Canadian Imperial Bank Stock Price on October 29, 2024
| CM Stock | USD 65.42 0.21 0.32% |
Below is the normalized historical share price chart for Canadian Imperial Bank extending back to November 13, 1997. 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 Canadian Imperial stands at 65.42, as last reported on the 25th of November, with the highest price reaching 65.54 and the lowest price hitting 64.94 during the day.
If you're considering investing in Canadian Stock, it is important to understand the factors that can impact its price. Canadian Imperial appears to be very steady, given 3 months investment horizon. Canadian Imperial Bank secures Sharpe Ratio (or Efficiency) of 0.27, which signifies that the company had a 0.27% return per unit of risk over the last 3 months. We have found thirty technical indicators for Canadian Imperial Bank, which you can use to evaluate the volatility of the firm. Please makes use of Canadian Imperial's Mean Deviation of 0.754, risk adjusted performance of 0.2312, and Downside Deviation of 0.7989 to double-check if our risk estimates are consistent with your expectations.
At this time, Canadian Imperial's Total Stockholder Equity is very stable compared to the past year. As of the 25th of November 2024, Common Stock Total Equity is likely to grow to about 16.8 B, while Other Stockholder Equity is likely to drop about 93.2 M. . At this time, Canadian Imperial's Price Cash Flow Ratio is very stable compared to the past year. As of the 25th of November 2024, Price Sales Ratio is likely to grow to 1.97, though Price Earnings To Growth Ratio is likely to grow to (0.33). Canadian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 13th of November 1997 | 200 Day MA 53.0107 | 50 Day MA 62.4372 | Beta 1.128 |
Canadian |
Sharpe Ratio = 0.2674
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Estimated Market Risk
| 1.09 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.27 actual daily | 21 79% of assets perform better |
Based on monthly moving average Canadian Imperial is performing at about 21% 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 Canadian Imperial by adding it to a well-diversified portfolio.
Price Book 1.6438 | Price Sales 2.7234 | Shares Float 943.6 M | Dividend Share 3.57 | Wall Street Target Price 83.5385 |
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Canadian Imperial Valuation on October 29, 2024
It is possible to determine the worth of Canadian Imperial on a given historical date. On October 29, 2024 Canadian was worth 63.34 at the beginning of the trading date compared to the closed value of 63.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Canadian Imperial stock. Still, in general, we apply an absolute valuation method to find Canadian Imperial'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 Canadian Imperial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Canadian Imperial's related companies.
| Open | High | Low | Close | Volume | |
| 62.98 | 63.53 | 62.76 | 63.30 | 696,203 | |
10/29/2024 | 63.34 | 63.46 | 62.93 | 63.17 | 760,372 |
| 63.02 | 63.47 | 62.79 | 63.29 | 515,740 |
| Backtest Canadian Imperial | | | Canadian Imperial History | | | Canadian Imperial Valuation | Previous | Next |
Canadian Imperial Trading Date Momentum on October 29, 2024
| On October 30 2024 Canadian Imperial Bank was traded for 63.29 at the closing time. The highest price during the trading period was 63.47 and the lowest recorded bid was listed for 62.79 . The volume for the day was 515.7 K. This history from October 30, 2024 contributed to the next trading day price boost. The overall trading delta to the next closing price was 0.19% . The overall trading delta to the current price is 1.63% . |
Canadian Imperial Bank Fundamentals Correlations and Trends
By evaluating Canadian Imperial'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 Canadian Imperial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Canadian financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Canadian Imperial Stock history
Canadian Imperial 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 Canadian is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Canadian Imperial Bank 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 Canadian Imperial stock prices may prove useful in developing a viable investing in Canadian Imperial
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.1 B | 882.8 M | |
| Net Income Applicable To Common Shares | 5.4 B | 3.2 B |
Canadian Imperial Stock Technical Analysis
Canadian Imperial 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.
Price Boundaries
Canadian Imperial Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Canadian Imperial Bank 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.
Canadian Imperial November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Canadian Imperial 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 stock market strength indicators, traders can identify Canadian Imperial Bank entry and exit signals to maximize returns
Canadian Imperial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Canadian Imperial's price direction in advance. Along with the technical and fundamental analysis of Canadian Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Canadian 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 | 0.2312 | |||
| Jensen Alpha | 0.2573 | |||
| Total Risk Alpha | 0.1417 | |||
| Sortino Ratio | 0.2394 | |||
| Treynor Ratio | 0.6891 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Imperial Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Diversified Banks 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 Canadian Imperial. If investors know Canadian 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 Canadian Imperial 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 0.238 | Dividend Share 3.57 | Earnings Share 4.94 | Revenue Per Share 24.295 | Quarterly Revenue Growth 0.196 |
The market value of Canadian Imperial Bank is measured differently than its book value, which is the value of Canadian that is recorded on the company's balance sheet. Investors also form their own opinion of Canadian Imperial's value that differs from its market value or its book value, called intrinsic value, which is Canadian Imperial'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 Canadian Imperial's market value can be influenced by many factors that don't directly affect Canadian Imperial'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 Canadian Imperial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canadian Imperial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canadian Imperial'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.