Chemung Story

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CHMG -- USA Stock  

USD 36.80  1.69  4.81%

Chemung Financial Enterprise Value is projected to decrease significantly based on the last few years of reporting. The past year's Enterprise Value was at 71.95 Million. The current year Invested Capital is expected to grow to about 1.7 B, whereas Revenue Per Employee is forecasted to decline to about 213.5 K. Today's short post will digest Chemung Financial as your potential position. We will discuss the question of why shareholders should continue to be confident in Chemung Financial outlook.
Published over a week ago
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Are Chemung (NASDAQ:CHMG) shareholders starting to hold back?
On a scale of 0 to 100, Chemung Financial holds a performance score of 12. The firm shows a Beta (market volatility) of -0.7959, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Chemung's beta means in this case. As returns on the market increase, returns on owning Chemung Financial are expected to decrease at a much lower rate. During the bear market, Chemung Financial is likely to outperform the market. Although it is vital to follow Chemung Financial Corp historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. The philosophy in foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. We have found twenty-eight technical indicators for Chemung Financial Corp, which you can use to evaluate the performance of the firm. Please makes use of Chemung Financial Corp potential upside, rate of daily change, and the relationship between the sortino ratio and skewness to make a quick decision on whether Chemung Financial price patterns will revert.
There are currently many different techniques concerning forecasting the market as a whole as well as predicting future values of individual securities such as Chemung Financial Corp. Regardless of method or technology, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.

Predictive Modules for Chemung Financial


How important is Chemung Financial's Liquidity

Chemung Financial financial leverage refers to using borrowed capital as a funding source to finance Chemung Financial Corp ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Chemung Financial financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Chemung Financial's total debt and its cash.

How Chemung utilizes its cash?

To perform a cash flow analysis of Chemung Financial, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Chemung Financial is receiving and how much cash it distributes out in a given period. The Chemung Financial cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. Chemung Financial Net Cash Flow from Operations is projected to increase significantly based on the last few years of reporting. The past year's Net Cash Flow from Operations was at 26.41 Million

Detailed Outlook On Chemung Financial

Chemung Financial Corp currently demonstrates below-verage downside deviation. It has Information Ratio of 0.11 and Jensen Alpha of 0.56. However, we do advice investors to further question Chemung Financial Corp expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk.

Returns Breakdown

Return on Assets0.007876
Return on Equity0.0913
Return Capital0.0109
Return on Sales0.27

Over 3 percent surge for Chemung Financial. What does it mean for shareholders?

The jensen alpha is down to 0.56 as of today. Chemung Financial Corp currently demonstrates below-verage downside deviation. It has Information Ratio of 0.11 and Jensen Alpha of 0.56. However, we do advice investors to further question Chemung Financial Corp expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk.

Our Final Takeaway

Although many other companies under the banks?regional industry are still a bit expensive, Chemung Financial may offer a potential longer-term growth to shareholders. The bottom line, as of the 18th of October 2020, we believe Chemung Financial is currently overvalued. It moves slightly opposite to the market and projects low chance of financial distress in the next two years. Our latest 30 days 'Buy-Sell' recommendation on the firm is Sell.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of Chemung Financial Corp. Please refer to our Terms of Use for any information regarding our disclosure principles.

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