Sumitomo Chemical Co Stock Price on November 29, 2024
SOMMY Stock | USD 11.80 0.08 0.68% |
If you're considering investing in Sumitomo Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Sumitomo Chemical stands at 11.80, as last reported on the 11th of December 2024, with the highest price reaching 11.80 and the lowest price hitting 11.80 during the day. Sumitomo Chemical owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.14, which indicates the firm had a -0.14% return per unit of risk over the last 3 months. Sumitomo Chemical Co exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sumitomo Chemical's Coefficient Of Variation of (740.39), variance of 2.57, and Risk Adjusted Performance of (0.09) to confirm the risk estimate we provide.
Sumitomo Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Sumitomo |
Sharpe Ratio = -0.1399
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Estimated Market Risk
1.62 actual daily | 14 86% of assets are more volatile |
Expected Return
-0.23 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.14 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 Valuation on November 29, 2024
It is possible to determine the worth of Sumitomo Chemical on a given historical date. On November 29, 2024 Sumitomo was worth 11.66 at the beginning of the trading date compared to the closed value of 12.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sumitomo Chemical pink sheet. Still, in general, we apply an absolute valuation method to find Sumitomo Chemical's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Sumitomo Chemical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sumitomo Chemical's related companies.
Open | High | Low | Close | Volume | |
11.73 | 12.00 | 11.73 | 11.98 | 2,000 | |
11/29/2024 | 11.66 | 12.05 | 11.66 | 12.05 | 4,500 |
12.35 | 12.35 | 12.30 | 12.33 | 10,100 |
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Sumitomo Chemical Trading Date Momentum on November 29, 2024
On December 02 2024 Sumitomo Chemical Co was traded for 12.33 at the closing time. The highest daily price throughout the period was 12.35 and the lowest price was 12.30 . The daily volume was 10.1 K. The net trading volume on 12/02/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 2.32% . The trading price change to current closing price is 0.41% . |
Sumitomo Chemical Fundamentals Correlations and Trends
By evaluating Sumitomo Chemical's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Sumitomo Chemical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sumitomo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sumitomo Chemical Pink Sheet 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 Chemicals 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 the United States and is traded on OTC Exchange. It employs 34703 people.
Sumitomo Chemical Pink Sheet Technical Analysis
Sumitomo Chemical technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Sumitomo Chemical Period Price Range
Low | December 11, 2024
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0.00 | 0.00 |
Sumitomo Chemical Co cannot be verified against its exchange. Please verify the symbol is currently traded on PINK Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Sumitomo Chemical December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Sumitomo Chemical 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 Chemical shares will generate the highest return on investment. By undertsting and applying Sumitomo Chemical pink sheet market strength indicators, traders can identify Sumitomo Chemical Co entry and exit signals to maximize returns
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 Pink Sheet 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.
Risk Adjusted Performance | (0.09) | |||
Jensen Alpha | (0.23) | |||
Total Risk Alpha | (0.48) | |||
Treynor Ratio | (4.75) |
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Additional Tools for Sumitomo Pink Sheet Analysis
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.