | 8 per month | 0.00 | (0.08) | 2.90 | (3.30) | 10.65 | |
| COFS | ChoiceOne Financial Services | (0.04) | 7 per month | 0.00 | (0.20) | 1.57 | (2.81) | 8.84 |
Chemung Financial Additional Predictive Modules
Most predictive techniques to examine Chemung price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Chemung using various technical indicators. When you analyze Chemung charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Chemung Financial Predictive Indicators
The successful prediction of Chemung Financial stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Chemung Financial Corp, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Chemung Financial based on analysis of Chemung Financial hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Chemung Financial's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Chemung Financial's related companies. | 2022 | 2024 | 2025 (projected) | Dividend Yield | 0.0269 | 0.0316 | 0.0353 | Price To Sales Ratio | 2.28 | 2.83 | 4.06 |
Story Coverage note for Chemung Financial
The number of cover stories for Chemung Financial depends on current market conditions and Chemung Financial's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Chemung Financial is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Chemung Financial's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Chemung Financial Short Properties
Chemung Financial's future price predictability will typically decrease when Chemung Financial's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Chemung Financial Corp often depends not only on the future outlook of the potential Chemung Financial's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Chemung Financial's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 4.8 M |
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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