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Bullish Case: Earnings beat with strong revenue and management, 13.8% ROE, and strategic investments facilitate growth in personal and wealth banking sectors, signaling a continued upward trajectory.


Bearish Case: Global economic uncertainties and potential rate hikes may affect borrowing costs, negatively impacting credit quality and growth, posing downside risk to profitability.


Potential Outcomes:

1) Earnings growth with market outperformance (60%).

2) Credit quality pressure due to rate hikes affecting stock (30%).

3) Neutral movement reflecting market volatility (10%).


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April 10, 2024


Canadian Imperial Bank Of Commerce Forecast

CM        Canadian Imperial Bank Of Commerce
Price Forecast: NEUTRAL    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with CM



C Forecast + Options Trading Strategies   [C]  Citigroup (0.95)


CENX Forecast + Options Trading Strategies   [CENX]  Century Aluminum (0.95)


SLM Forecast + Options Trading Strategies   [SLM]  SLM (0.95)


CNI Forecast + Options Trading Strategies   [CNI]  Canadian National Railway (0.93)


XYL Forecast + Options Trading Strategies   [XYL]  Xylem (0.93)



Uncorrelated Stock Forecasts

Assets with little price relationship to CM



PXD Forecast + Options Trading Strategies   [PXD]  Pioneer Natural Resources (0.0)


UL Forecast + Options Trading Strategies   [UL]  Unilever (-0.0)


CNK Forecast + Options Trading Strategies   [CNK]  Cinemark (-0.01)


RRGB Forecast + Options Trading Strategies   [RRGB]  Red Robin Gourmet Burgers (-0.01)


AMBA Forecast + Options Trading Strategies   [AMBA]  Ambarella (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against CM



SRTY Forecast + Options Trading Strategies   [SRTY]  ProShares UltraPro Short Russell2000 (-0.89)


RWM Forecast + Options Trading Strategies   [RWM]  ProShares Trust - ProShares Short Russell2000 (-0.9)


DRV Forecast + Options Trading Strategies   [DRV]  Direxion Daily Real Estate Bear 3X Shares (-0.91)


SRS Forecast + Options Trading Strategies   [SRS]  ProShares UltraShort Real Estate (-0.92)


REK Forecast + Options Trading Strategies   [REK]  ProShares Short Real Estate (-0.93)





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