Sumitomo's market value is the price at which a share of Sumitomo trades on a public exchange. It measures the collective expectations of Sumitomo investors about its performance. Sumitomo is trading at 21.51 as of the 6th of July 2025. This is a 1.42% down since the beginning of the trading day. The stock's lowest day price was 21.51. With this module, you can estimate the performance of a buy and hold strategy of Sumitomo and determine expected loss or profit from investing in Sumitomo over a given investment horizon. Check out Sumitomo Correlation, Sumitomo Volatility and Sumitomo Alpha and Beta module to complement your research on Sumitomo.
Please note, there is a significant difference between Sumitomo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sumitomo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sumitomo'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.
Sumitomo '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'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.
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04/07/2025
No Change 0.00
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In 3 months and 1 day
07/06/2025
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If you would invest 0.00 in Sumitomo on April 7, 2025 and sell it all today you would earn a total of 0.00 from holding Sumitomo or generate 0.0% return on investment in Sumitomo over 90 days. Sumitomo is related to or competes with CHAMPION IRON, INFORMATION SVC, NTT DATA, ANGANG STEEL, Olympic Steel, Datadog, and TERADATA. Sumitomo Corporation, together with its subsidiaries, imports, exports, and trades in various goods and commodities worl... More
Sumitomo 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'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 upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sumitomo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sumitomo's standard deviation. In reality, there are many statistical measures that can use Sumitomo historical prices to predict the future Sumitomo's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Sumitomo. Your research has to be compared to or analyzed against Sumitomo's peers to derive any actionable benefits. When done correctly, Sumitomo's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Sumitomo.
Sumitomo Backtested Returns
Sumitomo appears to be not too volatile, given 3 months investment horizon. Sumitomo owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.094, which indicates the firm had a 0.094 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Sumitomo, which you can use to evaluate the volatility of the company. Please review Sumitomo's Semi Deviation of 2.08, coefficient of variation of 1063.46, and Risk Adjusted Performance of 0.1573 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Sumitomo holds a performance score of 7. The entity has a beta of -0.51, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Sumitomo are expected to decrease at a much lower rate. During the bear market, Sumitomo is likely to outperform the market. Please check Sumitomo's jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Sumitomo's existing price patterns will revert.
Auto-correlation
-0.67
Very good reverse predictability
Sumitomo has very good reverse predictability. Overlapping area represents the amount of predictability between Sumitomo time series from 7th of April 2025 to 22nd of May 2025 and 22nd of May 2025 to 6th of July 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 price movement. The serial correlation of -0.67 indicates that around 67.0% of current Sumitomo price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.67
Spearman Rank Test
-0.56
Residual Average
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Price Variance
0.2
Sumitomo lagged returns against current returns
Autocorrelation, which is Sumitomo 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's stock expected returns. We can calculate the autocorrelation of Sumitomo returns to help us make a trade decision. For example, suppose you find that Sumitomo 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 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 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sumitomo stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sumitomo stock over time.
Current vs Lagged Prices
Timeline
Sumitomo Lagged Returns
When evaluating Sumitomo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sumitomo stock have on its future price. Sumitomo 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 autocorrelation shows the relationship between Sumitomo stock current value and its past values and can show if there is a momentum factor associated with investing in Sumitomo.
Sumitomo financial ratios help investors to determine whether Sumitomo Stock 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.