Chemung Stock Future Price Prediction

CHMG -  USA Stock  

USD 46.00  1.37  2.89%

Chemung Financial stock price prediction is an act of determining the future value of Chemung Financial shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Chemung Financial's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Chemung Financial and does not consider all of the tangible or intangible factors available from Chemung Financial's fundamental data. We analyze noise-free headlines and recent hype associated with Chemung Financial Cp, which may create opportunities for some arbitrage if properly timed.
Continue to Chemung Financial Basic Forecasting Models to cross-verify your projections.

Chemung Price Prediction 

 
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It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Chemung Financial based on different types of headlines from major news networks to social media. The Chemung stock price prediction module provides an analysis of price elasticity to changes in media outlook on Chemung Financial over a specific investment horizon. Using Chemung Financial hype-based prediction, you can estimate the value of Chemung Financial Cp from the perspective of Chemung Financial response to recently generated media hype and the effects of current headlines on its competitors.
Chemung Financial Cash and Equivalents Turnover is projected to slightly decrease based on the last few years of reporting. The past year's Cash and Equivalents Turnover was at 0.76. The current year Revenue to Assets is expected to grow to 0.0494, whereas Accrued Expenses Turnover is forecasted to decline to 63.36.
This module is based on analyzing investor sentiment around taking a position in Chemung Financial. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. 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

    
  $ 47.45  
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.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Chemung Financial's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Chemung Financial in the context of predictive analytics.
Intrinsic
Valuation
LowReal ValueHigh
42.9844.6552.20
Details
Naive
Forecast
LowNext ValueHigh
45.8047.4749.13
Details
2 Analysts
Consensus
LowTarget PriceHigh
48.0050.0052.00
Details
Earnings
Estimates (2)
LowProjected EPSHigh
5.055.155.25
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Chemung Financial. Your research has to be compared to or analyzed against Chemung Financial's peers to derive any actionable benefits. When done correctly, Chemung Financial's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Chemung Financial.

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 smart people 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 45.78 and 49.12, 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
46.00
3rd of December 2021
47.45
After-hype Price
49.12
Upside
Chemung Financial is very steady asset. Analysis and calculation of next after-hype price of Chemung Financial 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.
Daily Expected returnPeriod VolatilityHype elasticityRelated hype elasticityAverage news densityRelated news densityNext Expected Hype
 0.01  1.71  0.00   0.00  6 Events / Month1 Events / MonthIn about 6 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
46.0047.450.00 
8,550  

Chemung Financial Hype Timeline

Chemung Financial is currently traded for 46.00. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Chemung expected not to react to the next headlinewith price going to stay at about the same level and average media hype impact volatility of over 100%. The immediate return on the next newsis expected to be very small whereas the daily expected return is currently at -0.01%. The volatility of relative hype elasticity to Chemung Financial is about 2850.0%. The volatility of related hype on Chemung Financial is about 2850.0% with expected price after next announcement by competition of 46.0. About 22.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.11. Some equities with similar Price to Book (P/B) outperform the market in the long run. Chemung Financial next dividend is scheduled to be issued on the 16th of September 2021. The entity had 2:1 split on the 3rd of June 1998. Given the investment horizon of 90 days the next expectedpress releasewill be in about 6 days.
Continue to 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 rivals 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.

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.

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 Cp, 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.
 2018 2019 2020 2021 (projected)
PPandE Turnover3.393.674.133.4
Calculated Tax Rate16.9618.0319.327.41

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.

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 Cp 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.
Shares Percent Shares Out0.51%
Trailing Annual Dividend Rate1.04
Short Percent Of Float0.64%
Float Shares3.03M
Shares Short Prior Month22.77k
Average Daily Volume Last 10 Day5.39k
Average Daily Volume In Three Month5.02k
Date Short Interest15th of September 2021
Trailing Annual Dividend Yield2.23%
Continue to Chemung Financial Basic Forecasting Models to cross-verify your projections. Note that the Chemung Financial information on this page should be used as a complementary analysis to other Chemung Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Complementary Tools for Chemung Stock analysis

When running Chemung Financial 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 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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Is Chemung Financial's industry 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.
The market value of Chemung Financial 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 Chemung Financial value 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.