Canadian Imperial Bank Stock Today
CM Stock | CAD 67.17 0.48 0.72% |
Performance13 of 100
| Odds Of DistressLess than 6
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Canadian Imperial is selling at 67.17 as of the 19th of March 2024; that is 0.72 percent up since the beginning of the trading day. The stock's open price was 66.69. Canadian Imperial has only a 6 % chance of going through financial distress over the next few years and had a good performance during the last 90 days. Equity ratings for Canadian Imperial Bank are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of January 2024 and ending today, the 19th of March 2024. Click here to learn more.
Business Domain Banks | Category Financial Services | Classification Financials |
Canadian Imperial Bank of Commerce, a diversified financial institution, provides various financial products and services to personal, business, public sector, and institutional clients in Canada, the United States, and internationally. Canadian Imperial Bank of Commerce was founded in 1867 and is headquartered in Toronto, Canada. The company has 937.27 M outstanding shares of which 31.72 M shares are currently shorted by private and institutional investors with about 13.95 days to cover all short positions. More on Canadian Imperial Bank
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Follow Valuation Profit Patterns Odds of Bankruptcy
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Canadian Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Canadian Imperial's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Canadian Imperial or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Canadian Imperial's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Canadian Imperial's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
CEO | Larry Richman | ||||
Thematic Idea | Investor Favorites (View all Themes) | ||||
Business Concentration | Diversified Banks, Banks - Diversified, Financial Services, Investor Favorites, Financials, Banks, Banks—Diversified, Financial Services (View all Sectors) | ||||
Canadian Imperial's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Canadian Imperial's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Canadian Imperial's financial leverage. It provides some insight into what part of Canadian Imperial's total assets is financed by creditors.
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Canadian Imperial Bank (CM) is traded on Toronto Exchange in Canada and employs 48,047 people. Canadian Imperial is listed under Diversified Banks category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 62.51 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Canadian Imperial's market, we take the total number of its shares issued and multiply it by Canadian Imperial's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Canadian Imperial Bank classifies itself under Banks sector and is part of Financials industry. The entity has 937.27 M outstanding shares of which 31.72 M shares are currently shorted by private and institutional investors with about 13.95 days to cover all short positions.
Canadian Imperial Bank has accumulated about 212.28 B in cash with 12.15 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 234.66.
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Ownership AllocationCanadian Imperial holds a total of 937.27 Million outstanding shares. 30% of Canadian Imperial Bank outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Canadian Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Canadian Imperial jumping above the current price in 90 days from now is roughly 2.28%. The Canadian Imperial Bank probability density function shows the probability of Canadian Imperial stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Canadian Imperial has a beta of 0.6756 suggesting as returns on the market go up, Canadian Imperial average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Canadian Imperial Bank will be expected to be much smaller as well. Additionally, the company has an alpha of 0.1324, implying that it can generate a 0.13 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Canadian Imperial to move above the current price in 90 days from now is roughly 2.28 (This Canadian Imperial Bank probability density function shows the probability of Canadian Stock to fall within a particular range of prices over 90 days) .
Canadian Imperial Historical Income Statement
Canadian Imperial Bank Income Statement is one of the three primary financial statements used for reporting Canadian's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Canadian Imperial Bank revenue and expense. Canadian Imperial Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Canadian Imperial's Depreciation And Amortization is very stable compared to the past year. As of the 19th of March 2024, Interest Expense is likely to grow to about 38.9 B, while Selling General Administrative is likely to drop about 5.3 B. View More FundamentalsCanadian Stock Against Markets
Picking the right benchmark for Canadian Imperial stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Canadian Imperial stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Canadian Imperial is critical whether you are bullish or bearish towards Canadian Imperial Bank at a given time. Please also check how Canadian Imperial's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Canadian Imperial without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Canadian Imperial Corporate Directors
Canadian Imperial corporate directors refer to members of a Canadian Imperial board of directors. The board of directors generally takes responsibility for the Canadian Imperial's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Canadian Imperial's board members must vote for the resolution. The Canadian Imperial board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.Ronald Tysoe | Independent Director | Profile | |
Luc Desjardins | Independent Director | Profile | |
Linda Hasenfratz | Independent Director | Profile | |
Gary Colter | Independent Director | Profile |
How to buy Canadian Stock?
Before investing in Canadian Imperial, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Canadian Imperial. To buy Canadian Imperial stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Canadian Imperial. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Canadian Imperial stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Canadian Imperial Bank stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Canadian Imperial Bank stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Canadian Imperial Bank, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Canadian Stock please use our How to Invest in Canadian Imperial guide.
Already Invested in Canadian Imperial Bank?
The danger of trading Canadian Imperial Bank is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Canadian Imperial is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Canadian Imperial. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Canadian Imperial Bank is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Canadian Imperial Bank is a strong investment it is important to analyze Canadian Imperial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Canadian Imperial's future performance. For an informed investment choice regarding Canadian Stock, refer to the following important reports: 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 estimate. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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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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