Sun Cash And Short Term Investments from 2010 to 2026
| SLF Stock | CAD 93.94 0.30 0.32% |
Cash And Short Term Investments | First Reported 2000-12-31 | Previous Quarter 25.4 B | Current Value 26.5 B | Quarterly Volatility 6.5 B |
Check Sun Life financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sun Life's main balance sheet or income statement drivers, such as Depreciation And Amortization of 722.1 M, Interest Expense of 361.9 M or Total Revenue of 25.7 B, as well as many indicators such as Price To Sales Ratio of 1.11, Dividend Yield of 0.0277 or PTB Ratio of 1.09. Sun financial statements analysis is a perfect complement when working with Sun Life Valuation or Volatility modules.
Sun | Cash And Short Term Investments |
Evaluating Sun Life's Cash And Short Term Investments across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Sun Life Financial's fundamental strength.
Latest Sun Life's Cash And Short Term Investments Growth Pattern
Below is the plot of the Cash And Short Term Investments of Sun Life Financial over the last few years. Short Term Investments is an account in the current assets section of Sun Life Financial balance sheet. This account contains Sun Life investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Sun Life Financial fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Sun Life's Cash And Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sun Life's overall financial position and show how it may be relating to other accounts over time.
| Cash And Short Term Investments | 10 Years Trend |
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Cash And Short Term Investments |
| Timeline |
Sun Cash And Short Term Investments Regression Statistics
| Arithmetic Mean | 14,483,683,235 | |
| Geometric Mean | 12,407,905,281 | |
| Coefficient Of Variation | 63.77 | |
| Mean Deviation | 7,367,986,125 | |
| Median | 9,575,000,000 | |
| Standard Deviation | 9,235,621,155 | |
| Sample Variance | 85296698.1T | |
| Range | 26.7B | |
| R-Value | 0.79 | |
| Mean Square Error | 34354510.2T | |
| R-Squared | 0.62 | |
| Significance | 0.0002 | |
| Slope | 1,442,891,225 | |
| Total Sum of Squares | 1364747169.8T |
Sun Cash And Short Term Investments History
About Sun Life Financial Statements
Sun Life investors utilize fundamental indicators, such as Cash And Short Term Investments, to predict how Sun Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Cash And Short Term Investments | 31.9 B | 33.5 B |
Pair Trading with Sun Life
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sun Life position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sun Life will appreciate offsetting losses from the drop in the long position's value.Moving against Sun Stock
| 0.77 | MSFT | Microsoft Corp CDR | PairCorr |
| 0.77 | MSFT | Microsoft CDR | PairCorr |
| 0.39 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.39 | BRK | Berkshire Hathaway CDR | PairCorr |
The ability to find closely correlated positions to Sun Life could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sun Life when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sun Life - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sun Life Financial to buy it.
The correlation of Sun Life is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sun Life moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sun Life Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sun Life can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Sun Life Correlation against competitors. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.