Sun Life Financial Stock Market Value
| SLF Stock | USD 57.68 0.93 1.59% |
| Symbol | Sun |
Sun Life Financial Price To Book Ratio
Is Life & Health Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sun Life. If investors know Sun will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sun Life listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.567 | Dividend Share 3.18 | Earnings Share 4.25 | Revenue Per Share | Quarterly Revenue Growth 0.077 |
The market value of Sun Life Financial is measured differently than its book value, which is the value of Sun that is recorded on the company's balance sheet. Investors also form their own opinion of Sun Life's value that differs from its market value or its book value, called intrinsic value, which is Sun Life's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sun Life's market value can be influenced by many factors that don't directly affect Sun Life's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.
Sun Life '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 Sun Life'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 Sun Life.
| 12/31/2024 |
| 01/30/2025 |
If you would invest 0.00 in Sun Life on December 31, 2024 and sell it all today you would earn a total of 0.00 from holding Sun Life Financial or generate 0.0% return on investment in Sun Life over 30 days. Sun Life is related to or competes with Axa Equitable, American International, Arch Capital, Old Republic, Hartford Financial, Goosehead Insurance, and Enstar Group. Sun Life Financial Inc., a financial services company, provides insurance, wealth, and asset management solutions to ind... More
Sun Life 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 Sun Life'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 Sun Life Financial upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.875 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 6.02 | |||
| Value At Risk | (1.36) | |||
| Potential Upside | 1.41 |
Sun Life Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sun Life's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sun Life's standard deviation. In reality, there are many statistical measures that can use Sun Life historical prices to predict the future Sun Life's volatility.| Risk Adjusted Performance | 0.0604 | |||
| Jensen Alpha | 0.018 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1085 |
Sun Life Financial Backtested Returns
At this point, Sun Life is very steady. Sun Life Financial owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0827, which indicates the firm had a 0.0827 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Sun Life Financial, which you can use to evaluate the volatility of the company. Please validate Sun Life's Risk Adjusted Performance of 0.0604, coefficient of variation of 1422.22, and Semi Deviation of 0.7925 to confirm if the risk estimate we provide is consistent with the expected return of 0.082%. Sun Life has a performance score of 6 on a scale of 0 to 100. The entity has a beta of 0.54, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sun Life's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sun Life is expected to be smaller as well. Sun Life Financial right now has a risk of 0.99%. Please validate Sun Life semi variance, and the relationship between the maximum drawdown and accumulation distribution , to decide if Sun Life will be following its existing price patterns.
Auto-correlation | 0.41 |
Average predictability
Sun Life Financial has average predictability. Overlapping area represents the amount of predictability between Sun Life time series from 31st of December 2024 to 15th of January 2025 and 15th of January 2025 to 30th of January 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 Sun Life Financial price movement. The serial correlation of 0.41 indicates that just about 41.0% of current Sun Life price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.41 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Sun Life Financial lagged returns against current returns
Autocorrelation, which is Sun Life 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 Sun Life's stock expected returns. We can calculate the autocorrelation of Sun Life returns to help us make a trade decision. For example, suppose you find that Sun Life 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 |
Sun Life 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 Sun Life stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sun Life stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sun Life stock over time.
Current vs Lagged Prices |
| Timeline |
Sun Life Lagged Returns
When evaluating Sun Life's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sun Life stock have on its future price. Sun Life 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, Sun Life autocorrelation shows the relationship between Sun Life stock current value and its past values and can show if there is a momentum factor associated with investing in Sun Life Financial.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
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 Sun Life Correlation, Sun Life Volatility and Sun Life Alpha and Beta module to complement your research on Sun Life. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Sun Life technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.