Sumco Corp Adr Stock Price on November 4, 2024
SUOPY Stock | USD 17.11 0.27 1.60% |
If you're considering investing in Sumco Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Sumco Corp stands at 17.11, as last reported on the 26th of November, with the highest price reaching 17.19 and the lowest price hitting 17.11 during the day. Sumco Corp ADR owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.15, which indicates the firm had a -0.15% return per unit of risk over the last 3 months. Sumco Corp ADR exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sumco Corp's Risk Adjusted Performance of (0.12), coefficient of variation of (602.21), and Variance of 8.4 to confirm the risk estimate we provide.
Sumco Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Sumco |
Sharpe Ratio = -0.1468
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Estimated Market Risk
2.79 actual daily | 24 76% of assets are more volatile |
Expected Return
-0.41 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sumco Corp 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 Sumco Corp by adding Sumco Corp to a well-diversified portfolio.
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Sumco Corp Valuation on November 4, 2024
It is possible to determine the worth of Sumco Corp on a given historical date. On November 4, 2024 Sumco was worth 19.44 at the beginning of the trading date compared to the closed value of 18.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sumco Corp pink sheet. Still, in general, we apply an absolute valuation method to find Sumco Corp'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 Sumco Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sumco Corp's related companies.
Open | High | Low | Close | Volume | |
18.95 | 19.20 | 18.95 | 19.20 | 982.00 | |
11/04/2024 | 19.44 | 19.89 | 18.91 | 18.91 | 2,500 |
19.52 | 19.70 | 18.94 | 18.94 | 1,500 |
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Sumco Corp Trading Date Momentum on November 4, 2024
On November 05 2024 Sumco Corp ADR was traded for 18.94 at the closing time. The highest daily price throughout the period was 19.70 and the lowest price was 18.94 . The daily volume was 1.5 K. The net trading volume on 11/05/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 0.16% . The trading price change to current closing price is 10.63% . |
Sumco Corp ADR Fundamentals Correlations and Trends
By evaluating Sumco Corp'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 Sumco Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sumco financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sumco Corp Pink Sheet history
Sumco Corp 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 Sumco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sumco Corp ADR 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 Sumco Corp stock prices may prove useful in developing a viable investing in Sumco Corp
Sumco Corporation, together with its subsidiaries, manufactures and sells silicon wafers for the semiconductor industry primarily in Japan, the United States, China, Taiwan, Korea, and internationally. Sumco Corporation was incorporated in 1999 and is headquartered in Tokyo, Japan. Sumco Corp operates under Semiconductor Equipment Materials classification in the United States and is traded on OTC Exchange. It employs 8469 people.
Sumco Corp Pink Sheet Technical Analysis
Sumco Corp 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
Sumco Corp Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
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Sumco Corp November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Sumco Corp 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 Sumco Corp shares will generate the highest return on investment. By undertsting and applying Sumco Corp pink sheet market strength indicators, traders can identify Sumco Corp ADR entry and exit signals to maximize returns
Sumco Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sumco Corp's price direction in advance. Along with the technical and fundamental analysis of Sumco Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sumco 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 | (0.12) | |||
Jensen Alpha | (0.56) | |||
Total Risk Alpha | (0.95) | |||
Treynor Ratio | (0.82) |
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Additional Tools for Sumco Pink Sheet Analysis
When running Sumco Corp's price analysis, check to measure Sumco Corp'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 Sumco Corp is operating at the current time. Most of Sumco Corp's value examination focuses on studying past and present price action to predict the probability of Sumco Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sumco Corp's price. Additionally, you may evaluate how the addition of Sumco Corp to your portfolios can decrease your overall portfolio volatility.