Cibc Flexible Yield Etf Price on September 19, 2024

CFLX Etf  CAD 17.16  0.09  0.53%   
Below is the normalized historical share price chart for CIBC Flexible Yield extending back to January 29, 2020. 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 Flexible stands at 17.16, as last reported on the 2nd of December, with the highest price reaching 17.16 and the lowest price hitting 17.16 during the day.
200 Day MA
17.0579
50 Day MA
17.1302
Beta
0.3
 
Covid
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 Flexible Yield retains Efficiency (Sharpe Ratio) of 0.15, which signifies that the etf had a 0.15% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for CIBC Flexible, which you can use to evaluate the volatility of the entity. Please confirm CIBC Flexible's market risk adjusted performance of 2.43, and Standard Deviation of 0.1553 to double-check if the risk estimate we provide is consistent with the expected return of 0.024%.
  
CIBC Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1524

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Estimated Market Risk

 0.16
  actual daily
1
99% of assets are more volatile

Expected Return

 0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.15
  actual daily
12
88% of assets perform better
Based on monthly moving average CIBC Flexible is performing at about 12% 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 Flexible by adding it to a well-diversified portfolio.
Average Mkt Cap Mil
No Data

CIBC Flexible Valuation on September 19, 2024

It is possible to determine the worth of CIBC Flexible on a given historical date. On September 19, 2024 CIBC was worth 17.02 at the beginning of the trading date compared to the closed value of 16.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CIBC Flexible etf. Still, in general, we apply an absolute valuation method to find CIBC Flexible'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 Flexible where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CIBC Flexible's related companies.
 Open High Low Close Volume
  17.02    17.02    17.02    17.02    1,900  
09/19/2024
  17.02    17.02    16.99    16.99    800.00  
  16.98    17.01    16.98    17.01    6,600  
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Open Value
17.02
16.99
Closing Value
17.49
Upside

CIBC Flexible Trading Date Momentum on September 19, 2024

On September 20 2024 CIBC Flexible Yield was traded for  17.01  at the closing time. The highest price during the trading period was 17.01  and the lowest recorded bid was listed for  16.98 . The volume for the day was 6.6 K. This history from September 20, 2024 contributed to the next trading day price boost. The overall trading delta to the next closing price was 0.12% . The overall trading delta to the current price is 0.00% .

CIBC Flexible Yield Fundamentals Correlations and Trends

By evaluating CIBC Flexible'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 Flexible'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 Flexible Etf history

CIBC Flexible 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 Flexible Yield 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 Flexible stock prices may prove useful in developing a viable investing in CIBC Flexible

CIBC Flexible Etf Technical Analysis

CIBC Flexible 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.
A focus of CIBC Flexible technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of CIBC Flexible 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

CIBC Flexible Period Price Range

Low
December 2, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

CIBC Flexible Yield 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 Flexible December 2, 2024 Market Strength

Market strength indicators help investors to evaluate how CIBC Flexible 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 Flexible shares will generate the highest return on investment. By undertsting and applying CIBC Flexible etf market strength indicators, traders can identify CIBC Flexible Yield entry and exit signals to maximize returns

CIBC Flexible Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for CIBC Flexible'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.

Other Information on Investing in CIBC Etf

CIBC Flexible 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 Flexible security.