Cibc Canadian Equity Etf Price on March 19, 2024
CCEI Etf | CAD 27.77 0.04 0.14% |
If you're considering investing in CIBC Etf, it is important to understand the factors that can impact its price. As of today, the current price of CIBC Canadian stands at 27.77, as last reported on the 4th of December, with the highest price reaching 27.78 and the lowest price hitting 27.72 during the day. As of now, CIBC Etf is very steady. CIBC Canadian Equity retains Efficiency (Sharpe Ratio) of 0.33, which signifies that the etf had a 0.33% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for CIBC Canadian, which you can use to evaluate the volatility of the entity. Please confirm CIBC Canadian's market risk adjusted performance of 0.6275, and Standard Deviation of 0.56 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%.
CIBC Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
CIBC |
Sharpe Ratio = 0.3298
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | CCEI | |||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns |
Estimated Market Risk
0.56 actual daily | 4 96% of assets are more volatile |
Expected Return
0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
0.33 actual daily | 25 75% of assets perform better |
Based on monthly moving average CIBC Canadian is performing at about 25% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of CIBC Canadian by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 44.2 K |
CIBC Canadian Valuation on March 19, 2024
It is possible to determine the worth of CIBC Canadian on a given historical date. On March 19, 2024 CIBC was worth 23.1 at the beginning of the trading date compared to the closed value of 23.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CIBC Canadian etf. Still, in general, we apply an absolute valuation method to find CIBC Canadian's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of CIBC Canadian where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CIBC Canadian's related companies.
Open | High | Low | Close | Volume | |
23.09 | 23.09 | 23.09 | 23.09 | 1.00 | |
03/19/2024 | 23.10 | 23.10 | 23.10 | 23.10 | 509.00 |
23.20 | 23.31 | 23.20 | 23.31 | 2,300 |
Backtest CIBC Canadian | | | CIBC Canadian History | | | CIBC Canadian Valuation | Previous | Next |
CIBC Canadian Trading Date Momentum on March 19, 2024
On March 20 2024 CIBC Canadian Equity was traded for 23.31 at the closing time. The highest price during the trading period was 23.31 and the lowest recorded bid was listed for 23.20 . The volume for the day was 2.3 K. This history from March 20, 2024 contributed to the next trading day price boost. The overall trading delta to the next closing price was 0.91% . The overall trading delta to the current price is 1.86% . |
CIBC Canadian Equity Fundamentals Correlations and Trends
By evaluating CIBC Canadian's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among CIBC Canadian's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CIBC financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CIBC Canadian Etf history
CIBC Canadian investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for CIBC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CIBC Canadian Equity will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing CIBC Canadian stock prices may prove useful in developing a viable investing in CIBC Canadian
CIBC Canadian Etf Technical Analysis
CIBC Canadian technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
CIBC Canadian Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
CIBC Canadian Equity cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
CIBC Canadian December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how CIBC Canadian etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CIBC Canadian shares will generate the highest return on investment. By undertsting and applying CIBC Canadian etf market strength indicators, traders can identify CIBC Canadian Equity entry and exit signals to maximize returns
CIBC Canadian Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CIBC Canadian's price direction in advance. Along with the technical and fundamental analysis of CIBC Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of CIBC to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.2313 | |||
Jensen Alpha | 0.1353 | |||
Total Risk Alpha | 0.0866 | |||
Sortino Ratio | 0.0996 | |||
Treynor Ratio | 0.6175 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Other Information on Investing in CIBC Etf
CIBC Canadian financial ratios help investors to determine whether CIBC Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CIBC with respect to the benefits of owning CIBC Canadian security.