TO · YCM.TO
New Commerce Split Fund
- Sector
- Financial Services · Asset Management
- Headquarters
- Toronto, ON M5K 1K7
- Website
- quadravest.com
Price · as of 2023-11-30
$10.70
Market cap 7.64M
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $844.09 | +7,788.69% |
| Intrinsic Value(DCF) | — | — |
| Graham-Dodd Method(GD) | — | — |
| Graham Formula(GF) | — | — |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2009 | |||||
| 2010 | $1.62 | $1,002.45 | |||
| 2011 | $0.91 | $400.71 | |||
| 2012 | $1.20 | $2,313.14 | |||
| 2013 | $1.08 | $68.63 | |||
| 2014 | $0.98 | $930.85 | |||
| 2015 | $0.81 | $2,459.78 | |||
| 2016 | $3.14 | $738.19 | |||
| 2017 | $2.46 | $39.95 | |||
| 2018 | $1.74 | $659.75 | |||
| 2019 | $1.22 | $718.22 | |||
| 2020 | $1.67 | $2,100.24 | |||
| 2021 | $4.83 | $1,991.24 | |||
| 2022 | $1.68 | $117.02 | |||
| 2023 | $1.31 | $844.09 |
AI valuation
Our deep-learning model estimates New Commerce Split Fund's (YCM.TO) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $844.09
- Current price
- $10.70
- AI upside
- +7,788.69%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
—
— upside
Graham-Dodd
—
— upside
Graham Formula
—
— upside
About New Commerce Split Fund
New Commerce Split Fund is an equity mutual fund launched and managed by Quadravest Capital Management Inc. The fund invests in the equity shares of Canadian Imperial Bank of Commerce. It was formerly known as Commerce Split Fund. New Commerce Split Fund was launched on November 27, 2006 and is domiciled in Canada.
- CEO
- Stephen Wayne Finch
- Employees
- 0
- Beta
- 0.18
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as (— ÷ $10.70) − 1 = — (DCF, example).