Cibc Active Investment Etf Price on August 22, 2023
CACB Etf | CAD 20.12 0.06 0.30% |
Below is the normalized historical share price chart for CIBC Active Investment extending back to January 22, 2019. 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 CIBC Active stands at 20.12, as last reported on the 26th of November, with the highest price reaching 20.12 and the lowest price hitting 20.10 during the day.
If you're considering investing in CIBC Etf, it is important to understand the factors that can impact its price. As of now, CIBC Etf is very steady. CIBC Active Investment retains Efficiency (Sharpe Ratio) of 0.0653, which signifies that the etf had a 0.0653% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for CIBC Active, which you can use to evaluate the volatility of the entity. Please confirm CIBC Active's market risk adjusted performance of (0.06), and Coefficient Of Variation of 3809.27 to double-check if the risk estimate we provide is consistent with the expected return of 0.0178%.
CIBC Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 6.46 | 200 Day MA 19.6637 | 1 y Volatility 5.53 | 50 Day MA 20.0588 | Inception Date 2019-01-22 |
CIBC |
Sharpe Ratio = 0.0653
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Estimated Market Risk
0.27 actual daily | 2 98% of assets are more volatile |
Expected Return
0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average CIBC Active is performing at about 5% of its full potential. 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 CIBC Active by adding it to a well-diversified portfolio.
CIBC Active Valuation on August 22, 2023
It is possible to determine the worth of CIBC Active on a given historical date. On August 22, 2023 CIBC was worth 17.72 at the beginning of the trading date compared to the closed value of 17.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CIBC Active etf. Still, in general, we apply an absolute valuation method to find CIBC Active'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 CIBC Active where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CIBC Active's related companies.
Open | High | Low | Close | Volume | |
17.65 | 17.70 | 17.65 | 17.70 | 14,500 | |
08/22/2023 | 17.72 | 17.72 | 17.63 | 17.63 | 300.00 |
17.79 | 17.82 | 17.78 | 17.82 | 4,300 |
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CIBC Active Trading Date Momentum on August 22, 2023
On August 23 2023 CIBC Active Investment was traded for 17.82 at the closing time. The highest price during the trading period was 17.82 and the lowest recorded bid was listed for 17.78 . The volume for the day was 4.3 K. This history from August 23, 2023 contributed to the next trading day price boost. The overall trading delta to the next closing price was 1.08% . The overall trading delta to the current price is 1.87% . |
CIBC Active Investment Fundamentals Correlations and Trends
By evaluating CIBC Active'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 CIBC Active's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CIBC financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CIBC Active Etf history
CIBC Active 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 CIBC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CIBC Active Investment 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 CIBC Active stock prices may prove useful in developing a viable investing in CIBC Active
CIBC Active Investment Grade Corporate Bond ETF seeks to generate a high level of current income while preserving capital by investing primarily in bonds, debentures, notes and other debt instruments of Canadian issuers. CIBC ACTIVE is traded on Toronto Stock Exchange in Canada.
CIBC Active Etf Technical Analysis
CIBC Active technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
CIBC Active Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
CIBC Active Investment cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
CIBC Active November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how CIBC Active etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CIBC Active shares will generate the highest return on investment. By undertsting and applying CIBC Active etf market strength indicators, traders can identify CIBC Active Investment entry and exit signals to maximize returns
CIBC Active Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CIBC Active's price direction in advance. Along with the technical and fundamental analysis of CIBC Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of CIBC 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.
Risk Adjusted Performance | 0.0021 | |||
Jensen Alpha | (0.01) | |||
Total Risk Alpha | (0.05) | |||
Sortino Ratio | (0.44) | |||
Treynor Ratio | (0.07) |
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Other Information on Investing in CIBC Etf
CIBC Active financial ratios help investors to determine whether CIBC Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CIBC with respect to the benefits of owning CIBC Active security.