Canadian Imperial Bank Stock Price on October 29, 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.
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 twenty-nine 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.
200 Day MA 75.6034 | 50 Day MA 90.2194 | Beta 1.128 |
Canadian |
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 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 87.66 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 | |
87.16 | 88.30 | 87.16 | 87.95 | 2,828,373 | |
10/29/2024 | 87.66 | 88.23 | 87.61 | 87.95 | 1,830,138 |
87.60 | 88.20 | 87.50 | 88.04 | 1,497,122 |
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Canadian Imperial Trading Date Momentum on October 29, 2024
On October 30 2024 Canadian Imperial Bank was traded for 88.04 at the closing time. The highest daily price throughout the period was 88.20 and the lowest price was 87.50 . The daily volume was 1.5 M. The net trading volume on 10/30/2024 added to the next day price boost. The overall trading delta to closing price of the next trading day was 0.10% . The overall trading delta to current closing price is 1.74% . |
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 | 875.6 M | |
Net Income Applicable To Common Shares | 7 B | 5.1 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.
Price Boundaries
Canadian Imperial Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
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.
Risk Adjusted Performance | 0.1662 | |||
Jensen Alpha | 0.1636 | |||
Total Risk Alpha | 0.1347 | |||
Sortino Ratio | 0.1859 | |||
Treynor Ratio | 0.6283 |
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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 estimate. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.