Cherry Hill Mortgage Stock Market Value
| CHMI Stock | USD 2.54 0.06 2.31% |
| Symbol | Cherry |
Cherry Hill Mortgage Price To Book Ratio
Is Mortgage Real Estate Investment Trusts (REITs) 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 Cherry Hill. If investors know Cherry 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 Cherry Hill 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 (0.74) | Earnings Share (1.58) | Revenue Per Share 0.863 | Quarterly Revenue Growth 0.199 | Return On Assets (0) |
The market value of Cherry Hill Mortgage is measured differently than its book value, which is the value of Cherry that is recorded on the company's balance sheet. Investors also form their own opinion of Cherry Hill's value that differs from its market value or its book value, called intrinsic value, which is Cherry Hill'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 Cherry Hill's market value can be influenced by many factors that don't directly affect Cherry Hill'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 Cherry Hill's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cherry Hill is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cherry Hill'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.
Cherry Hill 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Cherry Hill's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Cherry Hill.
| 10/22/2024 |
| 11/21/2024 |
If you would invest 0.00 in Cherry Hill on October 22, 2024 and sell it all today you would earn a total of 0.00 from holding Cherry Hill Mortgage or generate 0.0% return on investment in Cherry Hill over 30 days. Cherry Hill is related to or competes with Ellington Financial, Dynex Capital, Ares Commercial, Chimera Investment, ARMOUR Residential, Orchid Island, and Invesco Mortgage. Cherry Hill Mortgage Investment Corporation, a residential real estate finance company, acquires, invests in, and manage... More
Cherry Hill Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Cherry Hill's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Cherry Hill Mortgage upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.28) | |||
| Maximum Drawdown | 12.1 | |||
| Value At Risk | (2.45) | |||
| Potential Upside | 1.75 |
Cherry Hill Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cherry Hill's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cherry Hill's standard deviation. In reality, there are many statistical measures that can use Cherry Hill historical prices to predict the future Cherry Hill's volatility.| Risk Adjusted Performance | (0.16) | |||
| Jensen Alpha | (0.43) | |||
| Total Risk Alpha | (0.60) | |||
| Treynor Ratio | (1.03) |
Cherry Hill Mortgage Backtested Returns
Cherry Hill Mortgage secures Sharpe Ratio (or Efficiency) of -0.25, which signifies that the company had a -0.25% return per unit of standard deviation over the last 3 months. Cherry Hill Mortgage exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cherry Hill's mean deviation of 1.07, and Risk Adjusted Performance of (0.16) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.39, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cherry Hill's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cherry Hill is expected to be smaller as well. At this point, Cherry Hill Mortgage has a negative expected return of -0.43%. Please make sure to confirm Cherry Hill's value at risk, and the relationship between the jensen alpha and accumulation distribution , to decide if Cherry Hill Mortgage performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.89 |
Very good predictability
Cherry Hill Mortgage has very good predictability. Overlapping area represents the amount of predictability between Cherry Hill time series from 22nd of October 2024 to 6th of November 2024 and 6th of November 2024 to 21st of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Cherry Hill Mortgage price movement. The serial correlation of 0.89 indicates that approximately 89.0% of current Cherry Hill price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.89 | |
| Spearman Rank Test | 0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Cherry Hill Mortgage lagged returns against current returns
Autocorrelation, which is Cherry Hill stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Cherry Hill's stock expected returns. We can calculate the autocorrelation of Cherry Hill returns to help us make a trade decision. For example, suppose you find that Cherry Hill has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Cherry Hill regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Cherry Hill stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cherry Hill stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cherry Hill stock over time.
Current vs Lagged Prices |
| Timeline |
Cherry Hill Lagged Returns
When evaluating Cherry Hill's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cherry Hill stock have on its future price. Cherry Hill autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Cherry Hill autocorrelation shows the relationship between Cherry Hill stock current value and its past values and can show if there is a momentum factor associated with investing in Cherry Hill Mortgage.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Cherry Hill Mortgage offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cherry Hill's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cherry Hill Mortgage Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cherry Hill Mortgage Stock:Check out Cherry Hill Correlation, Cherry Hill Volatility and Cherry Hill Alpha and Beta module to complement your research on Cherry Hill. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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.