Sumco Corporation Faces Challenging Nine Months in 2024 - TipRanks

SUOPY Stock  USD 16.03  0.52  3.14%   
Slightly above 62% of Sumco Corp's investor base is looking to short. The analysis of overall sentiment of trading Sumco Corp ADR pink sheet suggests that many investors are alarmed at this time. Sumco Corp's investing sentiment can be driven by a variety of factors including economic data, Sumco Corp's earnings reports, geopolitical events, and overall market trends.
  
Sumco Corporation Faces Challenging Nine Months in 2024 TipRanks

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Sumco Corp Fundamental Analysis

We analyze Sumco Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sumco Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sumco Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Price To Sales

Price To Sales Comparative Analysis

Sumco Corp is currently under evaluation in price to sales category among its peers. Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

Sumco Corp ADR Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Sumco Corp pink sheet to make a market-neutral strategy. Peer analysis of Sumco Corp could also be used in its relative valuation, which is a method of valuing Sumco Corp by comparing valuation metrics with similar companies.

Peers

Sumco Corp Related Equities

PLABPhotronics   3.02   
0%
100.0%
UCTTUltra Clean   2.73   
0%
90.0%
KLICKulicke   2.13   
0%
70.0%
ONTOOnto Innovation   1.95   
0%
64.0%
ICHRIchor Holdings   1.87   
0%
61.0%
COHUCohu   1.62   
0%
53.0%
IPGPIPG Photonics   0.96   
0%
31.0%
VECOVeeco Instruments   0.87   
0%
28.0%
ASYSAmtech Systems   0.71   
0%
23.0%
ENTGEntegris   0.64   
0%
21.0%

Additional Tools for Sumco Pink Sheet Analysis

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