Sumitomo Stock Analysis

Sumitomo Pink Sheet Analysis Notes

About 40.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.73. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Sumitomo last dividend was issued on the 30th of March 2023. 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.The quote for Sumitomo is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To find out more about Sumitomo contact Kuniharu Nakamura at 81 3 6285 5000 or learn more at https://www.sumitomocorp.com.

Sumitomo Investment Alerts

Sumitomo Market Capitalization

The company currently falls under 'Large-Cap' category with a current market capitalization of 22.7 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Sumitomo's market, we take the total number of its shares issued and multiply it by Sumitomo's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Sumitomo Profitablity

The company has Profit Margin (PM) of 0.09 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.06 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.06.

Technical Drivers

As of the 2nd of December, Sumitomo has the Variance of 7.0, risk adjusted performance of (0.02), and Coefficient Of Variation of (3,022). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sumitomo, as well as the relationship between them. Please validate Sumitomo information ratio and skewness to decide if Sumitomo is priced more or less accurately, providing market reflects its prevalent price of 21.73 per share. Given that Sumitomo has information ratio of (0.09), we advise you to double-check Sumitomo's current market performance to make sure the company can sustain itself at a future point.

Sumitomo Price Movement Analysis

Sumitomo Predictive Daily Indicators

Sumitomo Forecast Models

Sumitomo's time-series forecasting models are one of many Sumitomo's pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Sumitomo's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Sumitomo prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Sumitomo shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Sumitomo. By using and applying Sumitomo Pink Sheet analysis, traders can create a robust methodology for identifying Sumitomo entry and exit points for their positions.

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