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CM
Stock ticker:
NYSE
AS OF
Jul 1 closing price
Price
$49.09
Change
+$0.52 (+1.07%)
Capitalization
43.79B

CM Price Prediction, Canadian Imperial Bank of Commerce AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar
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a Summary for AAPL with price predictions
12:00 AM EDT Jul 01, 2022

CM in upward trend: price expected to rise as it breaks its lower Bollinger Band on June 10, 2022

CM may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In 18 of 32 cases where CM's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are 56%.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where CM's RSI Oscillator exited the oversold zone, of 29 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 52 cases where CM's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CM advanced for three days, in of 388 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 316 cases where CM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on June 09, 2022. You may want to consider selling the stock, shorting the stock, or exploring put options on CM as a result. In of 81 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for CM turned negative on June 13, 2022. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 44 similar instances when the indicator turned negative. In of the 44 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 81, placing this stock better than average.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.315) is normal, around the industry mean (0.892). P/E Ratio (8.969) is within average values for comparable stocks, (17.583). CM's Projected Growth (PEG Ratio) (5.499) is slightly higher than the industry average of (2.061). Dividend Yield (0.051) settles around the average of (0.054) among similar stocks. P/S Ratio (2.732) is also within normal values, averaging (2.526).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. CM’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

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published price charts
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published Earnings

CM is expected to report earnings to rise 5.08% to $1.86 per share on August 25

Canadian Imperial Bank of Commerce CM Stock Earnings Reports
Q3'22
Est.
$1.86
Q2'22
Missed
by $0.02
Q1'22
Beat
by $0.41
Q4'21
Missed
by $0.17
Q3'21
Beat
by $0.53
The last earnings report on May 26 showed earnings per share of $1.77, missing the estimate of $1.79. With 357.98K shares outstanding, the current market capitalization sits at 43.79B.
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published Dividends

CM paid dividends on October 28, 2021

Canadian Imperial Bank of Commerce CM Stock Dividends
А dividend of $2.92 per share was paid with a record date of October 28, 2021, and an ex-dividend date of September 27, 2021. Read more...
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published Highlights

Notable companies

The most notable companies in this group are JPMorgan Chase & Co (NYSE:JPM), Bank of America Corp (NYSE:BAC), Wells Fargo & Co (NYSE:WFC), HSBC Holdings PLC (NYSE:HSBC), Citigroup (NYSE:C), Barclays PLC (NYSE:BCS).

Industry description

Major banks are among the biggest companies in the world, often times with global reach and market capitalizations in the multi-billions. Large banks often have multiple arms spanning different disciplines, from deposits, to investment banking, to wealth management and insurance. The biggest banks often have key competitive advantages over smaller players in the industry in terms of brand recognition, cost of capital, and efficiency. Think J.P. Morgan, Bank of America, Wells Fargo, and Citigroup.

Market Cap

The average market capitalization across the Major Banks Industry is 72.23B. The market cap for tickers in the group ranges from 191.41M to 330.74B. JPM holds the highest valuation in this group at 330.74B. The lowest valued company is MSL at 191.41M.

High and low price notable news

The average weekly price growth across all stocks in the Major Banks Industry was -0%. For the same Industry, the average monthly price growth was -7%, and the average quarterly price growth was -8%. WFCNP experienced the highest price growth at 55%, while FANDY experienced the biggest fall at -10%.

Volume

The average weekly volume growth across all stocks in the Major Banks Industry was -77%. For the same stocks of the Industry, the average monthly volume growth was -69% and the average quarterly volume growth was -26%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 40
P/E Growth Rating: 56
Price Growth Rating: 55
SMR Rating: 15
Profit Risk Rating: 80
Seasonality Score: -9 (-100 ... +100)
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published General Information

General Information

a major bank

Industry MajorBanks

Profile
Fundamentals
Details
Industry
Investment Trusts Or Mutual Funds
Address
81 Bay Street
Phone
+1 416 980-3096
Employees
44904
Web
https://www.cibc.com

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CM and

Correlation & Price change

A.I.dvisor indicates that over the last year, CM has been closely correlated with BMO. These tickers have moved in lockstep 81% of the time. This A.I.-generated data suggests there is a high statistical probability that if CM jumps, then BMO could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CM
1D Price
Change %
CM100%
+1.12%
BMO - CM
81%
Closely correlated
+0.80%
RY - CM
81%
Closely correlated
+0.64%
BNS - CM
78%
Closely correlated
-0.69%
TD - CM
74%
Closely correlated
+0.95%
C - CM
67%
Closely correlated
+1.94%
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