Canadian Imperial Bank Stock Technical Analysis
CM Stock | CAD 65.61 0.29 0.44% |
As of the 24th of April, Canadian Imperial shows the Risk Adjusted Performance of 0.0914, mean deviation of 0.6443, and Downside Deviation of 0.8015. 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's future prices. Put another way, 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 were able to interpolate and analyze data for nineteen technical drivers for Canadian Imperial Bank, which can be compared to its peers. Please confirm Canadian Imperial Bank coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if Canadian Imperial Bank is priced correctly, providing market reflects its regular price of 65.61 per share.
Canadian Imperial Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Canadian, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CanadianCanadian |
Canadian Imperial technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Canadian Imperial Bank Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Canadian Imperial Bank volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Canadian Imperial Bank Trend Analysis
Use this graph to draw trend lines for Canadian Imperial Bank. 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 Line
The following chart estimates an ordinary least squares regression model for Canadian Imperial Bank applied against its price change over selected period. The best fit line has a slop of 0.14 , which means Canadian Imperial Bank will continue generating value for investors. It has 122 observation points and a regression sum of squares at 704.35, which is the sum of squared deviations for the predicted Canadian Imperial price change compared to its average price change.About Canadian Imperial Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Canadian Imperial Bank on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Canadian Imperial Bank based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Canadian Imperial Bank price pattern first instead of the macroeconomic environment surrounding Canadian Imperial Bank. By analyzing Canadian Imperial's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Canadian Imperial's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Canadian Imperial specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0532 | 0.0505 | 0.0454 | 0.0362 | Price To Sales Ratio | 2.57 | 1.92 | 1.73 | 1.96 |
Canadian Imperial April 24, 2024 Technical Indicators
Most technical analysis of Canadian help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Canadian from various momentum indicators to cycle indicators. When you analyze Canadian charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0914 | |||
Market Risk Adjusted Performance | 0.1463 | |||
Mean Deviation | 0.6443 | |||
Semi Deviation | 0.6218 | |||
Downside Deviation | 0.8015 | |||
Coefficient Of Variation | 700.49 | |||
Standard Deviation | 0.8176 | |||
Variance | 0.6685 | |||
Information Ratio | 0.0262 | |||
Jensen Alpha | 0.0399 | |||
Total Risk Alpha | (0.01) | |||
Sortino Ratio | 0.0267 | |||
Treynor Ratio | 0.1363 | |||
Maximum Drawdown | 3.85 | |||
Value At Risk | (1.22) | |||
Potential Upside | 1.21 | |||
Downside Variance | 0.6424 | |||
Semi Variance | 0.3867 | |||
Expected Short fall | (0.67) | |||
Skewness | 0.1585 | |||
Kurtosis | 0.4903 |
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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for Canadian Stock analysis
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.
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
Stocks Directory Find actively traded stocks across global markets | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume |