Sumitomo Stock Today
| SSUMF Stock | USD 24.16 0.84 3.36% |
Performance4 of 100
| Odds Of DistressLess than 10
|
Sumitomo is trading at 24.16 as of the 17th of April 2024. This is a -3.36 percent decrease since the beginning of the trading day. The stock's lowest day price was 24.16. Sumitomo has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Sumitomo are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of July 2023 and ending today, the 17th of April 2024. Click here to learn more.
Sumitomo Corporation engages in general trading business worldwide. The company was incorporated in 1919 and is headquartered in Tokyo, Japan. SUMITOMO CORP is traded on OTC Exchange in the United States. The company has 1.25 B outstanding shares. More on Sumitomo
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Follow Valuation Odds of Bankruptcy
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Sumitomo Pink Sheet Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Sumitomo's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Sumitomo or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Kuniharu Nakamura |
| Business Concentration | Conglomerates, Industrials (View all Sectors) |
Sumitomo [SSUMF] is a Pink Sheet which is traded between brokers as part of OTC trading. The company currently falls under 'Large-Cap' category with a current market capitalization of 22.7 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Sumitomo's market, we take the total number of its shares issued and multiply it by Sumitomo's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Sumitomo classifies itself under Industrials sector and is part of Conglomerates industry. The entity has 1.25 B outstanding shares.
Sumitomo has accumulated about 721.57 B in cash with 194.07 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 577.24, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Sumitomo Probability Of Bankruptcy
Ownership AllocationSumitomo maintains a total of 1.25 Billion outstanding shares. 30% of Sumitomo outstanding shares are owned by institutional holders. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Sumitomo Ownership Details
Sumitomo Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Sumitomo jumping above the current price in 90 days from now is about 19.77%. The Sumitomo probability density function shows the probability of Sumitomo pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Sumitomo has a beta of -0.0197. This usually implies as returns on the benchmark increase, returns on holding Sumitomo are expected to decrease at a much lower rate. During a bear market, however, Sumitomo is likely to outperform the market. Additionally, sumitomo has an alpha of 0.1498, implying that it can generate a 0.15 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Sumitomo to move above the current price in 90 days from now is about 19.77 (This Sumitomo probability density function shows the probability of Sumitomo Pink Sheet to fall within a particular range of prices over 90 days) .
Sumitomo Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Sumitomo market risk premium is the additional return an investor will receive from holding Sumitomo long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Sumitomo. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Sumitomo's alpha and beta are two of the key measurements used to evaluate Sumitomo's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.16 | |||
| Semi Deviation | 1.69 | |||
| Standard Deviation | 1.84 | |||
| Variance | 3.38 |
Sumitomo Stock Against Markets
Picking the right benchmark for Sumitomo pink sheet is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Sumitomo pink sheet price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Sumitomo is critical whether you are bullish or bearish towards Sumitomo at a given time. Please also check how Sumitomo's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Sumitomo without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
Sumitomo Corporate Directors
Sumitomo corporate directors refer to members of a Sumitomo board of directors. The board of directors generally takes responsibility for the Sumitomo's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Sumitomo's board members must vote for the resolution. The Sumitomo board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Kiyoshi Ogawa | Managing Executive Officer, Director of Internal Audit | Profile | |
| Yoshiyuki Sakamoto | Executive Officer, Chief Director of Basic Chemicals & Electronics | Profile | |
| Naoki Hidaka | Senior Managing Executive Officer, Manager of Transporting Machine & Construction Machine Business Division, Director | Profile | |
| Tsuyoshi Oikawa | Executive Officer, Chief Director of 2nd Resources | Profile |
How to buy Sumitomo Pink Sheet?
Before investing in Sumitomo, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Sumitomo. To buy Sumitomo stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Sumitomo. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Sumitomo stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Sumitomo stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Sumitomo stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Sumitomo, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Sumitomo?
The danger of trading Sumitomo is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Sumitomo is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Sumitomo. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Sumitomo is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sumitomo. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Sumitomo Pink Sheet analysis
When running Sumitomo's price analysis, check to measure Sumitomo'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 is operating at the current time. Most of Sumitomo's value examination focuses on studying past and present price action to predict the probability of Sumitomo'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's price. Additionally, you may evaluate how the addition of Sumitomo to your portfolios can decrease your overall portfolio volatility.
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