Canadian Imperial Bank Stock Price on October 28, 2024

CM Stock  CAD 92.53  0.22  0.24%   
Below is the normalized historical share price chart for Canadian Imperial Bank extending back to November 05, 1984. 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 92.53, as last reported on the 26th of December, with the highest price reaching 92.72 and the lowest price hitting 92.14 during the day.
200 Day MA
75.6034
50 Day MA
90.2194
Beta
1.128
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Canadian Stock, it is important to understand the factors that can impact its price. As of now, Canadian Stock is very steady. Canadian Imperial Bank secures Sharpe Ratio (or Efficiency) of 0.2, which signifies that the company had a 0.2% 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 confirm Canadian Imperial's Mean Deviation of 0.5957, downside deviation of 0.7448, and Risk Adjusted Performance of 0.1662 to double-check if the risk estimate we provide is consistent with the expected return of 0.18%.
  
At this time, Canadian Imperial's Total Stockholder Equity is very stable compared to the past year. As of the 26th of December 2024, Liabilities And Stockholders Equity is likely to grow to about 1.2 T, while Common Stock Shares Outstanding is likely to drop about 875.6 M. . At this time, Canadian Imperial's Price Cash Flow Ratio is very stable compared to the past year. As of the 26th of December 2024, Price Fair Value is likely to grow to 1.78, while Price To Sales Ratio is likely to drop 1.98. Canadian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2008

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Estimated Market Risk

 0.9
  actual daily
8
92% of assets are more volatile

Expected Return

 0.18
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.2
  actual daily
15
85% of assets perform better
Based on monthly moving average Canadian Imperial is performing at about 15% 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
1.6211
Price Sales
3.8406
Shares Float
943.6 M
Wall Street Target Price
97.382
Earnings Share
7.28

Canadian Imperial Main Headline on 28th of October 2024

Canadian Imperial Bank dividend paid on 28th of October 2024

Canadian Imperial Valuation on October 28, 2024

It is possible to determine the worth of Canadian Imperial on a given historical date. On October 28, 2024 Canadian was worth 87.16 at the beginning of the trading date compared to the closed value of 87.95. 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
  87.37    87.74    87.02    87.32    2,047,167  
10/28/2024
  87.16    88.30    87.16    87.95    2,828,373  
  87.66    88.23    87.61    87.95    1,830,138  
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Open Value
87.16
87.95
Closing Value
89.86
Upside

Canadian Imperial Trading Date Momentum on October 28, 2024

On October 29 2024 Canadian Imperial Bank was traded for  87.95  at the closing time. The highest daily price throughout the period was 88.23  and the lowest price was  87.61 . The daily volume was 1.8 M. The net trading volume on 10/29/2024 did not affect price variability. The overall trading delta to current closing price is 1.09% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding1.1 B875.6 M
Net Income Applicable To Common SharesB5.1 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.
A focus of Canadian Imperial technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Canadian Imperial 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

Canadian Imperial Period Price Range

Low
December 26, 2024
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High

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Canadian Imperial Bank 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.

Canadian Imperial December 26, 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.
When determining whether Canadian Imperial Bank is a strong investment it is important to analyze Canadian Imperial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Canadian Imperial's future performance. For an informed investment choice regarding Canadian Stock, refer to the following important reports:
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 estimate.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
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.