Sumitomo Metal Mining Stock Alpha and Beta Analysis
| STMNF Stock | USD 27.44 0.00 0.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Sumitomo Metal Mining. It also helps investors analyze the systematic and unsystematic risks associated with investing in Sumitomo Metal over a specified time horizon. Remember, high Sumitomo Metal'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 Metal's market risk premium analysis include:
Beta (0.36) | Alpha (0.08) | Risk 2.55 | Sharpe Ratio (0.04) | Expected Return (0.11) |
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 Metal Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Sumitomo Metal market risk premium is the additional return an investor will receive from holding Sumitomo Metal 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 Metal. 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 Metal's performance over market.| α | -0.08 | β | -0.36 |
Sumitomo Metal 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 Metal's Buy-and-hold return. Our buy-and-hold chart shows how Sumitomo Metal performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Sumitomo Metal Market Price Analysis
Market price analysis indicators help investors to evaluate how Sumitomo Metal pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sumitomo Metal shares will generate the highest return on investment. By understating and applying Sumitomo Metal pink sheet market price indicators, traders can identify Sumitomo Metal position entry and exit signals to maximize returns.
Sumitomo Metal Return and Market Media
The median price of Sumitomo Metal for the period between Mon, Aug 26, 2024 and Sun, Nov 24, 2024 is 27.44 with a coefficient of variation of 8.08. The daily time series for the period is distributed with a sample standard deviation of 2.17, arithmetic mean of 26.81, and mean deviation of 1.9. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
| Timeline |
About Sumitomo Metal 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 pink sheets. Alpha measures the amount that position in Sumitomo Metal Mining 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Sumitomo Metal in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Sumitomo Metal's short interest history, or implied volatility extrapolated from Sumitomo Metal options trading.
Build Portfolio with Sumitomo Metal
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
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.