Canadian Imperial Bank Stock Buy Hold or Sell Recommendation
| CM Stock | USD 47.57 0.35 0.74% |
Allowing for the 90-day total investment 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 46.09 | Target Price 44.81 | Hype Value 47.48 | Market Value 47.57 |
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 | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Canadian Imperial Trading Alerts and Improvement Suggestions
| Canadian Imperial has a strong financial position based on the latest SEC filings | |
| Latest headline from finance.yahoo.com: Feds Uncertain Path Creates Bind for Bank of Canadas Macklem |
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 | 0.09 | Value At Risk | -1.49 | Potential Upside | 1.61 | Standard Deviation | 1.01 |
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 Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Canadian Imperial is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Canadian Imperial Bank backward and forwards among themselves. Canadian Imperial's institutional investor refers to the entity that pools money to purchase Canadian Imperial's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Legal & General Group Plc | 2023-12-31 | 6.9 M | Connor Clark & Lunn Inv Mgmt Ltd | 2023-12-31 | 6.3 M | Healthcare Of Ontario Pension Plan Trust Fund | 2023-12-31 | 6.1 M | Jpmorgan Chase & Co | 2023-12-31 | 5.8 M | Capital World Investors | 2023-12-31 | 5.3 M | Bank Of America Corp | 2023-12-31 | 5.2 M | Deutsche Bank Ag | 2023-12-31 | 4.9 M | Mackenzie Investments | 2023-12-31 | 4.5 M | Scotia Capital Inc | 2023-12-31 | 4.4 M | Royal Bank Of Canada | 2023-12-31 | 65.1 M | Bank Of Montreal | 2023-12-31 | 53.4 M |
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 | |
| Dividends Paid | 2.6B | 2.6B | 3.0B | 2.3B | 2.6B | 1.5B | |
| Net Income | 3.8B | 6.4B | 6.2B | 5.0B | 5.8B | 6.1B | |
| End Period Cash Flow | 43.5B | 34.6B | 31.5B | 20.8B | 23.9B | 25.1B | |
| Other Non Cash Items | 1.7B | 995M | (110M) | 3.7B | 4.3B | 4.5B | |
| Change To Inventory | (7.5B) | (8.4B) | (50.6B) | (16.0B) | (14.4B) | (13.6B) | |
| Investments | (19.4B) | (2.7B) | (24.4B) | (20.8B) | (18.7B) | (17.8B) | |
| Net Borrowings | 660M | (313M) | 672M | (81M) | (93.2M) | (88.5M) | |
| Change To Netincome | 1.8B | 990M | (109M) | 3.7B | 4.3B | 4.5B |
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 | -0.01 | |
β | Beta against NYSE Composite | 1.20 | |
σ | Overall volatility | 1.00 | |
Ir | Information ratio | 0 |
Canadian Imperial Volatility Alert
Canadian Imperial Bank has relatively low volatility with skewness of -0.26 and kurtosis of 0.36. 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 | 36.15 B | 16.62 B |
| Shares Outstanding | 937.27 M | 571.82 M |
| Shares Owned By Insiders | 0.02 % | 10.09 % |
| Shares Owned By Institutions | 49.06 % | 39.21 % |
| Number Of Shares Shorted | 15.9 M | 4.71 M |
| Price To Earning | 6.34 X | 28.72 X |
| Price To Book | 1.25 X | 9.51 X |
| Price To Sales | 2.12 X | 11.42 X |
| Revenue | 23.29 B | 9.43 B |
| Gross Profit | 21.31 B | 27.38 B |
| EBITDA | 8.07 B | 3.9 B |
| Net Income | 5.03 B | 570.98 M |
| Cash And Equivalents | 212.28 B | 2.7 B |
| Cash Per Share | 234.66 X | 5.01 X |
| Total Debt | 194.5 B | 5.32 B |
| Debt To Equity | 20.35 % | 48.70 % |
| Book Value Per Share | 54.91 X | 1.93 K |
| Cash Flow From Operations | 12.15 B | 971.22 M |
| Short Ratio | 13.49 X | 4.00 X |
| Earnings Per Share | 4.73 X | 3.12 X |
| Price To Earnings To Growth | 3.19 X | 4.89 X |
| Target Price | 44.86 | |
| Number Of Employees | 48.05 K | 18.84 K |
| Beta | 1.1 | -0.15 |
| Market Capitalization | 44.26 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 | 4.91 % |
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 | 51043.55 | |||
| Daily Balance Of Power | 0.5072 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 47.45 | |||
| Day Typical Price | 47.49 | |||
| Price Action Indicator | 0.3 | |||
| Period Momentum Indicator | 0.35 |
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 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 187.5B | 194.5B | 223.7B | 234.9B | Total Assets | 943.6B | 975.7B | 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 Agriculture Thematic Idea Now
Agriculture
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Agriculture theme has 31 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 Agriculture 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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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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 4.73 | 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.