Sumitomo Mitsui (Brazil) Market Value
| S1MF34 Stock | BRL 90.72 3.96 4.56% |
| Symbol | Sumitomo |
Sumitomo Mitsui 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Sumitomo Mitsui's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Sumitomo Mitsui.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Sumitomo Mitsui on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Sumitomo Mitsui Financial or generate 0.0% return on investment in Sumitomo Mitsui over 90 days. Sumitomo Mitsui is related to or competes with Telecomunicaes Brasileiras, Roper Technologies,, Cognizant Technology, Zoom Video, and Nordon Indstrias. More
Sumitomo Mitsui Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Sumitomo Mitsui's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Sumitomo Mitsui Financial upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.27 | |||
| Information Ratio | 0.0665 | |||
| Maximum Drawdown | 9.35 | |||
| Value At Risk | (3.09) | |||
| Potential Upside | 3.11 |
Sumitomo Mitsui Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sumitomo Mitsui's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sumitomo Mitsui's standard deviation. In reality, there are many statistical measures that can use Sumitomo Mitsui historical prices to predict the future Sumitomo Mitsui's volatility.| Risk Adjusted Performance | 0.0111 | |||
| Jensen Alpha | 0.0367 | |||
| Total Risk Alpha | 0.2114 | |||
| Sortino Ratio | 0.049 | |||
| Treynor Ratio | 0.0068 |
Sumitomo Mitsui Financial Backtested Returns
At this point, Sumitomo Mitsui is very steady. Sumitomo Mitsui Financial owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0133, which indicates the firm had a 0.0133 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Sumitomo Mitsui Financial, which you can use to evaluate the volatility of the company. Please validate Sumitomo Mitsui's Coefficient Of Variation of 13760.86, semi deviation of 1.21, and Risk Adjusted Performance of 0.0111 to confirm if the risk estimate we provide is consistent with the expected return of 0.0233%. Sumitomo Mitsui has a performance score of 1 on a scale of 0 to 100. The entity has a beta of 0.32, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sumitomo Mitsui's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sumitomo Mitsui is expected to be smaller as well. Sumitomo Mitsui Financial right now has a risk of 1.75%. Please validate Sumitomo Mitsui jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to decide if Sumitomo Mitsui will be following its existing price patterns.
Auto-correlation | -0.24 |
Weak reverse predictability
Sumitomo Mitsui Financial has weak reverse predictability. Overlapping area represents the amount of predictability between Sumitomo Mitsui time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Sumitomo Mitsui Financial price movement. The serial correlation of -0.24 indicates that over 24.0% of current Sumitomo Mitsui price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.24 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 3.79 |
Sumitomo Mitsui Financial lagged returns against current returns
Autocorrelation, which is Sumitomo Mitsui stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Sumitomo Mitsui's stock expected returns. We can calculate the autocorrelation of Sumitomo Mitsui returns to help us make a trade decision. For example, suppose you find that Sumitomo Mitsui has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Sumitomo Mitsui regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Sumitomo Mitsui stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sumitomo Mitsui stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sumitomo Mitsui stock over time.
Current vs Lagged Prices |
| Timeline |
Sumitomo Mitsui Lagged Returns
When evaluating Sumitomo Mitsui's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sumitomo Mitsui stock have on its future price. Sumitomo Mitsui autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Sumitomo Mitsui autocorrelation shows the relationship between Sumitomo Mitsui stock current value and its past values and can show if there is a momentum factor associated with investing in Sumitomo Mitsui Financial.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in Sumitomo Stock
When determining whether Sumitomo Mitsui Financial is a strong investment it is important to analyze Sumitomo Mitsui's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sumitomo Mitsui's future performance. For an informed investment choice regarding Sumitomo Stock, refer to the following important reports:Check out Sumitomo Mitsui Correlation, Sumitomo Mitsui Volatility and Sumitomo Mitsui Alpha and Beta module to complement your research on Sumitomo Mitsui. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Sumitomo Mitsui 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.