Igm Financial Stock Price on December 19, 2024

IGM Stock  CAD 46.76  0.32  0.69%   
Below is the normalized historical share price chart for IGM Financial extending back to December 18, 1989. 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 IGM Financial stands at 46.76, as last reported on the 28th of December, with the highest price reaching 46.81 and the lowest price hitting 46.40 during the day.
200 Day MA
39.3233
50 Day MA
45.164
Beta
1.534
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in IGM Stock, it is important to understand the factors that can impact its price. IGM Financial appears to be very steady, given 3 months investment horizon. IGM Financial holds Efficiency (Sharpe) Ratio of 0.24, which attests that the entity had a 0.24% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for IGM Financial, which you can use to evaluate the volatility of the firm. Please utilize IGM Financial's risk adjusted performance of 0.1985, and Market Risk Adjusted Performance of 2.6 to validate if our risk estimates are consistent with your expectations.
  
At this time, IGM Financial's Common Stock Shares Outstanding is very stable compared to the past year. As of the 28th of December 2024, Common Stock is likely to grow to about 1.8 B, while Total Stockholder Equity is likely to drop about 3.9 B. . At this time, IGM Financial's Price To Sales Ratio is very stable compared to the past year. As of the 28th of December 2024, Price To Operating Cash Flows Ratio is likely to grow to 10.90, while Price Earnings Ratio is likely to drop 6.89. IGM Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2372

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Estimated Market Risk

 0.99
  actual daily
8
92% of assets are more volatile

Expected Return

 0.23
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.24
  actual daily
18
82% of assets perform better
Based on monthly moving average IGM Financial is performing at about 18% 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 IGM Financial by adding it to a well-diversified portfolio.
Price Book
1.4698
Enterprise Value Ebitda
14.0205
Price Sales
2.9974
Shares Float
88.6 M
Dividend Share
2.25

IGM Financial Main Headline on 19th of December 2024

IGM FINANCIAL INC. - NORMAL COURSE ISSUER BID APPROVED Yahoo Canada Finance

IGM Financial Valuation on December 19, 2024

It is possible to determine the worth of IGM Financial on a given historical date. On December 19, 2024 IGM was worth 46.17 at the beginning of the trading date compared to the closed value of 46.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of IGM Financial stock. Still, in general, we apply an absolute valuation method to find IGM Financial'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 IGM Financial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against IGM Financial's related companies.
 Open High Low Close Volume
  46.59    46.68    45.47    45.52    504,667  
12/19/2024
  46.17    46.58    45.97    46.42    371,444  
  46.21    46.79    46.13    46.25    614,352  
Backtest IGM Financial  |  IGM Financial History  |  IGM Financial Valuation   PreviousNext  
Open Value
46.17
46.42
Closing Value
49.13
Upside

IGM Financial Trading Date Momentum on December 19, 2024

On December 20 2024 IGM Financial was traded for  46.25  at the closing time. The maximum traded price for the trading interval was 46.79  and the lowest daily price was  46.13 . The daily volume was recorded at 614.4 K. The volume of trading on 20th of December 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.37% . The trading delta at closing time to the closing price today is 0.54% .

IGM Financial Fundamentals Correlations and Trends

By evaluating IGM Financial'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 IGM Financial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. IGM financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About IGM Financial Stock history

IGM Financial 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 IGM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in IGM Financial 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 IGM Financial stock prices may prove useful in developing a viable investing in IGM Financial
Last ReportedProjected for Next Year
Common Stock Shares Outstanding238.4 M266.3 M
Net Income Applicable To Common Shares997.3 M856.2 M

IGM Financial Quarterly Net Working Capital

6.12 Billion

IGM Financial Stock Technical Analysis

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

IGM Financial Period Price Range

Low
December 28, 2024
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High

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IGM Financial 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.

IGM Financial December 28, 2024 Market Strength

Market strength indicators help investors to evaluate how IGM Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading IGM Financial shares will generate the highest return on investment. By undertsting and applying IGM Financial stock market strength indicators, traders can identify IGM Financial entry and exit signals to maximize returns

IGM Financial Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for IGM Financial's price direction in advance. Along with the technical and fundamental analysis of IGM Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of IGM 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 IGM Stock

IGM Financial financial ratios help investors to determine whether IGM Stock 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 IGM with respect to the benefits of owning IGM Financial security.