Canadian Imperial Bank Stock Price Prediction

CM Stock  USD 64.89  0.56  0.87%   
The relative strength index (RSI) of Canadian Imperial's share price is above 70 as of now suggesting that the stock is becoming overbought or overvalued. The idea behind Relative Strength Index (RSI) is that it helps to track how fast people are buying or selling Canadian, making its price go up or down.

Oversold Vs Overbought

71

 
Oversold
 
Overbought
The successful prediction of Canadian Imperial's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Canadian Imperial and does not consider all of the tangible or intangible factors available from Canadian Imperial's fundamental data. We analyze noise-free headlines and recent hype associated with Canadian Imperial Bank, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Canadian Imperial's stock price prediction:
Quarterly Earnings Growth
0.238
EPS Estimate Current Year
7.2695
EPS Estimate Next Year
7.6518
Wall Street Target Price
83.5385
EPS Estimate Current Quarter
1.29
Using Canadian Imperial hype-based prediction, you can estimate the value of Canadian Imperial Bank from the perspective of Canadian Imperial response to recently generated media hype and the effects of current headlines on its competitors.

Canadian Imperial Bank Hype to Price Pattern

Investor biases related to Canadian Imperial's public news can be used to forecast risks associated with an investment in Canadian. The trend in average sentiment can be used to explain how an investor holding Canadian can time the market purely based on public headlines and social activities around Canadian Imperial Bank. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Canadian Imperial's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Canadian Imperial.
The fear of missing out, i.e., FOMO, can cause potential investors in Canadian Imperial to buy its stock at a price that has no basis in reality. In that case, they are not buying Canadian because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Canadian Imperial after-hype prediction price

    
  USD 64.76  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Canadian Imperial Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
57.9659.0671.38
Details
Naive
Forecast
LowNextHigh
63.6564.7565.85
Details
15 Analysts
Consensus
LowTargetHigh
40.7844.8149.74
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.791.821.84
Details

Canadian Imperial After-Hype Price Prediction Density Analysis

As far as predicting the price of Canadian Imperial at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Canadian Imperial or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Canadian Imperial, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Canadian Imperial Estimiated After-Hype Price Volatility

In the context of predicting Canadian Imperial's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Canadian Imperial's historical news coverage. Canadian Imperial's after-hype downside and upside margins for the prediction period are 63.66 and 65.86, respectively. We have considered Canadian Imperial's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
64.89
64.76
After-hype Price
65.86
Upside
Canadian Imperial is very steady at this time. Analysis and calculation of next after-hype price of Canadian Imperial Bank is based on 3 months time horizon.

Canadian Imperial Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Canadian Imperial is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Canadian Imperial backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Canadian Imperial, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.30 
1.10
  0.13 
  0.08 
11 Events / Month
0 Events / Month
In about 11 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
64.89
64.76
0.20 
244.44  
Notes

Canadian Imperial Hype Timeline

As of November 21, 2024 Canadian Imperial Bank is listed for 64.89. The entity has historical hype elasticity of -0.13, and average elasticity to hype of competition of -0.08. Canadian is expected to decline in value after the next headline, with the price expected to drop to 64.76. The average volatility of media hype impact on the company price is over 100%. The price decline on the next news is expected to be -0.2%, whereas the daily expected return is currently at 0.3%. The volatility of related hype on Canadian Imperial is about 431.37%, with the expected price after the next announcement by competition of 64.81. About 52.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.63. Some equities with similar Price to Book (P/B) outperform the market in the long run. Canadian Imperial Bank last dividend was issued on the 27th of September 2024. The entity had 2:1 split on the 16th of May 2022. Allowing for the 90-day total investment horizon the next expected press release will be in about 11 days.
Check out Canadian Imperial Basic Forecasting Models to cross-verify your projections.

Canadian Imperial Related Hype Analysis

Having access to credible news sources related to Canadian Imperial's direct competition is more important than ever and may enhance your ability to predict Canadian Imperial's future price movements. Getting to know how Canadian Imperial's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Canadian Imperial may potentially react to the hype associated with one of its peers.

Canadian Imperial Additional Predictive Modules

Most predictive techniques to examine Canadian price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Canadian using various technical indicators. When you analyze Canadian charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Canadian Imperial Predictive Indicators

The successful prediction of Canadian Imperial stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Canadian Imperial Bank, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Canadian Imperial based on analysis of Canadian Imperial hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Canadian Imperial's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Canadian Imperial's related companies.
 2021 2022 2023 (projected)
Dividend Yield0.05320.04770.043
Price To Sales Ratio2.572.222.0

Story Coverage note for Canadian Imperial

The number of cover stories for Canadian Imperial depends on current market conditions and Canadian Imperial's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Canadian Imperial is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Canadian Imperial's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Canadian Imperial Short Properties

Canadian Imperial's future price predictability will typically decrease when Canadian Imperial's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Canadian Imperial Bank often depends not only on the future outlook of the potential Canadian Imperial's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Canadian Imperial's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding916.2 M
Cash And Short Term Investments80.5 B
Check out Canadian Imperial Basic Forecasting Models to cross-verify your projections.
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Is Diversified Banks space 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
0.238
Dividend Share
3.57
Earnings Share
4.97
Revenue Per Share
24.295
Quarterly Revenue Growth
0.196
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.