Cherry Hill Mortgage Stock Price on October 27, 2023

CHMI Stock  USD 2.77  0.07  2.59%   
Below is the normalized historical share price chart for Cherry Hill Mortgage extending back to October 04, 2013. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Cherry Hill stands at 2.77, as last reported on the 1st of December, with the highest price reaching 2.77 and the lowest price hitting 2.71 during the day.
IPO Date
4th of October 2013
200 Day MA
3.5104
50 Day MA
3.2526
Beta
1.535
 
Yuan Drop
 
Covid
If you're considering investing in Cherry Stock, it is important to understand the factors that can impact its price. Cherry Hill Mortgage secures Sharpe Ratio (or Efficiency) of -0.16, which signifies that the company had a -0.16% return per unit of standard deviation over the last 3 months. Cherry Hill Mortgage exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cherry Hill's risk adjusted performance of (0.11), and Mean Deviation of 1.17 to double-check the risk estimate we provide.
  
As of now, Cherry Hill's Capital Stock is increasing as compared to previous years. The Cherry Hill's current Sale Purchase Of Stock is estimated to increase to about 191.6 M, while Common Stock Shares Outstanding is projected to decrease to under 13.7 M. . As of now, Cherry Hill's Price To Book Ratio is increasing as compared to previous years. The Cherry Hill's current Price Fair Value is estimated to increase to 0.44, while Price To Sales Ratio is forecasted to increase to (10.13). Cherry Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1585

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Estimated Market Risk

 1.93
  actual daily
17
83% of assets are more volatile

Expected Return

 -0.31
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.16
  actual daily
0
Most of other assets perform better
Based on monthly moving average Cherry Hill is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Cherry Hill by adding Cherry Hill to a well-diversified portfolio.
Price Book
0.6696
Enterprise Value Ebitda
5.7193
Price Sales
3.618
Shares Float
29.9 M
Wall Street Target Price
5

Cherry Hill Valuation on October 27, 2023

It is possible to determine the worth of Cherry Hill on a given historical date. On October 27, 2023 Cherry was worth 2.39 at the beginning of the trading date compared to the closed value of 2.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cherry Hill stock. Still, in general, we apply an absolute valuation method to find Cherry Hill's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Cherry Hill where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cherry Hill's related companies.
 Open High Low Close Volume
  2.37    2.45    2.37    2.39    192,923  
10/27/2023
  2.39    2.44    2.37    2.40    184,559  
  2.39    2.42    2.38    2.39    166,896  
Backtest Cherry Hill  |  Cherry Hill History  |  Cherry Hill Valuation   PreviousNext  
Open Value
2.39
2.4
Closing Value
8.17
Upside

Cherry Hill Trading Date Momentum on October 27, 2023

On October 30 2023 Cherry Hill Mortgage was traded for  2.39  at the closing time. The top price for the day was 2.42  and the lowest listed price was  2.38 . The trading volume for the day was 166.9 K. The trading history from October 30, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.42% . The overall trading delta against the current closing price is 28.75% .

Cherry Hill Mortgage Fundamentals Correlations and Trends

By evaluating Cherry Hill's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Cherry Hill's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cherry financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Cherry Hill Stock history

Cherry Hill investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Cherry is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cherry Hill Mortgage will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Cherry Hill stock prices may prove useful in developing a viable investing in Cherry Hill
Last ReportedProjected for Next Year
Common Stock Shares Outstanding26.3 M13.7 M
Net Income Applicable To Common Shares10.7 M11.2 M

Cherry Hill Stock Technical Analysis

Cherry Hill technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Cherry Hill technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cherry Hill trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Cherry Hill Period Price Range

Low
December 1, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Cherry Hill Mortgage cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Cherry Hill December 1, 2024 Market Strength

Market strength indicators help investors to evaluate how Cherry Hill stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cherry Hill shares will generate the highest return on investment. By undertsting and applying Cherry Hill stock market strength indicators, traders can identify Cherry Hill Mortgage entry and exit signals to maximize returns

Cherry Hill Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Cherry Hill's price direction in advance. Along with the technical and fundamental analysis of Cherry Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cherry to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Cherry Stock analysis

When running Cherry Hill's price analysis, check to measure Cherry Hill'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 Cherry Hill is operating at the current time. Most of Cherry Hill's value examination focuses on studying past and present price action to predict the probability of Cherry Hill's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cherry Hill's price. Additionally, you may evaluate how the addition of Cherry Hill to your portfolios can decrease your overall portfolio volatility.
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