Chemung Financial Stock Forecast - Polynomial Regression
Chemung Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Chemung Financial's historical fundamentals, such as revenue growth or operating cash flow patterns.
Predictive Modules for Chemung Financial
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, however, 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.Chemung Financial Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Chemung Financial stock to make a market-neutral strategy. Peer analysis of Chemung Financial could also be used in its relative valuation, which is a method of valuing Chemung Financial by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Chemung Financial Risk Indicators
The analysis of Chemung Financial's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Chemung Financial's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting chemung stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.42 | |||
| Semi Deviation | 1.34 | |||
| Standard Deviation | 1.8 | |||
| Variance | 3.23 | |||
| Downside Variance | 2.81 | |||
| Semi Variance | 1.79 | |||
| Expected Short fall | (1.61) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Currently Active Assets on Macroaxis
When determining whether Chemung Financial Corp is a strong investment it is important to analyze Chemung Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Chemung Financial's future performance. For an informed investment choice regarding Chemung Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Regional Banks space 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 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.