As of 23 of October Canadian Imperial shows Risk Adjusted Performance of 0.1318, Downside Deviation of 1.1 and Mean Deviation of 0.7393. Canadian Imperial Bank technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm future prices. In plain English you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found nineteen technical drivers for Canadian Imperial Bank Of Comme which can be compared to its rivals. Please confirm Canadian Imperial Bank Jensen Alpha as well as the relationship between Potential Upside and Skewness to decide if Canadian Imperial Bank is priced correctly providing market reflects its regular price of 85.45 per share. Given that Canadian Imperial has Jensen Alpha of 0.1366, we suggest you validate Canadian Imperial Bank Of Comme prevailing market performance to make sure the company can sustain itself at future point.
Canadian Imperial Bank Of Comme current and past analyst recommendations published by number of research institutions as well as average analyst consensus
|Target Price||Advice||# of Analysts|
|Canadian Imperial Analyst Advice|
|Horizon||30 Days Login to change|
Canadian Imperial Bank Technical Analysis
Canadian Imperial Bank Trend AnalysisUse this graph to draw trend lines for Canadian Imperial Bank Of Comme. You can use it to identify possible trend reversals for Canadian Imperial as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Canadian Imperial price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Canadian Imperial Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Canadian Imperial Bank Of Comme applied against its price change over selected period. The best fit line has a slop of 0.17 which suggests that Canadian Imperial Bank Of Comme will keep on generating value for investors. It has 122 observation points and a regression sum of squares at 1061.06, which is the sum of squared deviations for the predicted Canadian Imperial price change compared to its average price change.
Canadian Imperial October 23, 2019 Technical Indicators
|Risk Adjusted Performance||0.1318|
|Market Risk Adjusted Performance||0.1827|
|Coefficient Of Variation||739.87|
|Total Risk Alpha||0.1443|
|Value At Risk||(1.57)|
|Expected Short fall||(0.71)|
Canadian Imperial October 23, 2019 Daily Price Condition
|Daily Balance Of Power||1.00|
|Rate Of Daily Change||1.00|
|Day Median Price||85.64|
|Day Typical Price||85.58|
|Price Action Indicator||0.00|
|Market Facilitation Index||0.39|