Sumitomo Mitsui Financial Stock Probability of Future Stock Price Finishing Over 11.38
| SMFG Stock | USD 11.44 0.08 0.70% |
Closest to current price Sumitomo long CALL Option Payoff at Expiration
Sumitomo |
Sumitomo Mitsui Target Price Odds to finish over 11.38
The tendency of Sumitomo Stock 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 above $ 11.38 in 90 days |
| 11.44 | 90 days | 11.38 | about 38.07 |
Based on a normal probability distribution, the odds of Sumitomo Mitsui to stay above $ 11.38 in 90 days from now is about 38.07 (This Sumitomo Mitsui Financial probability density function shows the probability of Sumitomo Stock to fall within a particular range of prices over 90 days) . Probability of Sumitomo Mitsui Financial price to stay between $ 11.38 and its current price of $11.44 at the end of the 90-day period is nearly 4.01 .
Given the investment horizon of 90 days Sumitomo Mitsui Financial has a beta of -0.16. This usually implies as returns on the benchmark increase, returns on holding Sumitomo Mitsui are expected to decrease at a much lower rate. During a bear market, however, Sumitomo Mitsui Financial is likely to outperform the market. Additionally Sumitomo Mitsui Financial has an alpha of 0.177, implying that it can generate a 0.18 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Sumitomo Mitsui Price Density |
| Price |
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 Financial. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock 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 Financial, 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 NYSE Composite | 0.18 | |
β | Beta against NYSE Composite | -0.16 | |
σ | Overall volatility | 0.56 | |
Ir | Information ratio | 0.07 |
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 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 Mitsui Financial currently holds about 92.95 T in cash with (5.9 T) of positive cash flow from operations. | |
| Sumitomo Mitsui has a frail financial position based on the latest SEC disclosures | |
| Latest headline from channelnewsasia.com: Activist investor Elliott buys stake in Japans Sumitomo, source says |
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 Stock 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 | 1.4 B | |
| Cash And Short Term Investments | 75.9 T |
Sumitomo Mitsui Technical Analysis
Sumitomo Mitsui's future price can be derived by breaking down and analyzing its technical indicators over time. Sumitomo Stock 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 Stock 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 stock 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 stock market movement and maximize returns from investment trading.
Things to note about Sumitomo Mitsui Financial
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 Financial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sumitomo Mitsui Financial currently holds about 92.95 T in cash with (5.9 T) of positive cash flow from operations. | |
| Sumitomo Mitsui has a frail financial position based on the latest SEC disclosures | |
| Latest headline from channelnewsasia.com: Activist investor Elliott buys stake in Japans Sumitomo, source says |
Check out Sumitomo Mitsui Backtesting, Sumitomo Mitsui Valuation, Sumitomo Mitsui Correlation, Sumitomo Mitsui Hype Analysis, Sumitomo Mitsui Volatility, Sumitomo Mitsui History as well as Sumitomo Mitsui Performance. Note that the Sumitomo Mitsui Financial information on this page should be used as a complementary analysis to other Sumitomo Mitsui's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for Sumitomo Stock analysis
When running Sumitomo Mitsui's price analysis, check to measure Sumitomo Mitsui'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 Mitsui is operating at the current time. Most of Sumitomo Mitsui's value examination focuses on studying past and present price action to predict the probability of Sumitomo Mitsui'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 Mitsui's price. Additionally, you may evaluate how the addition of Sumitomo Mitsui to your portfolios can decrease your overall portfolio volatility.
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Is Sumitomo Mitsui's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sumitomo Mitsui. If investors know Sumitomo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sumitomo Mitsui listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 36.962 | Dividend Share 260 | Earnings Share 0.8 | Revenue Per Share 580.0058 | Quarterly Revenue Growth 0.354 |
The market value of Sumitomo Mitsui Financial is measured differently than its book value, which is the value of Sumitomo that is recorded on the company's balance sheet. Investors also form their own opinion of Sumitomo Mitsui's value that differs from its market value or its book value, called intrinsic value, which is Sumitomo Mitsui's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sumitomo Mitsui's market value can be influenced by many factors that don't directly affect Sumitomo Mitsui's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sumitomo Mitsui's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sumitomo Mitsui is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sumitomo Mitsui's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.