Sumitomo Corp Net Income vs. Market Capitalization
| SSUMY Stock | USD 21.24 0.14 0.65% |
For Sumitomo Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sumitomo Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sumitomo Corp ADR utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sumitomo Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sumitomo Corp ADR over time as well as its relative position and ranking within its peers.
Sumitomo |
Sumitomo Corp ADR Market Capitalization vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Sumitomo Corp's current stock value. Our valuation model uses many indicators to compare Sumitomo Corp value to that of its competitors to determine the firm's financial worth. Sumitomo Corp ADR is rated fifth in net income category among its peers. It is rated below average in market capitalization category among its peers creating about 0.05 of Market Capitalization per Net Income. The ratio of Net Income to Market Capitalization for Sumitomo Corp ADR is roughly 20.66 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Sumitomo Corp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Sumitomo Corp's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Sumitomo Market Capitalization vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Sumitomo Corp |
| = | 463.69 B |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Sumitomo Corp |
| = | 22.45 B |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Sumitomo Market Capitalization vs Competition
Sumitomo Corp ADR is rated below average in market capitalization category among its peers. Market capitalization of Conglomerates industry is at this time estimated at about 283.59 Billion. Sumitomo Corp holds roughly 22.45 Billion in market capitalization claiming about 8% of stocks in Conglomerates industry.
Sumitomo Corp Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Sumitomo Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Sumitomo Corp will eventually generate negative long term returns. The profitability progress is the general direction of Sumitomo Corp's change in net profit over the period of time. It can combine multiple indicators of Sumitomo Corp, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Sumitomo Corporation engages in general trading business worldwide. The company was incorporated in 1919 and is headquartered in Tokyo, Japan. Sumitomo Corp is traded on OTC Exchange in the United States.
Sumitomo Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Sumitomo Corp. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Sumitomo Corp position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Sumitomo Corp's important profitability drivers and their relationship over time.
Use Sumitomo Corp in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sumitomo Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sumitomo Corp will appreciate offsetting losses from the drop in the long position's value.Sumitomo Corp Pair Trading
Sumitomo Corp ADR Pair Trading Analysis
The ability to find closely correlated positions to Sumitomo Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sumitomo Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sumitomo Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sumitomo Corp ADR to buy it.
The correlation of Sumitomo Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sumitomo Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sumitomo Corp ADR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sumitomo Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Sumitomo Corp position
In addition to having Sumitomo Corp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Additional Tools for Sumitomo Pink Sheet Analysis
When running Sumitomo Corp's price analysis, check to measure Sumitomo 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 Sumitomo Corp is operating at the current time. Most of Sumitomo Corp's value examination focuses on studying past and present price action to predict the probability of Sumitomo 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 Sumitomo Corp's price. Additionally, you may evaluate how the addition of Sumitomo Corp to your portfolios can decrease your overall portfolio volatility.