Sumitomo Mitsui Trust Stock Probability of Future Pink Sheet Price Finishing Under 24.91
| CMTDF Stock | USD 21.95 3.75 14.59% |
Sumitomo |
Sumitomo Mitsui Target Price Odds to finish below 24.91
The tendency of Sumitomo Pink Sheet price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under $ 24.91 after 90 days |
| 21.95 | 90 days | 24.91 | about 92.42 |
Based on a normal probability distribution, the odds of Sumitomo Mitsui to stay under $ 24.91 after 90 days from now is about 92.42 (This Sumitomo Mitsui Trust probability density function shows the probability of Sumitomo Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Sumitomo Mitsui Trust price to stay between its current price of $ 21.95 and $ 24.91 at the end of the 90-day period is about 82.4 .
Assuming the 90 days horizon Sumitomo Mitsui has a beta of 0.41 suggesting as returns on the market go up, Sumitomo Mitsui average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Sumitomo Mitsui Trust will be expected to be much smaller as well. Additionally Sumitomo Mitsui Trust has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Sumitomo Mitsui Price Density |
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Predictive Modules for Sumitomo Mitsui
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sumitomo Mitsui Trust. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sumitomo Mitsui's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Sumitomo Mitsui Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sumitomo Mitsui is not an exception. The market had few large corrections towards the Sumitomo Mitsui's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Sumitomo Mitsui Trust, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sumitomo Mitsui within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.13 | |
β | Beta against Dow Jones | 0.41 | |
σ | Overall volatility | 1.09 | |
Ir | Information ratio | -0.04 |
Sumitomo Mitsui Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Sumitomo Mitsui for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sumitomo Mitsui Trust can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sumitomo Mitsui generated a negative expected return over the last 90 days | |
| Sumitomo Mitsui has high historical volatility and very poor performance |
Sumitomo Mitsui Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Sumitomo Pink Sheet often depends not only on the future outlook of the current and potential Sumitomo Mitsui's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Sumitomo Mitsui's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 374.6 M |
Sumitomo Mitsui Technical Analysis
Sumitomo Mitsui's future price can be derived by breaking down and analyzing its technical indicators over time. Sumitomo Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sumitomo Mitsui Trust. In general, you should focus on analyzing Sumitomo Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Sumitomo Mitsui Predictive Forecast Models
Sumitomo Mitsui's time-series forecasting models is one of many Sumitomo Mitsui's pink sheet analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are 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. This non-stationary Sumitomo Mitsui'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Sumitomo Mitsui Trust
Checking the ongoing alerts about Sumitomo Mitsui for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sumitomo Mitsui Trust help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sumitomo Mitsui generated a negative expected return over the last 90 days | |
| Sumitomo Mitsui has high historical volatility and very poor performance |
Other Information on Investing in Sumitomo Pink Sheet
Sumitomo Mitsui 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 Mitsui security.