Canadian Price Earnings To Growth Ratio vs Operating Profit Margin Analysis
CM Stock | USD 49.00 0.30 0.61% |
Canadian Imperial financial indicator trend analysis is way more than just evaluating Canadian Imperial Bank prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Canadian Imperial Bank is a good investment. Please check the relationship between Canadian Imperial Price Earnings To Growth Ratio and its Operating Profit Margin accounts. 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 tightly coupled with the direction of predictive economic indicators such as signals in population.
Price Earnings To Growth Ratio vs Operating Profit Margin
Price Earnings To Growth Ratio vs Operating Profit Margin Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canadian Imperial Bank Price Earnings To Growth Ratio account and Operating Profit Margin. At this time, the significance of the direction appears to have very week relationship.
The correlation between Canadian Imperial's Price Earnings To Growth Ratio and Operating Profit Margin is 0.29. Overlapping area represents the amount of variation of Price Earnings To Growth Ratio that can explain the historical movement of Operating Profit Margin in the same time period over historical financial statements of Canadian Imperial Bank, assuming nothing else is changed. The correlation between historical values of Canadian Imperial's Price Earnings To Growth Ratio and Operating Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price Earnings To Growth Ratio of Canadian Imperial Bank are associated (or correlated) with its Operating Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Profit Margin has no effect on the direction of Price Earnings To Growth Ratio i.e., Canadian Imperial's Price Earnings To Growth Ratio and Operating Profit Margin go up and down completely randomly.
Correlation Coefficient | 0.29 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Price Earnings To Growth Ratio
Operating Profit Margin
Most indicators from Canadian Imperial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Canadian Imperial Bank current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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 tightly coupled with the direction of predictive economic indicators such as signals in population. At this time, Canadian Imperial's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 14th of May 2024, Enterprise Value Over EBITDA is likely to grow to 20.62, while Tax Provision is likely to drop about 1.5 B.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 9.5B | 32.2B | 37.0B | 38.9B | Depreciation And Amortization | 1.0B | 1.1B | 1.3B | 1.4B |
Canadian Imperial fundamental ratios Correlations
Click cells to compare fundamentals
Canadian Imperial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Canadian Imperial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 769.6B | 837.7B | 943.6B | 975.7B | 1.1T | 1.2T | |
Short Long Term Debt Total | 45.9B | 164.2B | 187.5B | 194.5B | 223.7B | 234.9B | |
Other Current Liab | (73.6B) | (85.1B) | 436.8B | (90.9B) | (81.8B) | (77.7B) | |
Total Current Liabilities | 73.6B | 85.1B | 91.4B | 90.9B | 81.8B | 44.0B | |
Total Stockholder Equity | 41.2B | 45.6B | 50.2B | 53.0B | 60.9B | 64.0B | |
Property Plant And Equipment Net | 3.0B | 3.3B | 3.4B | 3.3B | 3.7B | 2.3B | |
Net Debt | (16.7B) | 94.9B | 114.1B | 131.3B | 151.0B | 158.6B | |
Retained Earnings | 22.1B | 25.8B | 28.8B | 30.4B | 35.0B | 36.7B | |
Non Currrent Assets Other | (650M) | (402M) | 755.3B | (629M) | (723.4M) | (687.2M) | |
Other Assets | 483.6B | 566.8B | (19.8B) | 657.8B | 756.5B | 794.3B | |
Common Stock Shares Outstanding | 892.0M | 900.4M | 905.7M | 916.2M | 1.1B | 882.8M | |
Liabilities And Stockholders Equity | 769.6B | 837.7B | 943.6B | 975.7B | 1.1T | 1.2T | |
Non Current Liabilities Total | 45.9B | 88.0B | 893.2B | 116.9B | 134.4B | 127.7B | |
Other Stockholder Equity | 117M | 110M | 115M | 109M | 98.1M | 93.2M | |
Total Liab | 728.2B | 791.9B | 893.2B | 922.5B | 1.1T | 1.1T | |
Property Plant And Equipment Gross | 3.0B | 6.4B | 6.9B | 7.0B | 8.0B | 8.4B | |
Accumulated Other Comprehensive Income | 1.4B | 1.1B | 1.6B | 1.5B | 1.7B | 1.8B | |
Common Stock | 13.9B | 14.4B | 14.7B | 16.1B | 18.5B | 19.4B | |
Cash | 62.5B | 69.3B | 73.3B | 63.2B | 72.6B | 76.3B | |
Non Current Assets Total | 159.9B | 172.3B | 943.6B | 223.4B | 257.0B | 384.6B | |
Cash And Short Term Investments | 117.1B | 88.1B | 92.7B | 80.5B | 92.6B | 97.2B | |
Net Receivables | 9.0B | 10.4B | 19.8B | 13.9B | 16.0B | 16.8B | |
Total Current Assets | 126.1B | 98.6B | 19.8B | 94.4B | 108.6B | 114.0B | |
Accounts Payable | 8.7B | 8.8B | 11.2B | 13.2B | 15.2B | 16.0B | |
Inventory | (190.5B) | (196.5B) | (309.7B) | (202.0B) | (181.8B) | (172.7B) | |
Other Current Assets | 190.5B | 196.5B | 217.0B | 202.0B | 181.8B | 180.6B | |
Short Term Debt | 64.9B | 76.2B | 80.2B | 77.7B | 89.3B | 93.8B | |
Other Liab | 10.0B | 10.2B | 12.7B | 11.4B | 10.2B | 18.6B | |
Net Tangible Assets | 31.1B | 35.8B | 39.6B | 42.2B | 48.5B | 50.9B | |
Long Term Debt | 7.2B | 5.9B | 6.3B | 116.8B | 134.4B | 141.1B | |
Good Will | 5.3B | 5.0B | 5.3B | 5.4B | 6.2B | 6.6B | |
Short Term Investments | 54.6B | 18.9B | 19.4B | 17.3B | 19.9B | 21.5B | |
Long Term Investments | 149.7B | 162.1B | 176.5B | 212.0B | 243.8B | 256.0B | |
Short Long Term Debt | 27.1B | 76.2B | 80.2B | 77.7B | 89.3B | 93.8B | |
Intangible Assets | 2.0B | 2.0B | 2.6B | 2.7B | 3.2B | 3.3B | |
Property Plant Equipment | 3.0B | 3.3B | 3.4B | 3.3B | 3.7B | 2.1B | |
Long Term Debt Total | 4.7B | 9.1B | 8.0B | 8.5B | 7.6B | 7.9B | |
Capital Surpluse | 125M | 117M | 110M | 115M | 132.3M | 122.1M |
Canadian Imperial Investors Sentiment
The influence of Canadian Imperial's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Canadian. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Canadian Imperial's public news can be used to forecast risks associated with an investment in Canadian. The trend in average sentiment can be used to explain how an investor holding Canadian can time the market purely based on public headlines and social activities around Canadian Imperial Bank. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Canadian Imperial's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Canadian Imperial's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Canadian Imperial's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Canadian Imperial.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Canadian Imperial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Canadian Imperial's short interest history, or implied volatility extrapolated from Canadian Imperial options trading.
Pair Trading with Canadian Imperial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Canadian Imperial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Canadian Imperial will appreciate offsetting losses from the drop in the long position's value.Moving together with Canadian Stock
0.71 | C | Citigroup Aggressive Push | PairCorr |
0.9 | NU | Nu Holdings Financial Report 20th of May 2024 | PairCorr |
0.7 | RY | Royal Bank Financial Report 23rd of May 2024 | PairCorr |
The ability to find closely correlated positions to Canadian Imperial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canadian Imperial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Canadian Imperial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Canadian Imperial Bank to buy it.
The correlation of Canadian Imperial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Canadian Imperial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian Imperial Bank moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Canadian Imperial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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When running Canadian Imperial's price analysis, check to measure Canadian Imperial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canadian Imperial is operating at the current time. Most of Canadian Imperial's value examination focuses on studying past and present price action to predict the probability of Canadian Imperial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Imperial's price. Additionally, you may evaluate how the addition of Canadian Imperial to your portfolios can decrease your overall portfolio volatility.
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Is Canadian Imperial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canadian Imperial. If investors know Canadian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Canadian Imperial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.559 | Dividend Share 3.49 | Earnings Share 4.76 | Revenue Per Share 23.121 | Return On Assets 0.0067 |
The market value of Canadian Imperial Bank is measured differently than its book value, which is the value of Canadian that is recorded on the company's balance sheet. Investors also form their own opinion of Canadian Imperial's value that differs from its market value or its book value, called intrinsic value, which is Canadian Imperial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Canadian Imperial's market value can be influenced by many factors that don't directly affect Canadian Imperial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.