Sun Life Stock Forecast - Price Action Indicator

LIE Stock  EUR 57.50  0.16  0.28%   
Sun Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Sun Life's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Sun Life Financial has current Price Action Indicator of (0.33). Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
Check Sun Life VolatilityBacktest Sun LifeInformation Ratio  

Sun Life Trading Date Momentum

On November 27 2024 Sun Life Financial was traded for  57.50  at the closing time. The highest daily price throughout the period was 58.00  and the lowest price was  57.50 . The daily volume was 100.0. The net trading volume on 11/27/2024 did not result in any price rise and fall. The trading price change to current closing price is 0.87% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
Compare Sun Life to competition

Other Forecasting Options for Sun Life

For every potential investor in Sun, whether a beginner or expert, Sun Life's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Sun Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Sun. Basic forecasting techniques help filter out the noise by identifying Sun Life's price trends.

Sun Life Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Sun Life stock to make a market-neutral strategy. Peer analysis of Sun Life could also be used in its relative valuation, which is a method of valuing Sun Life by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Sun Life Financial Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Sun Life's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Sun Life's current price.

Sun Life Market Strength Events

Market strength indicators help investors to evaluate how Sun Life stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sun Life shares will generate the highest return on investment. By undertsting and applying Sun Life stock market strength indicators, traders can identify Sun Life Financial entry and exit signals to maximize returns.

Sun Life Risk Indicators

The analysis of Sun Life's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Sun Life's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sun stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in Sun Stock

When determining whether Sun Life Financial is a strong investment it is important to analyze Sun Life'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 Sun Life's future performance. For an informed investment choice regarding Sun Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Sun Life to cross-verify your projections.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Please note, there is a significant difference between Sun Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sun Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sun Life'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.