|Canadian Imperial Bank of Commerce -- USA Stock|| |
USD 98.48 0.53 0.54%
Canadian Imperial has performance score of 7 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.5208 which signifies that as returns on market increase, Canadian Imperial returns are expected to increase less than the market. However during bear market, the loss on holding Canadian Imperial will be expected to be smaller as well.. Although it is extremely important to respect Canadian Imperial Bank
historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By analyzing Canadian Imperial Bank technical indicators
you can presently evaluate if the expected return of 0.0652% will be sustainable into the future. Canadian Imperial Bank
right now shows a risk of 0.5465%. Please confirm Canadian Imperial Bank Treynor Ratio
as well as the relationship
between Downside Variance
to decide if Canadian Imperial Bank will be following its price patterns
Canadian Imperial Bank Relative Risk vs. Return Landscape
If you would invest 9,677
in Canadian Imperial Bank of Commerce on December 22, 2017
and sell it today you would earn a total of 118
from holding Canadian Imperial Bank of Commerce or generate 1.22%
return on investment over 30
days. Canadian Imperial Bank of Commerce is generating 0.0652% of daily returns and assumes 0.5465% volatility on return distribution over the 30 days horizon. Put differently, 5% of equity instruments are less risky than the company on the bases of their historical return distribution and some 99% of equities are expected to be superior in generating returns on investments over the next 30 days.
Daily Expected Return (%)
Allowing for the 30-days total investment horizon, Canadian Imperial Bank of Commerce is expected to generate 4.21 times less return on investment than the market. In addition to that, the company is 1.2 times more volatile than its market benchmark. It trades about 0.12 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.6 per unit of volatility.
Canadian Imperial Daily Price Distribution
The median price of Canadian Imperial for the period between Fri, Dec 22, 2017 and Sun, Jan 21, 2018 is 98.12 with a coefficient of variation of 1.64. The daily time series for the period is distributed with a sample standard deviation of 1.61, arithmetic mean of 97.59, and mean deviation of 1.24. The Stock received some media coverage during the period.