Sumitomo Metal Mining Stock Market Value
| STMNF Stock | USD 41.85 10.55 33.71% |
| Symbol | Sumitomo |
Sumitomo Metal 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Sumitomo Metal's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Sumitomo Metal.
| 10/04/2025 |
| 01/02/2026 |
If you would invest 0.00 in Sumitomo Metal on October 4, 2025 and sell it all today you would earn a total of 0.00 from holding Sumitomo Metal Mining or generate 0.0% return on investment in Sumitomo Metal over 90 days. Sumitomo Metal is related to or competes with South32, Lynas Rare, Lynas Rare, Svenska Cellulosa, Brenntag, IMCD NV, and Yara International. Sumitomo Metal Mining Co., Ltd., together with its subsidiaries, engages in mining, smelting, and refining non-ferrous m... More
Sumitomo Metal Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Sumitomo Metal's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Sumitomo Metal Mining upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1439 | |||
| Maximum Drawdown | 55.27 |
Sumitomo Metal Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sumitomo Metal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sumitomo Metal's standard deviation. In reality, there are many statistical measures that can use Sumitomo Metal historical prices to predict the future Sumitomo Metal's volatility.| Risk Adjusted Performance | 0.1162 | |||
| Jensen Alpha | 1.11 | |||
| Total Risk Alpha | 0.6032 | |||
| Treynor Ratio | 18.17 |
Sumitomo Metal Mining Backtested Returns
Sumitomo Metal is not too volatile given 3 months investment horizon. Sumitomo Metal Mining owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had a 0.16 % return per unit of risk over the last 3 months. We were able to interpolate nineteen different technical indicators, which can help you to evaluate if expected returns of 1.19% are justified by taking the suggested risk. Use Sumitomo Metal Mining Risk Adjusted Performance of 0.1162, variance of 54.57, and Coefficient Of Variation of 658.46 to evaluate company specific risk that cannot be diversified away. Sumitomo Metal holds a performance score of 12 on a scale of zero to a hundred. The entity has a beta of 0.0612, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sumitomo Metal's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sumitomo Metal is expected to be smaller as well. Use Sumitomo Metal Mining information ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to analyze future returns on Sumitomo Metal Mining.
Auto-correlation | 0.13 |
Insignificant predictability
Sumitomo Metal Mining has insignificant predictability. Overlapping area represents the amount of predictability between Sumitomo Metal time series from 4th of October 2025 to 18th of November 2025 and 18th of November 2025 to 2nd of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Sumitomo Metal Mining price movement. The serial correlation of 0.13 indicates that less than 13.0% of current Sumitomo Metal price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | 0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 12.27 |
Sumitomo Metal Mining lagged returns against current returns
Autocorrelation, which is Sumitomo Metal pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Sumitomo Metal's pink sheet expected returns. We can calculate the autocorrelation of Sumitomo Metal returns to help us make a trade decision. For example, suppose you find that Sumitomo Metal has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Sumitomo Metal regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Sumitomo Metal pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sumitomo Metal pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sumitomo Metal pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Sumitomo Metal Lagged Returns
When evaluating Sumitomo Metal's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sumitomo Metal pink sheet have on its future price. Sumitomo Metal autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Sumitomo Metal autocorrelation shows the relationship between Sumitomo Metal pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Sumitomo Metal Mining.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Sumitomo Pink Sheet
Sumitomo Metal financial ratios help investors to determine whether Sumitomo Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Sumitomo with respect to the benefits of owning Sumitomo Metal security.