Sumitomo Electric Industries Year Ended March 31, 2023 - Marketscreener.com
SMTOF Stock | USD 16.57 0.00 0.00% |
Roughly 56% of Sumitomo Electric's investor base is looking to short. The analysis of overall sentiment of trading Sumitomo Electric Industries pink sheet suggests that many investors are alarmed at this time. The current market sentiment, together with Sumitomo Electric's historical and current headlines, can help investors time the market. In addition, many technical investors use Sumitomo Electric stock news signals to limit their universe of possible portfolio assets.
Sumitomo Electric pink sheet news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Sumitomo daily returns and investor perception about the current price of Sumitomo Electric Industries as well as its diversification or hedging effects on your existing portfolios.
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Sumitomo Electric Industries Year Ended March 31, 2023 Marketscreener.com
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Sumitomo Electric Fundamental Analysis
We analyze Sumitomo Electric's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sumitomo Electric using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sumitomo Electric based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Revenue
Revenue Comparative Analysis
Sumitomo Electric is currently under evaluation in revenue category among its peers. Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Sumitomo Electric Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Sumitomo Electric pink sheet to make a market-neutral strategy. Peer analysis of Sumitomo Electric could also be used in its relative valuation, which is a method of valuing Sumitomo Electric by comparing valuation metrics with similar companies.
Peers
Sumitomo Electric Related Equities
MRT | Marti Technologies | 2.06 | ||||
IPGP | IPG Photonics | 0.23 | ||||
MCHP | Microchip Technology | 0.79 | ||||
ADI | Analog Devices | 0.86 | ||||
TSM | Taiwan Semiconductor | 1.44 | ||||
TSEM | Tower Semiconductor | 1.64 | ||||
MTX | Minerals Technologies | 2.49 |
Complementary Tools for Sumitomo Pink Sheet analysis
When running Sumitomo Electric's price analysis, check to measure Sumitomo Electric'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 Electric is operating at the current time. Most of Sumitomo Electric's value examination focuses on studying past and present price action to predict the probability of Sumitomo Electric'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 Electric's price. Additionally, you may evaluate how the addition of Sumitomo Electric to your portfolios can decrease your overall portfolio volatility.
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