Canadian Imperial Bank Stock Buy Hold or Sell Recommendation
| CM Stock | CAD 65.32 0.11 0.17% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Canadian Imperial Bank is 'Strong Hold'. Macroaxis provides Canadian Imperial buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CM positions. The advice algorithm takes into account all of Canadian Imperial's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Canadian Imperial's buy or sell advice are summarized below:
Real Value 64.68 | Hype Value 65.33 | Market Value 65.32 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Canadian Imperial Bank given historical horizon and risk tolerance towards Canadian Imperial. When Macroaxis issues a 'buy' or 'sell' recommendation for Canadian Imperial Bank, the advice is generated through an automated system that utilizes algorithms and statistical models.
Canadian |
Execute Canadian Imperial Buy or Sell Advice
The Canadian recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Canadian Imperial Bank. Macroaxis does not own or have any residual interests in Canadian Imperial Bank or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Canadian Imperial's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Canadian Imperial Trading Alerts and Improvement Suggestions
| Latest headline from news.google.com: Closing Bell Canadian Imperial Bank of Commerce up on Friday - The Globe and Mail |
Canadian Imperial Returns Distribution Density
The distribution of Canadian Imperial's historical returns is an attempt to chart the uncertainty of Canadian Imperial's future price movements. The chart of the probability distribution of Canadian Imperial daily returns describes the distribution of returns around its average expected value. We use Canadian Imperial Bank price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Canadian Imperial returns is essential to provide solid investment advice for Canadian Imperial.
| Mean Return | 0.11 | Value At Risk | -1.22 | Potential Upside | 1.21 | Standard Deviation | 0.84 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Canadian Imperial historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Canadian Imperial Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 39.7B | (9.0B) | (3.0B) | (10.7B) | (12.3B) | (11.7B) | |
| Free Cash Flow | 60.0B | (4.2B) | 21.6B | 11.1B | 12.8B | 13.5B | |
| Depreciation | 1.3B | 1.0B | 1.0B | 1.1B | 1.3B | 1.4B | |
| Other Non Cash Items | 1.7B | 995M | (110M) | 1.8B | 2.1B | 2.2B | |
| Dividends Paid | 2.6B | 2.6B | 3.0B | 2.3B | 2.6B | 1.6B | |
| Net Income | 3.8B | 6.4B | 6.2B | 5.0B | 5.7B | 3.1B | |
| End Period Cash Flow | 43.5B | 34.6B | 31.5B | 20.8B | 23.9B | 25.1B | |
| Investments | (19.4B) | (2.7B) | (20.2B) | (20.8B) | (18.7B) | (17.8B) | |
| Net Borrowings | 499M | 660M | (313M) | 672M | 772.8M | 811.4M | |
| Change To Netincome | 1.3B | 1.8B | 990M | (109M) | (125.4M) | (119.1M) |
Canadian Imperial Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Canadian Imperial or Banks sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Canadian Imperial's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Canadian stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.04 | |
β | Beta against NYSE Composite | 0.81 | |
σ | Overall volatility | 0.83 | |
Ir | Information ratio | 0.03 |
Canadian Imperial Volatility Alert
Canadian Imperial Bank has low volatility with Treynor Ratio of 0.13, Maximum Drawdown of 3.85 and kurtosis of 0.24. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Canadian Imperial's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Canadian Imperial's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Canadian Imperial Fundamentals Vs Peers
Comparing Canadian Imperial's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Canadian Imperial's direct or indirect competition across all of the common fundamentals between Canadian Imperial and the related equities. This way, we can detect undervalued stocks with similar characteristics as Canadian Imperial or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Canadian Imperial's fundamental indicators could also be used in its relative valuation, which is a method of valuing Canadian Imperial by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Canadian Imperial to competition |
| Fundamentals | Canadian Imperial | Peer Average |
| Return On Equity | 0.12 | -0.31 |
| Return On Asset | 0.0067 | -0.14 |
| Profit Margin | 0.29 % | (1.27) % |
| Operating Margin | 0.39 % | (5.51) % |
| Current Valuation | 53.21 B | 16.62 B |
| Shares Outstanding | 937.27 M | 571.82 M |
| Shares Owned By Insiders | 0.02 % | 10.09 % |
| Shares Owned By Institutions | 49.07 % | 39.21 % |
| Number Of Shares Shorted | 30.09 M | 4.71 M |
| Price To Earning | 7.12 X | 28.72 X |
| Price To Book | 1.26 X | 9.51 X |
| Price To Sales | 2.91 X | 11.42 X |
| Revenue | 23.29 B | 9.43 B |
| Gross Profit | 20.78 B | 27.38 B |
| EBITDA | 18.54 B | 3.9 B |
| Net Income | 5 B | 570.98 M |
| Cash And Equivalents | 212.28 B | 2.7 B |
| Cash Per Share | 234.66 X | 5.01 X |
| Total Debt | 77.66 B | 5.32 B |
| Debt To Equity | 0.14 % | 48.70 % |
| Book Value Per Share | 54.91 X | 1.93 K |
| Cash Flow From Operations | 12.15 B | 971.22 M |
| Short Ratio | 5.79 X | 4.00 X |
| Earnings Per Share | 6.54 X | 3.12 X |
| Price To Earnings To Growth | 3.20 X | 4.89 X |
| Target Price | 67.86 | |
| Number Of Employees | 48.05 K | 18.84 K |
| Beta | 1.1 | -0.15 |
| Market Capitalization | 61.33 B | 19.03 B |
| Total Asset | 975.72 B | 29.47 B |
| Retained Earnings | 30.4 B | 9.33 B |
| Annual Yield | 0.06 % | |
| Five Year Return | 4.90 % |
Canadian Imperial Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Canadian . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 50407.66 | |||
| Daily Balance Of Power | (0.17) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 65.4 | |||
| Day Typical Price | 65.37 | |||
| Price Action Indicator | (0.14) | |||
| Period Momentum Indicator | (0.11) |
About Canadian Imperial Buy or Sell Advice
When is the right time to buy or sell Canadian Imperial Bank? Buying financial instruments such as Canadian Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 187.5B | 215.6B | 226.4B | Total Assets | 943.6B | 1.1T | 1.2T |
Use Investing Ideas to Build Portfolios
In addition to having Canadian Imperial in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Beers Thematic Idea Now
Beers
Companies involved in production and distribution of domestic and international beer. The Beers theme has 47 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Beers Theme or any other thematic opportunities.
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Check out Canadian Imperial Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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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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