Sun Life (Philippines) Market Value
| SLF Stock | 3,500 100.00 2.94% |
| Symbol | Sun |
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.
| 05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in Sun Life on May 30, 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 180 days. Sun Life is related to or competes with National Reinsurance, Allhome Corp, Jollibee Foods, and Monde Nissin. 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 | 5.06 | |||
| Information Ratio | 0.0533 | |||
| Maximum Drawdown | 19.03 | |||
| Value At Risk | (6.25) | |||
| Potential Upside | 7.14 |
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 | 0.0759 | |||
| Jensen Alpha | 0.3357 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | 0.038 | |||
| Treynor Ratio | (1.48) |
Sun Life Financial Backtested Returns
Sun Life appears to be very steady, given 3 months investment horizon. Sun Life Financial owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.095, which indicates the firm had a 0.095% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Sun Life Financial, which you can use to evaluate the volatility of the company. Please review Sun Life's Semi Deviation of 2.76, coefficient of variation of 1124.27, and Risk Adjusted Performance of 0.0759 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Sun Life holds a performance score of 7. The entity has a beta of -0.21, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sun Life are expected to decrease at a much lower rate. During the bear market, Sun Life is likely to outperform the market. Please check Sun Life's expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to make a quick decision on whether Sun Life's existing price patterns will revert.
Auto-correlation | 0.29 |
Poor predictability
Sun Life Financial has poor predictability. Overlapping area represents the amount of predictability between Sun Life time series from 30th of May 2024 to 28th of August 2024 and 28th of August 2024 to 26th of November 2024. 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 0.29 indicates that nearly 29.0% of current Sun Life price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 7290.18 |
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 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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.