Sumitomo Mitsui Financial Stock Technical Analysis

SMFG Stock  USD 11.81  0.05  0.42%   
As of the 28th of March, Sumitomo Mitsui has the Risk Adjusted Performance of 0.1566, semi deviation of 1.03, and Coefficient Of Variation of 368.77. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sumitomo Mitsui Financial, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Sumitomo Mitsui Financial, which can be compared to its competition. Please validate Sumitomo Mitsui Financial treynor ratio, as well as the relationship between the downside variance and kurtosis to decide if Sumitomo Mitsui is priced more or less accurately, providing market reflects its prevalent price of 11.81 per share. Given that Sumitomo Mitsui Financial has jensen alpha of 0.3207, we advise you to double-check Sumitomo Mitsui Financial's current market performance to make sure the company can sustain itself at a future point.

Sumitomo Mitsui 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 Sumitomo
  
Sumitomo Mitsui's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Sumitomo Mitsui Analyst Consensus

Target PriceAdvice# of Analysts
10.19Hold1Odds
Sumitomo Mitsui Financial current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Sumitomo analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Sumitomo stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Sumitomo Mitsui Financial, talking to its executives and customers, or listening to Sumitomo conference calls.
Sumitomo Analyst Advice Details
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.
A focus of Sumitomo Mitsui technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Sumitomo Mitsui trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Sumitomo Mitsui Financial Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Sumitomo Mitsui Financial volatility. High ATR values indicate high volatility, and low values indicate low volatility.

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 Mitsui 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 Mitsui price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Sumitomo Mitsui 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   0.04  , which means Sumitomo Mitsui Financial will continue generating value for investors. It has 122 observation points and a regression sum of squares at 67.73, which is the sum of squared deviations for the predicted Sumitomo Mitsui price change compared to its average price change.

About Sumitomo Mitsui 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 company, focuses on Sumitomo Mitsui Financial price pattern first instead of the macroeconomic environment surrounding Sumitomo Mitsui Financial. By analyzing Sumitomo Mitsui'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 Mitsui'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 Mitsui specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2023 2024 (projected)
Price To Sales Ratio0.310.440.76
Price Earnings Ratio1.492.081.97

Sumitomo Mitsui March 28, 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.

Sumitomo Mitsui March 28, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Sumitomo stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sumitomo Mitsui Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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
0.83
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.