SUMITOMO MITSUI FINANCIAL Odds of Future Bond Price Finishing Under 81.52

86562MBZ2   79.43  6.77  7.85%   
SUMITOMO's future price is the expected price of SUMITOMO instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of SUMITOMO MITSUI FINANCIAL performance during a given time horizon utilizing its historical volatility. Check out SUMITOMO Backtesting, Portfolio Optimization, SUMITOMO Correlation, SUMITOMO Hype Analysis, SUMITOMO Volatility, SUMITOMO History as well as SUMITOMO Performance.
  
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SUMITOMO Target Price Odds to finish below 81.52

The tendency of SUMITOMO Bond 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 PriceHorizonTarget PriceOdds to stay under  81.52  after 90 days
 79.43 90 days 81.52 
near 1
Based on a normal probability distribution, the odds of SUMITOMO to stay under  81.52  after 90 days from now is near 1 (This SUMITOMO MITSUI FINANCIAL probability density function shows the probability of SUMITOMO Bond to fall within a particular range of prices over 90 days) . Probability of SUMITOMO MITSUI FINANCIAL price to stay between its current price of  79.43  and  81.52  at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon SUMITOMO has a beta of 0.18. This usually implies as returns on the market go up, SUMITOMO average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SUMITOMO MITSUI FINANCIAL will be expected to be much smaller as well. Additionally SUMITOMO MITSUI FINANCIAL 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 Price Density   
       Price  

Predictive Modules for SUMITOMO

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 FINANCIAL. Regardless of method or technology, however, to accurately forecast the bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the bond 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.
Hype
Prediction
LowEstimatedHigh
78.3479.4380.52
Details
Intrinsic
Valuation
LowRealHigh
70.4071.4987.37
Details
Naive
Forecast
LowNextHigh
75.3876.4777.56
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
82.3686.0689.77
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as SUMITOMO. Your research has to be compared to or analyzed against SUMITOMO's peers to derive any actionable benefits. When done correctly, SUMITOMO's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in SUMITOMO MITSUI FINANCIAL.

SUMITOMO Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. SUMITOMO is not an exception. The market had few large corrections towards the SUMITOMO'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 FINANCIAL, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SUMITOMO within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.16
β
Beta against Dow Jones0.18
σ
Overall volatility
1.61
Ir
Information ratio -0.24

SUMITOMO 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 for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SUMITOMO MITSUI FINANCIAL 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 generated a negative expected return over the last 90 days

SUMITOMO Technical Analysis

SUMITOMO's future price can be derived by breaking down and analyzing its technical indicators over time. SUMITOMO Bond technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SUMITOMO MITSUI FINANCIAL. In general, you should focus on analyzing SUMITOMO Bond price patterns and their correlations with different microeconomic environments and drivers.

SUMITOMO Predictive Forecast Models

SUMITOMO's time-series forecasting models is one of many SUMITOMO's bond 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'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 bond market movement and maximize returns from investment trading.

Things to note about SUMITOMO MITSUI FINANCIAL

Checking the ongoing alerts about SUMITOMO for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SUMITOMO MITSUI FINANCIAL help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
SUMITOMO generated a negative expected return over the last 90 days

Other Information on Investing in SUMITOMO Bond

SUMITOMO financial ratios help investors to determine whether SUMITOMO Bond 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 security.