CM
StockCanadian Imperial Bank of Commerce
One email when a drop — in price or in valuation — is historically rare for CM. Otherwise we stay quiet.
Nothing to see here.
Canadian Imperial Bank of Commerce is 5.8% off its high — a mild dip, shallower than its 3.9% average pullback. Whatever the news says today, this isn't historically significant.
Slightly Elevated
Current Drawdown
-5.8%
Days in Drawdown
89
Avg Max Drawdown
3.9%
Avg Length
48
Drawdown Severity Score™
1.3
CM - Price & High Water Mark
CM - Drawdown Timeline
How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.
Canadian Imperial Bank of Commerce (CM) Analysis: Current Drawdown Insights
Canadian Imperial Bank of Commerce is currently in a moderate drawdown. As of 2026-11-13, the stock is trading at $115.80, down 5.8% from its all-time high of $122.92. This pullback has lasted 89 days.
CM by the numbers
- Over the past 10 years, CM spent 59% of trading days further below its high than it is now.
- Since 1997, CM has fallen 20% or more 7 times, about one every 4 years, and 30% or more 6 times.
- After a 20%+ decline, CM has typically needed 2.5 years to return to its high. The fastest round trip took 3 months (from Dec 1997).
- Its worst decline on record began in Nov 2007 and reached 72%. It was 5 years before CM closed at a new high.
The Drawdown Severity Score™ for Canadian Imperial Bank of Commerce currently stands at 1.30. A score below 2.0 indicates a normal drawdown within the stock's typical range: a routine pullback.
New to drawdowns? Read what a drawdown is.
📜 Historical Drawdown Events
Current drawdown shown in blue. Below are 21 of CM's larger declines from its 211 tracked pullbacks, newest first.
| Start Date | End Date | Duration | Max Depth | Start Price | Lowest Price | Recovery Price |
|---|---|---|---|---|---|---|
| 2026-08-16 | Ongoing | 89 days | -5.8% | $122.92 | $115.80 | n/a |
| 2026-05-27 | 2026-07-01 | 36 days | -8.5% | $114.25 | $104.58 | $115.30 |
| 2026-02-27 | 2026-04-10 | 42 days | -10.8% | $101.54 | $90.58 | $101.79 |
| 2024-12-12 | 2025-05-16 | 155 days | -17.4% | $63.77 | $52.70 | $64.26 |
| 2022-01-19 | 2024-08-29 | 953 days | -41.9% | $53.74 | $31.24 | $53.90 |
| 2021-11-04 | 2022-01-07 | 65 days | -12.8% | $50.04 | $43.63 | $50.51 |
| 2018-01-08 | 2020-12-04 | 1062 days | -48.5% | $33.51 | $17.26 | $33.77 |
| 2017-02-24 | 2017-10-03 | 221 days | -13.9% | $29.21 | $25.16 | $29.46 |
| 2014-09-19 | 2017-01-26 | 861 days | -36.3% | $27.65 | $17.61 | $27.67 |
| 2014-01-02 | 2014-03-06 | 64 days | -9.7% | $23.70 | $21.40 | $23.76 |
| 2013-01-23 | 2013-10-17 | 267 days | -14.2% | $21.98 | $18.86 | $22.02 |
| 2007-11-07 | 2013-01-09 | 1891 days | -71.8% | $21.62 | $6.09 | $21.71 |
| 2007-05-31 | 2007-09-25 | 118 days | -17.9% | $19.45 | $15.97 | $19.58 |
| 2006-05-17 | 2006-08-23 | 99 days | -11.9% | $14.34 | $12.64 | $14.34 |
| 2005-08-03 | 2005-11-25 | 115 days | -13.4% | $12.24 | $10.60 | $12.26 |
| 2004-04-07 | 2004-09-29 | 176 days | -15.0% | $9.51 | $8.09 | $9.51 |
| 2002-04-22 | 2003-05-14 | 388 days | -39.8% | $5.83 | $3.51 | $6.00 |
| 2001-09-07 | 2002-03-28 | 203 days | -17.2% | $5.60 | $4.64 | $5.63 |
| 2001-06-14 | 2001-08-27 | 75 days | -9.7% | $5.48 | $4.95 | $5.59 |
| 2001-02-02 | 2001-06-12 | 130 days | -13.7% | $5.30 | $4.57 | $5.31 |
| 1998-04-17 | 2001-02-01 | 1022 days | -58.5% | $5.28 | $2.19 | $5.30 |
| 1997-12-10 | 1998-03-10 | 91 days | -23.7% | $4.26 | $3.25 | $4.29 |
How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).
Know the Moment Severity Changes
Since 2016, 75% of 1,149 Strong Buy and Ultra Buy alerts are in profit, up 199% on average vs 141% for the S&P 500 over the same windows (typical alert +84% vs +110%).
See every alert, losers included • Simulated, past results do not predict future results
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Or explore current drawdowns:
CM Price History and Drawdown Data
Latest price
$115.80
High-water mark
$122.92
Current drawdown
-5.8%
Days in drawdown
89
What History Says About CM
Canadian Imperial Bank of Commerce has dropped 20%+ from its high 7 times in its tracked history. These events lasted an average of 895 days with an average max drop of -45.8%.
The current drawdown of -5.8% has lasted 89 days, which is within the typical range for comparable events.
| Period | Max Drop | Duration |
|---|---|---|
| Nov 2007 to Jan 2013 | -71.8% | 1891 days |
| Apr 1998 to Feb 2001 | -58.5% | 1022 days |
| Jan 2018 to Dec 2020 | -48.5% | 1062 days |
| Jan 2022 to Aug 2024 | -41.9% | 953 days |
| Apr 2002 to May 2003 | -39.8% | 388 days |
| Sep 2014 to Jan 2017 | -36.3% | 861 days |
Past Strong Buy alerts for CM
Simulated from our published thresholds, one alert per drawdown episode. Prices through Nov 14, 2026. Past results do not predict future results.
| Alert date | Level | Price at alert | Return to date | S&P 500, same window | vs S&P 500 |
|---|---|---|---|---|---|
| Dec 19, 2022 | Strong Buy | $33.64 | +244% | +106% | Beat |
| Mar 12, 2020 | Strong Buy | $19.37 | +498% | +231% | Beat |
| Jan 20, 2016 | Strong Buy | $17.61 | +558% | +378% | Beat |
Put CM on your shopping list
We stay quiet on normal days. One free email on the rare day Canadian Imperial Bank of Commerce falls further than it almost ever falls — the day that may be worth your attention.
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Stocks in a similar drawdown
These are the tracked stocks and ETFs whose current drawdown from their prior high is closest to CM's. Percentages are each one's current drawdown. This is a comparison list, not a recommendation.
- MCOMoody's Corporation-5.8% current drawdown
- PMPhilip Morris International Inc.-5.8% current drawdown
- MSFTMicrosoft Corporation-5.7% current drawdown
- ETREntergy Corporation-5.7% current drawdown
- CLColgate-Palmolive Company-5.7% current drawdown
- WSMWilliams-Sonoma, Inc.-5.9% current drawdown
Stocks that usually fall about as much as CM
Ranked by the average size of each one's declines from a high over its tracked history. CM's average is 3.9%. This is a comparison list, not a recommendation.
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Definition, formula, and real examples
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How this asset's decline compares with the deepest in the tracked record
S&P 500 Drawdown History
Every major index decline with depth, duration, and recovery
Understanding Severity Scores
How our scoring compares to maximum drawdown
Our Methodology
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The Drawdown Severity Score
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About this data
- Source
- Adjusted daily closing prices from Yahoo Finance, so splits and dividends don't show up as drops.
- Coverage
- Dec 10, 1997 to Nov 13, 2026, about 29 years. 211 declines from a high recorded for CM.
- Updated
- After each U.S. trading day closes. This page shows the close of Nov 13, 2026.
- How it's calculated
- A drawdown runs from a closing high to the next new high. See the methodology and how the Severity Score works.
Published by DrawdownAlerts. Historical facts only, not investment advice.