Sumitomo Chemical (India) Price on November 29, 2024
| SUMICHEM | 515.00 21.95 4.09% |
Below is the normalized historical share price chart for Sumitomo Chemical India extending back to January 27, 2020. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Sumitomo Chemical stands at 515.00, as last reported on the 6th of January, with the highest price reaching 536.90 and the lowest price hitting 512.20 during the day.
If you're considering investing in Sumitomo Stock, it is important to understand the factors that can impact its price. Sumitomo Chemical India owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0281, which indicates the firm had a -0.0281% return per unit of risk over the last 3 months. Sumitomo Chemical India exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sumitomo Chemical's Risk Adjusted Performance of (0.0004), variance of 6.57, and Coefficient Of Variation of (11,160) to confirm the risk estimate we provide.
The current year's Other Stockholder Equity is expected to grow to about 20.6 B, whereas Total Stockholder Equity is forecasted to decline to about 15.3 B. . Sumitomo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 499.7025 | 50 Day MA 537 | Beta 0.418 |
Sumitomo |
Sharpe Ratio = -0.0281
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| Negative Returns | SUMICHEM |
Estimated Market Risk
| 2.49 actual daily | 22 78% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 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.
Price Book 9.8771 | Enterprise Value Ebitda 35.3668 | Price Sales 8.6259 | Shares Float 122.7 M | Wall Street Target Price 581.6667 |
Sumitomo Chemical Main Headline on 29th of November 2024
Sumitomo Chemical Indias Stock Shows Impressive Growth, Outp... by news.google.com
Sumitomo Chemical Indias Stock Shows Impressive Growth, Outperforms Sector and Sensex. MarketsMojo
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 536.7 at the beginning of the trading date compared to the closed value of 551.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sumitomo Chemical stock. 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 | |
| 543.50 | 549.90 | 533.00 | 534.65 | 356,077 | |
11/29/2024 | 536.70 | 554.40 | 531.65 | 551.65 | 561,286 |
| 555.95 | 557.45 | 541.00 | 542.95 | 319,273 |
| Backtest Sumitomo Chemical | | | Sumitomo Chemical History | | | Sumitomo Chemical Valuation | Previous | Next |
Sumitomo Chemical Trading Date Momentum on November 29, 2024
| On December 02 2024 Sumitomo Chemical India was traded for 542.95 at the closing time. The highest price during the trading period was 557.45 and the lowest recorded bid was listed for 541.00 . The volume for the day was 319.3 K. This history from December 2, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 1.58% . The trading price change to the current price is 0.15% . |
Sumitomo Chemical India 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 Stock 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 India 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
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 449.2 M | 399.3 M | |
| Net Income Applicable To Common Shares | 5.8 B | 3.3 B |
Sumitomo Chemical Quarterly Net Working Capital |
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Sumitomo Chemical Stock Technical Analysis
Sumitomo Chemical technical stock 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, stock market cycles, or different charting patterns.
Price Boundaries
Sumitomo Chemical Period Price Range
Low | January 6, 2025
| High |
0.00 | 0.00 |
Sumitomo Chemical India cannot be verified against its exchange. Please verify the symbol is currently traded on National Stock Exchange of India. 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 January 6, 2025 Market Strength
Market strength indicators help investors to evaluate how Sumitomo Chemical stock 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 stock market strength indicators, traders can identify Sumitomo Chemical India 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 Stock 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 | (0.0004) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | (0.33) |
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Complementary Tools for Sumitomo Stock 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.
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