Sumitomo Mitsui Financial Bond Technical Analysis
| 86562MCA6 | 95.23 2.89 2.95% |
As of the 2nd of December, SUMITOMO has the variance of 0.8024, and Risk Adjusted Performance of (0.02). Compared to fundamental indicators, the technical analysis model makes it possible for you to check available technical drivers of SUMITOMO MITSUI FINANCIAL, as well as the relationship between them.
SUMITOMO Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as SUMITOMO, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SUMITOMOSUMITOMO |
SUMITOMO technical bond 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, bond market cycles, or different charting patterns.
SUMITOMO MITSUI FINANCIAL Trend Analysis
Use this graph to draw trend lines for SUMITOMO MITSUI FINANCIAL. You can use it to identify possible trend reversals for SUMITOMO as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual SUMITOMO price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.SUMITOMO Best Fit Change Line
The following chart estimates an ordinary least squares regression model for SUMITOMO MITSUI FINANCIAL applied against its price change over selected period. The best fit line has a slop of 0.01 , which may suggest that SUMITOMO MITSUI FINANCIAL market price will keep on failing further. It has 122 observation points and a regression sum of squares at 8.09, which is the sum of squared deviations for the predicted SUMITOMO price change compared to its average price change.About SUMITOMO Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of SUMITOMO MITSUI FINANCIAL on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of SUMITOMO MITSUI FINANCIAL based on its technical analysis. In general, a bottom-up approach, as applied to this corporate bond, focuses on SUMITOMO MITSUI FINANCIAL price pattern first instead of the macroeconomic environment surrounding SUMITOMO MITSUI FINANCIAL. By analyzing SUMITOMO's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of SUMITOMO's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to SUMITOMO specific price patterns or momentum indicators. Please read more on our technical analysis page.
SUMITOMO December 2, 2024 Technical Indicators
Most technical analysis of SUMITOMO help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for SUMITOMO from various momentum indicators to cycle indicators. When you analyze SUMITOMO charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | (0.18) | |||
| Mean Deviation | 0.371 | |||
| Coefficient Of Variation | (3,411) | |||
| Standard Deviation | 0.8958 | |||
| Variance | 0.8024 | |||
| Information Ratio | (0.18) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.19) | |||
| Maximum Drawdown | 7.46 | |||
| Value At Risk | (1.36) | |||
| Potential Upside | 1.56 | |||
| Skewness | (1.17) | |||
| Kurtosis | 11.21 |
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.