Sumitomo Chemical (Germany) Price History

SMM Stock  EUR 2.16  0.02  0.92%   
If you're considering investing in Sumitomo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sumitomo Chemical stands at 2.16, as last reported on the 23rd of November, with the highest price reaching 2.16 and the lowest price hitting 2.16 during the day. Sumitomo Chemical owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0705, which indicates the firm had a -0.0705% return per unit of risk over the last 3 months. Sumitomo Chemical exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sumitomo Chemical's Variance of 7.88, coefficient of variation of (1,646), and Risk Adjusted Performance of (0.04) to confirm the risk estimate we provide.
  
Sumitomo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0705

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Estimated Market Risk

 2.81
  actual daily
25
75% of assets are more volatile

Expected Return

 -0.2
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average Sumitomo Chemical 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 Chemical by adding Sumitomo Chemical to a well-diversified portfolio.

Sumitomo Chemical Stock Price History Chart

There are several ways to analyze Sumitomo Stock price data. The simplest method is using a basic Sumitomo candlestick price chart, which shows Sumitomo Chemical price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceOctober 17, 20242.7
Lowest PriceNovember 20, 20242.16

Sumitomo Chemical November 23, 2024 Stock Price Synopsis

Various analyses of Sumitomo Chemical's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Sumitomo Stock. It can be used to describe the percentage change in the price of Sumitomo Chemical from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Sumitomo Stock.
Sumitomo Chemical Price Rate Of Daily Change 0.99 
Sumitomo Chemical Price Action Indicator(0.01)

Sumitomo Chemical November 23, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Sumitomo Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Sumitomo Chemical intraday prices and daily technical indicators to check the level of noise trading in Sumitomo Stock and then apply it to test your longer-term investment strategies against Sumitomo.

Sumitomo Stock Price History Data

The price series of Sumitomo Chemical for the period between Sun, Aug 25, 2024 and Sat, Nov 23, 2024 has a statistical range of 0.54 with a coefficient of variation of 5.12. The price distribution for the period has arithmetic mean of 2.41. The median price for the last 90 days is 2.42. The company had dividends distributed to its stock-holders on 2023-03-30.
OpenHighLowCloseVolume
11/23/2024
 2.16  2.16  2.16  2.16 
11/21/2024 2.18  2.18  2.18  2.18  1.00 
11/20/2024 2.16  2.16  2.16  2.16  1.00 
11/19/2024 2.20  2.20  2.20  2.20  1.00 
11/18/2024 2.20  2.20  2.18  2.18  1.00 
11/15/2024 2.18  2.20  2.18  2.20  1.00 
11/14/2024 2.20  2.20  2.20  2.20  1.00 
11/13/2024 2.24  2.24  2.24  2.24  1.00 
11/12/2024 2.26  2.26  2.26  2.26  1.00 
11/11/2024 2.26  2.26  2.26  2.26  1.00 
11/08/2024 2.28  2.30  2.28  2.28  1.00 
11/07/2024 2.32  2.32  2.32  2.32  1.00 
11/06/2024 2.28  2.28  2.26  2.26  1.00 
11/05/2024 2.26  2.26  2.26  2.26  1.00 
11/04/2024 2.24  2.24  2.24  2.24  1.00 
11/01/2024 2.24  2.24  2.24  2.24  30.00 
10/31/2024 2.34  2.34  2.32  2.32  30.00 
10/30/2024 2.34  2.34  2.32  2.32  30.00 
10/29/2024 2.34  2.34  2.34  2.34  30.00 
10/28/2024 2.28  2.28  2.28  2.28  30.00 
10/25/2024 2.30  2.30  2.30  2.30  30.00 
10/24/2024 2.32  2.32  2.32  2.32  30.00 
10/23/2024 2.32  2.32  2.30  2.30  30.00 
10/22/2024 2.34  2.36  2.34  2.36  30.00 
10/21/2024 2.38  2.38  2.36  2.36  30.00 
10/18/2024 2.40  2.40  2.40  2.40  30.00 
10/17/2024 2.40  2.70  2.40  2.70  30.00 
10/16/2024 2.40  2.40  2.40  2.40  1,909 
10/15/2024 2.46  2.46  2.44  2.44  300.00 
10/14/2024 2.42  2.42  2.42  2.42  1,909 
10/11/2024 2.44  2.44  2.42  2.42  300.00 
10/10/2024 2.42  2.42  2.42  2.42  300.00 
10/09/2024 2.40  2.52  2.40  2.52  1,909 
10/08/2024 2.46  2.60  2.46  2.60  1,909 
10/07/2024 2.44  2.52  2.44  2.52  300.00 
10/04/2024 2.46  2.56  2.46  2.56  1.00 
10/03/2024 2.44  2.52  2.44  2.52  1.00 
10/02/2024 2.42  2.52  2.42  2.52  1.00 
10/01/2024 2.44  2.56  2.44  2.56  1.00 
09/30/2024 2.42  2.52  2.40  2.52  1.00 
09/27/2024 2.56  2.56  2.46  2.46  10.00 
09/26/2024 2.52  2.54  2.52  2.54  1.00 
09/25/2024 2.48  2.52  2.48  2.52  300.00 
09/24/2024 2.48  2.50  2.48  2.50  300.00 
09/23/2024 2.50  2.52  2.50  2.50  300.00 
09/20/2024 2.50  2.52  2.50  2.50  1,909 
09/19/2024 2.50  2.50  2.48  2.48  300.00 
09/18/2024 2.42  2.42  2.42  2.42  1,909 
09/17/2024 2.46  2.48  2.46  2.46  300.00 
09/16/2024 2.44  2.44  2.42  2.42  1,909 
09/13/2024 2.42  2.44  2.42  2.44  300.00 
09/12/2024 2.46  2.46  2.46  2.46  300.00 
09/11/2024 2.44  2.44  2.36  2.36  300.00 
09/10/2024 2.42  2.42  2.42  2.42  1,909 
09/09/2024 2.42  2.42  2.42  2.42  1,909 
09/06/2024 2.46  2.46  2.44  2.44  1,909 
09/05/2024 2.46  2.46  2.46  2.46  1,909 
09/04/2024 2.42  2.42  2.42  2.42  1,909 
09/03/2024 2.50  2.52  2.50  2.52  1,909 
09/02/2024 2.48  2.48  2.46  2.46  1,909 
08/30/2024 2.54  2.56  2.54  2.54  1,909 

About Sumitomo Chemical Stock history

Sumitomo Chemical 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 Chemical 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 Chemical stock prices may prove useful in developing a viable investing in Sumitomo Chemical
Sumitomo Chemical Company, Limited engages in petrochemicals and plastics, energy and functional materials, IT-related, chemicals, health and crop sciences, pharmaceuticals, and other businesses worldwide. Sumitomo Chemical Company, Limited was founded in 1913 and is headquartered in Tokyo, Japan. Sumitomo Chemical operates under Chemicals classification in Germany and is traded on Frankfurt Stock Exchange. It employs 32542 people.

Sumitomo Chemical Stock Technical Analysis

Sumitomo Chemical technical stock 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, stock market cycles, or different charting patterns.
A focus of Sumitomo Chemical technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Sumitomo Chemical trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Sumitomo Chemical Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Sumitomo Chemical's price direction in advance. Along with the technical and fundamental analysis of Sumitomo Stock 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.

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When running Sumitomo Chemical's price analysis, check to measure Sumitomo Chemical'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 Chemical is operating at the current time. Most of Sumitomo Chemical's value examination focuses on studying past and present price action to predict the probability of Sumitomo Chemical'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 Chemical's price. Additionally, you may evaluate how the addition of Sumitomo Chemical to your portfolios can decrease your overall portfolio volatility.
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