Sumitomo Mitsui Financial Stock Alpha and Beta Analysis
| SMFG Stock | USD 14.06 0.09 0.64% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Sumitomo Mitsui Financial. It also helps investors analyze the systematic and unsystematic risks associated with investing in Sumitomo Mitsui over a specified time horizon. Remember, high Sumitomo Mitsui's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Sumitomo Mitsui's market risk premium analysis include:
Beta 1.2 | Alpha (0.06) | Risk 1.99 | Sharpe Ratio 0.025 | Expected Return 0.0499 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Sumitomo |
Sumitomo Mitsui Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Sumitomo Mitsui market risk premium is the additional return an investor will receive from holding Sumitomo Mitsui long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Sumitomo Mitsui. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Sumitomo Mitsui's performance over market.| α | -0.06 | β | 1.20 |
Sumitomo Mitsui expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Sumitomo Mitsui's Buy-and-hold return. Our buy-and-hold chart shows how Sumitomo Mitsui performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Sumitomo Mitsui Market Price Analysis
Market price analysis indicators help investors to evaluate how Sumitomo Mitsui stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sumitomo Mitsui shares will generate the highest return on investment. By understating and applying Sumitomo Mitsui stock market price indicators, traders can identify Sumitomo Mitsui position entry and exit signals to maximize returns.
Sumitomo Mitsui Return and Market Media
The median price of Sumitomo Mitsui for the period between Fri, Aug 23, 2024 and Thu, Nov 21, 2024 is 12.9 with a coefficient of variation of 4.11. The daily time series for the period is distributed with a sample standard deviation of 0.54, arithmetic mean of 13.05, and mean deviation of 0.44. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Mitsui Trust Bank Dismisses Employee Over Insider Trading Allegations | 11/01/2024 |
2 | Kenorland Reports 26.67 gt over 3.30m at the Frotet Project, Quebec | 11/06/2024 |
3 | Vietnam Tech Champion Accelerates AI Push With Japan Expansion | 11/13/2024 |
4 | Japanese Banks Increase Profit Forecasts Amid Rising Interest Rates | 11/14/2024 |
5 | Sumitomo Metal Mining Co., Ltd. Just Beat EPS By 20 percent Heres What Analysts Think Will Happen Next | 11/15/2024 |
6 | Sumitomo Forestry Co., Ltd. Looks Inexpensive But Perhaps Not Attractive Enough | 11/18/2024 |
7 | New fluorite project emerges in the NT | 11/20/2024 |
About Sumitomo Mitsui Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Sumitomo or other stocks. Alpha measures the amount that position in Sumitomo Mitsui Financial has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0432 | 0.0515 | 0.0541 | Price To Sales Ratio | 2.03 | 1.98 | 2.29 |
Sumitomo Mitsui Upcoming Company Events
As portrayed in its financial statements, the presentation of Sumitomo Mitsui's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Sumitomo Mitsui's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Sumitomo Mitsui's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Sumitomo Mitsui. Please utilize our Beneish M Score to check the likelihood of Sumitomo Mitsui's management manipulating its earnings.
| 29th of January 2024 Upcoming Quarterly Report | View | |
| 20th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 20th of May 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of March 2023 Last Financial Announcement | View |
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Check out Sumitomo Mitsui Backtesting, Sumitomo Mitsui Valuation, Sumitomo Mitsui Correlation, Sumitomo Mitsui Hype Analysis, Sumitomo Mitsui Volatility, Sumitomo Mitsui History and analyze Sumitomo Mitsui Performance. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Sumitomo Mitsui 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.