Cibc Premium Cash Etf Market Value
| CCAD Etf | 50.13 0.01 0.02% |
| Symbol | CIBC |
CIBC Premium 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to CIBC Premium's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of CIBC Premium.
| 04/24/2025 |
| 07/23/2025 |
If you would invest 0.00 in CIBC Premium on April 24, 2025 and sell it all today you would earn a total of 0.00 from holding CIBC Premium Cash or generate 0.0% return on investment in CIBC Premium over 90 days.
CIBC Premium Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure CIBC Premium's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess CIBC Premium Cash upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (6.80) | |||
| Maximum Drawdown | 0.1798 | |||
| Value At Risk | (0.02) | |||
| Potential Upside | 0.04 |
CIBC Premium Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CIBC Premium's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CIBC Premium's standard deviation. In reality, there are many statistical measures that can use CIBC Premium historical prices to predict the future CIBC Premium's volatility.CIBC Premium Cash Backtested Returns
As of now, CIBC Etf is very steady. CIBC Premium Cash retains Efficiency (Sharpe Ratio) of 0.4, which signifies that the etf had a 0.4 % return per unit of risk over the last 3 months. We have found twenty technical indicators for CIBC Premium, which you can use to evaluate the volatility of the entity. Please confirm CIBC Premium's information ratio of (6.80), and Mean Deviation of 0.0171 to double-check if the risk estimate we provide is consistent with the expected return of 0.01%. The etf owns a Beta (Systematic Risk) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and CIBC Premium are completely uncorrelated.
Auto-correlation | 0.92 |
Excellent predictability
CIBC Premium Cash has excellent predictability. Overlapping area represents the amount of predictability between CIBC Premium time series from 24th of April 2025 to 8th of June 2025 and 8th of June 2025 to 23rd of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of CIBC Premium Cash price movement. The serial correlation of 0.92 indicates that approximately 92.0% of current CIBC Premium price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.92 | |
| Spearman Rank Test | 0.97 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
CIBC Premium Cash lagged returns against current returns
Autocorrelation, which is CIBC Premium etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting CIBC Premium's etf expected returns. We can calculate the autocorrelation of CIBC Premium returns to help us make a trade decision. For example, suppose you find that CIBC Premium has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
CIBC Premium regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If CIBC Premium etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CIBC Premium etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CIBC Premium etf over time.
Current vs Lagged Prices |
| Timeline |
CIBC Premium Lagged Returns
When evaluating CIBC Premium's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CIBC Premium etf have on its future price. CIBC Premium autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, CIBC Premium autocorrelation shows the relationship between CIBC Premium etf current value and its past values and can show if there is a momentum factor associated with investing in CIBC Premium Cash.
Regressed Prices |
| Timeline |