Sumitomo Metal Mining Stock Price on October 1, 2024
STMNF Stock | USD 27.44 0.00 0.00% |
If you're considering investing in Sumitomo Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Sumitomo Metal stands at 27.44, as last reported on the 27th of November, with the highest price reaching 27.44 and the lowest price hitting 27.44 during the day. Sumitomo Metal Mining owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0457, which indicates the firm had a -0.0457% return per unit of risk over the last 3 months. Sumitomo Metal Mining exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sumitomo Metal's Variance of 6.39, risk adjusted performance of (0.03), and Coefficient Of Variation of (2,240) to confirm the risk estimate we provide.
Sumitomo Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Sumitomo |
Sharpe Ratio = -0.0457
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Estimated Market Risk
2.59 actual daily | 23 77% of assets are more volatile |
Expected Return
-0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sumitomo Metal is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Sumitomo Metal by adding Sumitomo Metal to a well-diversified portfolio.
Related Headline
Teck Resources Headline on 1st of October 2024
Canterra Options Northern Ontario Ring of Fire Property to M... by finance.yahoo.com
Vancouver, British Columbia-- - Canterra Minerals Corporation is pleased to announce that it has entered into an Option Agreement with an Effective Date of September 17, 2024 with Teck Resources Limited , granting Teck the option to acquire a 100 percent interest in Canterras Ring of Fire property in northeastern Ontario, Canada, subject to a 1.5 percent Net Smelter ...
Sumitomo Metal Valuation on October 1, 2024
It is possible to determine the worth of Sumitomo Metal on a given historical date. On October 1, 2024 Sumitomo was worth 25.03 at the beginning of the trading date compared to the closed value of 25.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sumitomo Metal pink sheet. Still, in general, we apply an absolute valuation method to find Sumitomo Metal's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Sumitomo Metal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sumitomo Metal's related companies.
Open | High | Low | Close | Volume | |
25.03 | 25.03 | 25.03 | 25.03 | 1.00 | |
10/01/2024 | 25.03 | 25.03 | 25.03 | 25.03 | 100.00 |
25.03 | 25.03 | 25.03 | 25.03 | 1.00 |
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Sumitomo Metal Trading Date Momentum on October 1, 2024
On October 02 2024 Sumitomo Metal Mining was traded for 25.03 at the closing time. The highest daily price throughout the period was 25.03 and the lowest price was 25.03 . There was no trading activity during the period 1.0. Lack of trading volume on 10/02/2024 did not result in any price rise and fall. The trading price change to current closing price is 0.00% . |
Sumitomo Metal Mining Fundamentals Correlations and Trends
By evaluating Sumitomo Metal's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Sumitomo Metal's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sumitomo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sumitomo Metal Pink Sheet history
Sumitomo Metal investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Sumitomo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sumitomo Metal Mining will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Sumitomo Metal stock prices may prove useful in developing a viable investing in Sumitomo Metal
Sumitomo Metal Mining Co., Ltd., together with its subsidiaries, engages in mining, smelting, and refining non-ferrous metals in Japan and internationally. Sumitomo Metal Mining Co., Ltd. was founded in 1590 and is headquartered in Tokyo, Japan. Sumitomo Metal operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. It employs 7202 people.
Sumitomo Metal Pink Sheet Technical Analysis
Sumitomo Metal technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.
Price Boundaries
Sumitomo Metal Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Sumitomo Metal Mining cannot be verified against its exchange. Please verify the symbol is currently traded on PINK Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Sumitomo Metal November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Sumitomo Metal pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sumitomo Metal shares will generate the highest return on investment. By undertsting and applying Sumitomo Metal pink sheet market strength indicators, traders can identify Sumitomo Metal Mining entry and exit signals to maximize returns
Sumitomo Metal Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sumitomo Metal's price direction in advance. Along with the technical and fundamental analysis of Sumitomo Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sumitomo to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.03) | |||
Jensen Alpha | (0.08) | |||
Total Risk Alpha | (0.52) | |||
Treynor Ratio | 0.3394 |
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Volume Indicators |
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When running Sumitomo Metal's price analysis, check to measure Sumitomo Metal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sumitomo Metal is operating at the current time. Most of Sumitomo Metal's value examination focuses on studying past and present price action to predict the probability of Sumitomo Metal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sumitomo Metal's price. Additionally, you may evaluate how the addition of Sumitomo Metal to your portfolios can decrease your overall portfolio volatility.
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