Canadian Imperial Bank of Commerce (TSX:CM) Momentum Rank : 10 (As of Mar. 02, 2025)

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What is Canadian Imperial Bank of Commerce Momentum Rank?

Canadian Imperial Bank of Commerce has the Momentum Rank of 10.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 10.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Canadian Imperial Bank of Commerce's Momentum Rank

For the Banks - Diversified subindustry, Canadian Imperial Bank of Commerce's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Canadian Imperial Bank of Commerce's Momentum Rank Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Canadian Imperial Bank of Commerce's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Canadian Imperial Bank of Commerce's Momentum Rank falls into.

Canadian Imperial Bank of Commerce Momentum Rank Related Terms

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Canadian Imperial Bank of Commerce Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Canadian Imperial Bank of Commerce (TSX:CM) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

CM:USA 0UNI:UK CAI:Germany CM.PR.S.PFD:Canada CM.PR.Q.PFD:Canada

Address

81 Bay Street, CIBC Square, Toronto, ON, CAN, M5J 0E7

Website

https://www.cibc.com

Canadian Imperial Bank of Commerce is Canada's fifth-largest bank with around CAD 1 trillion in assets. It operates four business segments: Canadian retail and business banking, Canadian commercial banking and wealth management, US commercial banking and wealth management, and capital markets. It serves approximately 14 million personal banking and business customers, primarily in Canada and the US.

Executives

Susan Rimmer	Senior Officer
Sandy Sharman	Senior Officer
Robert Sedran	Senior Officer
Harry Kenneth Culham	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Victor George Dodig	Director, Senior Officer
Frank Guse	Senior Officer
Christina Charlotte Kramer	Senior Officer
Shawn Beber	Senior Officer
Katharine Berghuis Stevenson	Director
Mary Lou Katherine Maher	Director
Laura Lee Dottori-attanasio	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
John Hountalas	Senior Officer
Michael Capatides	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Nanci Ellen Caldwell	Director
Patrick Darold Daniel	Director