Sumitomo Mitsui (Brazil) Probability of Future Stock Price Finishing Under 35.95
| S1MF34 Stock | BRL 84.12 1.00 1.20% |
Sumitomo |
Sumitomo Mitsui Target Price Odds to finish below 35.95
The tendency of Sumitomo Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to R$ 35.95 or more in 90 days |
| 84.12 | 90 days | 35.95 | near 1 |
Based on a normal probability distribution, the odds of Sumitomo Mitsui to drop to R$ 35.95 or more in 90 days from now is near 1 (This Sumitomo Mitsui Financial probability density function shows the probability of Sumitomo Stock to fall within a particular range of prices over 90 days) . Probability of Sumitomo Mitsui Financial price to stay between R$ 35.95 and its current price of R$84.12 at the end of the 90-day period is about 99.0 .
Assuming the 90 days trading horizon Sumitomo Mitsui Financial has a beta of -0.0118. This usually implies as returns on the benchmark increase, returns on holding Sumitomo Mitsui are expected to decrease at a much lower rate. During a bear market, however, Sumitomo Mitsui Financial is likely to outperform the market. Additionally Sumitomo Mitsui Financial has an alpha of 0.1953, implying that it can generate a 0.2 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Sumitomo Mitsui Price Density |
| Price |
Predictive Modules for Sumitomo Mitsui
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sumitomo Mitsui Financial. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sumitomo Mitsui Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sumitomo Mitsui is not an exception. The market had few large corrections towards the Sumitomo Mitsui's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Sumitomo Mitsui Financial, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sumitomo Mitsui within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.20 | |
β | Beta against Dow Jones | -0.01 | |
σ | Overall volatility | 4.43 | |
Ir | Information ratio | 0.04 |
Sumitomo Mitsui Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Sumitomo Mitsui for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sumitomo Mitsui Financial can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sumitomo Mitsui generates negative cash flow from operations |
Sumitomo Mitsui Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Sumitomo Stock often depends not only on the future outlook of the current and potential Sumitomo Mitsui's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Sumitomo Mitsui's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.4 B |
Sumitomo Mitsui Technical Analysis
Sumitomo Mitsui's future price can be derived by breaking down and analyzing its technical indicators over time. Sumitomo Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sumitomo Mitsui Financial. In general, you should focus on analyzing Sumitomo Stock price patterns and their correlations with different microeconomic environments and drivers.
Sumitomo Mitsui Predictive Forecast Models
Sumitomo Mitsui's time-series forecasting models is one of many Sumitomo Mitsui's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Sumitomo Mitsui's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Sumitomo Mitsui Financial
Checking the ongoing alerts about Sumitomo Mitsui for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sumitomo Mitsui Financial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sumitomo Mitsui generates negative cash flow from operations |
Additional Information and Resources on Investing in Sumitomo Stock
When determining whether Sumitomo Mitsui Financial is a strong investment it is important to analyze Sumitomo Mitsui's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sumitomo Mitsui's future performance. For an informed investment choice regarding Sumitomo Stock, refer to the following important reports:Check out Sumitomo Mitsui Backtesting, Sumitomo Mitsui Valuation, Sumitomo Mitsui Correlation, Sumitomo Mitsui Hype Analysis, Sumitomo Mitsui Volatility, Sumitomo Mitsui History as well as Sumitomo Mitsui Performance. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.