(CMR) iShares Premium Money - Ratings and Ratios
Canadian Cash, Short-Term Securities
Description: CMR iShares Premium Money
The iShares Premium Money Market Common Class (CMR) is an ETF designed to provide liquidity and preserve capital, tracking the Morningstar CAD O/N Cash GR CAD Index. As a Canadian Money Market ETF, it invests in high-quality, short-term debt securities, aiming to maintain a stable net asset value.
With a strong backing from BlackRock, one of the worlds largest asset managers, CMR offers a reliable investment solution for those seeking low-risk, short-term investment options. The funds underlying index is designed to measure the performance of Canadian dollar-denominated overnight cash rates, providing a benchmark for the Canadian money market.
Analyzing the available data, we can infer that CMR has demonstrated stability, with a minimal average true range (ATR) of 0.02, equivalent to 0.03%. This suggests that the funds price movements are relatively muted, aligning with its objective of preserving capital. The funds Assets Under Management (AUM) stand at approximately CAD 1835.31 million, indicating a substantial investor base.
Based on the technical data, the short-term moving averages (SMA20 and SMA50) are above the long-term SMA200, indicating a positive trend. The last price is near the 52-week high, suggesting that the fund is currently trading at a relatively strong level. Considering the fundamental data, the AUM and the funds structure suggest a stable and liquid investment.
Forecasting the future performance of CMR, we can expect the fund to continue its stable trajectory, driven by its underlying index and the overall Canadian money market conditions. Given the current interest rate environment and the funds investment objectives, it is likely that CMR will maintain its current price level, potentially edging higher in line with the gradual changes in overnight cash rates. A potential target price could be around CAD 50.15, based on the current trend and the SMA20. However, this forecast is subject to change based on future market conditions and monetary policy decisions.
Additional Sources for CMR ETF
CMR ETF Overview
| Market Cap in USD | 1,341m |
| Category | Canadian Money Market |
| IPO / Inception | 2008-02-19 |
CMR ETF Ratings
| Growth Rating | 53.1 |
| Fundamental | - |
| Dividend Rating | 61.8 |
| Rel. Strength | -8.19 |
| Analysts | - |
| Fair Price Momentum | 50.26 CAD |
| Fair Price DCF | - |
CMR Dividends
| Dividend Yield 12m | 3.65% |
| Yield on Cost 5y | 4.10% |
| Annual Growth 5y | 57.31% |
| Payout Consistency | 75.7% |
| Payout Ratio | % |
CMR Growth Ratios
| Growth Correlation 3m | 99.9% |
| Growth Correlation 12m | 100% |
| Growth Correlation 5y | 98% |
| CAGR 5y | 2.53% |
| CAGR/Max DD 5y | 0.00 |
| Sharpe Ratio 12m | 3.27 |
| Alpha | -0.68 |
| Beta | 0.003 |
| Volatility | 0.75% |
| Current Volume | 63.3k |
| Average Volume 20d | 81.5k |
| Stop Loss | 48.6 (-3%) |
As of July 16, 2025, the stock is trading at CAD 50.08 with a total of 63,271 shares traded.
Over the past week, the price has changed by +0.06%, over one month by +0.22%, over three months by +0.69% and over the past year by +3.56%.
Partly, yes. Based on ValueRay´s Analyses, iShares Premium Money (TO:CMR) is currently (July 2025) ok to buy, but has to be watched. It has a Growth Technical Rating of 53.05 and therefor an somewhat technical positive rating according to historical growth.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of CMR is around 50.26 CAD . This means that CMR is currently overvalued and has a potential downside of 0.36%.
iShares Premium Money has no consensus analysts rating.
According to our own proprietary Forecast Model, CMR iShares Premium Money will be worth about 54.3 in July 2026. The stock is currently trading at 50.08. This means that the stock has a potential upside of +8.39%.
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 54.3 | 8.4% |