Richard Carr - Chemung Financial Executive VP of Chemung Canal Trust Company
| CHMG Stock | USD 44.69 1.19 2.74% |
EVP
Mr. Richard G. Carr is the Executive Vice President Client Service of Chemung Canal Trust Company, a subsidiary of Chemung Financial Corporation since 2011. He served as Senior Vice President of the Bank . Mr. Carr was with the Company since 1997. since 2011.
| Age | 60 |
| Tenure | 13 years |
| Address | One Chemung Canal Plaza, Elmira, NY, United States, 14901 |
| Phone | 607 737 3711 |
| Web | https://www.chemungcanal.com |
Chemung Financial Management Efficiency
At this time, Chemung Financial's Return On Tangible Assets are most likely to increase slightly in the upcoming years. The Chemung Financial's current Return On Assets is estimated to increase to 0.01, while Return On Capital Employed is projected to decrease to 0.03. At this time, Chemung Financial's Return On Tangible Assets are most likely to increase slightly in the upcoming years. The Chemung Financial's current Intangibles To Total Assets is estimated to increase to 0.01, while Other Assets are projected to decrease to roughly 666 M. Chemung Financial's management efficiency ratios could be used to measure how well Chemung Financial manages its routine affairs as well as how well it operates its assets and liabilities.Management Performance
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0091 |
Chemung Financial Corp Leadership Team
Elected by the shareholders, the Chemung Financial's board of directors comprises two types of representatives: Chemung Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Chemung. The board's role is to monitor Chemung Financial's management team and ensure that shareholders' interests are well served. Chemung Financial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Chemung Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Denise Gonick, Director | ||
| Bruce Boyea, Independent Director | ||
| Thomas Tyrrell, Director | ||
| CFA CFA, Ex Company | ||
| Kevin Tully, Director | ||
| Thomas Tranter, Director | ||
| Kathy McKillip, IR Contact Officer | ||
| Eugene Sneeringer, Independent Director | ||
| Ronald Bentley, CEO and President Director, Member of Executive Committee, CEO of Chemung Canal Trust Company and President of Chemung Canal Trust Company and Director of Chemung Canal Trust Company | ||
| Kathleen McKillip, VP Secretary | ||
| Scott Heffner, Senior Marketing | ||
| Monica Ridosh, Director VP | ||
| Louis DiFabio, Executive Vice President - Retail Client Services of the Bank | ||
| Richard Swan, Independent Director | ||
| Karl Krebs, CFO, Principal Accounting Officer, Treasurer, CFO of Chemung Canal Trust Company, Executive VP of Chemung Canal Trust Company and Treasurer of of Chemung Canal Trust Company | ||
| Clover Drinkwater, Independent Director | ||
| David Dalrymple, Independent Chairman of the Board | ||
| Peter Cosgrove, Chief EVP | ||
| Karen Makowski, Chief Admin. and Risk Officer, Executive VP and Member of Risk Committee | ||
| Loren Cole, Executive Officer | ||
| Jeffrey Streeter, Director | ||
| Kimberly Hazelton, Executive Vice President of Retail Client Services of the Bank | ||
| Anders Tomson, President of Capital Bank Division | ||
| William Eggers, Independent Director | ||
| Dale III, CFO VP | ||
| Norman Ward, Chief SVP | ||
| Richard Carr, Executive VP of Chemung Canal Trust Company | ||
| Robert Dalrymple, Independent Director | ||
| Daniel Fariello, President Division | ||
| Larry Becker, Independent Director | ||
| Stephen Lounsberry, Independent Director | ||
| JD CFP, Senior Administration | ||
| Thomas CFA, Executive Company | ||
| Thomas Wirth, Executive Vice President - Wealth Management Group of the Bank | ||
| Pamela Burns, VP Officer | ||
| John Potter, Independent Director | ||
| Melinda Sartori, Executive VP and Executive VP of Chemung Canal Trust Company | ||
| David Buicko, Director |
Chemung Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Chemung Financial a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0091 | ||||
| Profit Margin | 0.26 % | ||||
| Operating Margin | 0.38 % | ||||
| Current Valuation | 171.72 M | ||||
| Shares Outstanding | 4.77 M | ||||
| Shares Owned By Insiders | 18.43 % | ||||
| Shares Owned By Institutions | 39.63 % | ||||
| Number Of Shares Shorted | 14.9 K | ||||
| Price To Earning | 9.66 X |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Chemung Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Chemung Financial's short interest history, or implied volatility extrapolated from Chemung Financial options trading.
Pair Trading with Chemung Financial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Chemung Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Chemung Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with Chemung Stock
| 0.77 | AX | Axos Financial Earnings Call This Week | PairCorr |
| 0.88 | BY | Byline Bancorp Earnings Call This Week | PairCorr |
Moving against Chemung Stock
| 0.8 | NU | Nu Holdings Financial Report 20th of May 2024 | PairCorr |
| 0.77 | TECTP | Tectonic Financial | PairCorr |
| 0.74 | CFG-PD | Citizens Financial | PairCorr |
| 0.69 | KB | KB Financial Group Earnings Call This Week | PairCorr |
| 0.66 | WF | Woori Financial Group Financial Report 21st of May 2024 | PairCorr |
The ability to find closely correlated positions to Chemung Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chemung Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Chemung Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Chemung Financial Corp to buy it.
The correlation of Chemung Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Chemung Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chemung Financial Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Chemung Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chemung Financial Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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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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.
Quarterly Earnings Growth (0.04) | Dividend Share 1.24 | Earnings Share 5.28 | Revenue Per Share 20.334 | Quarterly Revenue Growth 0.028 |
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.