Sumitomo Metal Mining Stock Today
| SMMYY Stock | USD 8.20 0.21 2.50% |
Performance13 of 100
| Odds Of DistressLess than 10
|
Sumitomo Metal is trading at 8.20 as of the 18th of April 2024; that is -2.5 percent decrease since the beginning of the trading day. The stock's open price was 8.41. Sumitomo Metal has less than a 10 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Sumitomo Metal Mining are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
Sumitomo Metal Mining Co., Ltd., together with its subsidiaries, engages in mining, smelting, and refining non-ferrous metals in Japan and internationally. Sumitomo Metal Mining Co., Ltd. was founded in 1590 and is headquartered in Tokyo, Japan. Sumitomo Metal operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. The company has 1.1 B outstanding shares. More on Sumitomo Metal Mining
Moving together with Sumitomo Pink Sheet
| 0.89 | GLCNF | Glencore PLC | PairCorr |
| 0.89 | GLNCY | Glencore PLC ADR | PairCorr |
Moving against Sumitomo Pink Sheet
| 0.41 | PTBRY | Bank Negara Indonesia Upward Rally | PairCorr |
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 Metal's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Sumitomo Metal or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Nobumasa Kemori |
| Business Concentration | Other Industrial Metals & Mining, Basic Materials (View all Sectors) |
Sumitomo Metal Mining [SMMYY] 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 10.58 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Sumitomo Metal's market, we take the total number of its shares issued and multiply it by Sumitomo Metal'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 Metal Mining classifies itself under Basic Materials sector and is part of Other Industrial Metals & Mining industry. The entity has 1.1 B outstanding shares.
Sumitomo Metal Mining has accumulated about 222.23 B in cash with 159.49 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 202.2, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Sumitomo Metal Probability Of Bankruptcy
Sumitomo Stock Price Odds Analysis
Based on a normal probability distribution, the odds of Sumitomo Metal jumping above the current price in 90 days from now is about 5.65%. The Sumitomo Metal Mining probability density function shows the probability of Sumitomo Metal pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Sumitomo Metal has a beta of 0.3567. This usually implies as returns on the market go up, Sumitomo Metal average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Sumitomo Metal Mining will be expected to be much smaller as well. Additionally, sumitomo Metal Mining has an alpha of 0.179, implying that it can generate a 0.18 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Sumitomo Metal to move above the current price in 90 days from now is about 5.65 (This Sumitomo Metal Mining probability density function shows the probability of Sumitomo Pink Sheet to fall within a particular range of prices over 90 days) .
Sumitomo Metal Mining Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Sumitomo Metal market risk premium is the additional return an investor will receive from holding Sumitomo Metal 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 Metal. 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 Metal's alpha and beta are two of the key measurements used to evaluate Sumitomo Metal's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.4 | |||
| Semi Deviation | 1.58 | |||
| Standard Deviation | 1.82 | |||
| Variance | 3.33 |
Sumitomo Stock Against Markets
Picking the right benchmark for Sumitomo Metal 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 Metal 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 Metal is critical whether you are bullish or bearish towards Sumitomo Metal Mining at a given time. Please also check how Sumitomo Metal'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 Metal 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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Sumitomo Metal Corporate Directors
Sumitomo Metal corporate directors refer to members of a Sumitomo Metal board of directors. The board of directors generally takes responsibility for the Sumitomo Metal'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 Metal's board members must vote for the resolution. The Sumitomo Metal board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Isao Okada | Executive Officer, Deputy Chief Director of Resources Business | Profile | |
| Yukio Kawaguchi | Senior Managing Executive Officer, Chief Director of Resource Business, Representative Director | Profile | |
| Hiroki Kadoya | Executive Officer, Deputy Chief Director of Material Business | Profile | |
| Isao Abe | Executive Officer, Deputy Chief Director of Materials Business | Profile |
How to buy Sumitomo Pink Sheet?
Before investing in Sumitomo Metal, 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 Metal. To buy Sumitomo Metal stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Sumitomo Metal. 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 Metal stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Sumitomo Metal Mining 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 Metal Mining 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 Metal Mining, 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 Metal Mining?
The danger of trading Sumitomo Metal Mining 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 Metal 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 Metal. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Sumitomo Metal Mining 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 Metal Mining. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Complementary Tools for Sumitomo Pink Sheet analysis
When running Sumitomo Metal's price analysis, check to measure Sumitomo Metal'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 Metal is operating at the current time. Most of Sumitomo Metal's value examination focuses on studying past and present price action to predict the probability of Sumitomo Metal'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 Metal's price. Additionally, you may evaluate how the addition of Sumitomo Metal to your portfolios can decrease your overall portfolio volatility.
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