CIBC Core Financial Statements From 2010 to 2024
| CCRE Etf | CAD 18.02 0.11 0.61% |
Market Capitalisation {Big=0, Small=0, Mega=0, Medium=0, Micro=0.00016} |
Check CIBC Core financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CIBC Core's main balance sheet or income statement drivers, such as , as well as many indicators such as . CIBC financial statements analysis is a perfect complement when working with CIBC Core Valuation or Volatility modules.
CIBC |
CIBC Core Fixed ETF Beta Analysis
CIBC Core's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current CIBC Core Beta | 0.66 |
Most of CIBC Core's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, CIBC Core Fixed is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, CIBC Core Fixed has a Beta of 0.66. This is much higher than that of the CIBC Asset Management Inc family and significantly higher than that of the Canadian Fixed Income category. The beta for all Canada etfs is notably lower than that of the firm.
About CIBC Core Financial Statements
CIBC Core investors utilize fundamental indicators, such as revenue or net income, to predict how CIBC Etf might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
CIBC CORE is traded on Toronto Stock Exchange in Canada.
Other Information on Investing in CIBC Etf
CIBC Core 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 Core security.