Canadian Imperial Preferred Stock Forward View - Triple Exponential Smoothing
| CM-PS Preferred Stock | CAD 25.91 0.02 0.08% |
Canadian Preferred Stock outlook is based on your current time horizon.
The value of RSI of Canadian Imperial's preferred stock price is slightly above 60 suggesting that the preferred stock is rather overbought by investors as of today. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Canadian, making its price go up or down. Momentum 60
Buy Extended
Oversold | Overbought |
Using Canadian Imperial hype-based prediction, you can estimate the value of Canadian Imperial Bank from the perspective of Canadian Imperial response to recently generated media hype and the effects of current headlines on its competitors.
The Triple Exponential Smoothing forecasted value of Canadian Imperial Bank on the next trading day is expected to be 25.91 with a mean absolute deviation of 0.06 and the sum of the absolute errors of 3.75. Canadian Imperial after-hype prediction price | CAD 25.91 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as preferred stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Canadian |
Canadian Imperial Additional Predictive Modules
Most predictive techniques to examine Canadian price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Canadian using various technical indicators. When you analyze Canadian charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Canadian Imperial Triple Exponential Smoothing Price Forecast For the 20th of February
Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Canadian Imperial Bank on the next trading day is expected to be 25.91 with a mean absolute deviation of 0.06, mean absolute percentage error of 0.01, and the sum of the absolute errors of 3.75.Please note that although there have been many attempts to predict Canadian Preferred Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Canadian Imperial's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Canadian Imperial Preferred Stock Forecast Pattern
| Backtest Canadian Imperial | Canadian Imperial Price Prediction | Research Analysis |
Canadian Imperial Forecasted Value
In the context of forecasting Canadian Imperial's Preferred Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Canadian Imperial's downside and upside margins for the forecasting period are 25.55 and 26.27, respectively. We have considered Canadian Imperial's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Canadian Imperial preferred stock data series using in forecasting. Note that when a statistical model is used to represent Canadian Imperial preferred stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | Huge |
| Bias | Arithmetic mean of the errors | 0.0157 |
| MAD | Mean absolute deviation | 0.0625 |
| MAPE | Mean absolute percentage error | 0.0024 |
| SAE | Sum of the absolute errors | 3.7495 |
Predictive Modules for Canadian Imperial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Canadian Imperial Bank. Regardless of method or technology, however, to accurately forecast the preferred stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the preferred 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Canadian Imperial's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Canadian Imperial After-Hype Price Density Analysis
As far as predicting the price of Canadian Imperial at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Canadian Imperial or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Preferred Stock prices, such as prices of Canadian Imperial, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Canadian Imperial Estimiated After-Hype Price Volatility
In the context of predicting Canadian Imperial's preferred stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Canadian Imperial's historical news coverage. Canadian Imperial's after-hype downside and upside margins for the prediction period are 25.55 and 26.27, respectively. We have considered Canadian Imperial's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Canadian Imperial is very steady at this time. Analysis and calculation of next after-hype price of Canadian Imperial Bank is based on 3 months time horizon.
Canadian Imperial Preferred Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Canadian Imperial is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Canadian Imperial backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Preferred Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Canadian Imperial, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.03 | 0.36 | 0.00 | 0.11 | 0 Events / Month | 1 Events / Month | In 5 to 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
25.91 | 25.91 | 0.00 |
|
Canadian Imperial Hype Timeline
Canadian Imperial Bank is currently traded for 25.91on Toronto Exchange of Canada. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.11. Canadian is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is currently at 0.03%. %. The volatility of related hype on Canadian Imperial is about 9.42%, with the expected price after the next announcement by competition of 25.80. The company last dividend was issued on the 28th of October 2024. Assuming the 90 days trading horizon the next anticipated press release will be in 5 to 10 days. Check out Historical Fundamental Analysis of Canadian Imperial to cross-verify your projections.Canadian Imperial Related Hype Analysis
Having access to credible news sources related to Canadian Imperial's direct competition is more important than ever and may enhance your ability to predict Canadian Imperial's future price movements. Getting to know how Canadian Imperial's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Canadian Imperial may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| IGM | IGM Financial | (0.40) | 9 per month | 1.46 | 0.14 | 2.58 | (2.12) | 9.74 | |
| QRC | Queens Road Capital | 0.1 | 3 per month | 0.95 | 0.27 | 4.36 | (2.13) | 13.46 | |
| RY-PS | Royal Bank of | (26.41) | 7 per month | 0.32 | (0.01) | 0.68 | (0.68) | 2.67 | |
| AWI | Advent Wireless | 0.00 | 2 per month | 0.00 | (0.16) | 0.00 | 0.00 | 17.14 | |
| PLZ-UN | Plaza Retail REIT | 0.01 | 5 per month | 0.46 | 0.12 | 1.44 | (1.15) | 3.75 | |
| DBM | Doman Building Materials | 0.09 | 7 per month | 1.24 | 0.15 | 3.35 | (2.14) | 8.80 | |
| GH | Gamehost | (0.15) | 8 per month | 0.84 | (0.04) | 1.73 | (1.36) | 5.91 |
Other Forecasting Options for Canadian Imperial
For every potential investor in Canadian, whether a beginner or expert, Canadian Imperial's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Canadian Preferred Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Canadian. Basic forecasting techniques help filter out the noise by identifying Canadian Imperial's price trends.Canadian Imperial 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 Canadian Imperial preferred stock to make a market-neutral strategy. Peer analysis of Canadian Imperial could also be used in its relative valuation, which is a method of valuing Canadian Imperial by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Canadian Imperial Market Strength Events
Market strength indicators help investors to evaluate how Canadian Imperial preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Canadian Imperial shares will generate the highest return on investment. By undertsting and applying Canadian Imperial preferred stock market strength indicators, traders can identify Canadian Imperial Bank entry and exit signals to maximize returns.
Canadian Imperial Risk Indicators
The analysis of Canadian Imperial'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 Canadian Imperial's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting canadian preferred 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 | 0.2555 | |||
| Semi Deviation | 0.3147 | |||
| Standard Deviation | 0.368 | |||
| Variance | 0.1354 | |||
| Downside Variance | 0.1434 | |||
| Semi Variance | 0.0991 | |||
| Expected Short fall | (0.28) |
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.
Story Coverage note for Canadian Imperial
The number of cover stories for Canadian Imperial depends on current market conditions and Canadian Imperial's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Canadian Imperial is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Canadian Imperial's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Other Macroaxis Stories
Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios
Story Categories
Currently Trending Categories
Canadian Imperial Short Properties
Canadian Imperial's future price predictability will typically decrease when Canadian Imperial's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Canadian Imperial Bank often depends not only on the future outlook of the potential Canadian Imperial's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Canadian Imperial's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 931.1 M | |
| Dividends Paid | 2.3 B |
Additional Tools for Canadian Preferred Stock Analysis
When running Canadian Imperial's price analysis, check to measure Canadian Imperial'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 Canadian Imperial is operating at the current time. Most of Canadian Imperial's value examination focuses on studying past and present price action to predict the probability of Canadian Imperial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Imperial's price. Additionally, you may evaluate how the addition of Canadian Imperial to your portfolios can decrease your overall portfolio volatility.