Sun Life Financial Stock Price on May 6, 2024
| SLF Stock | USD 50.56 0.49 0.96% |
Below is the normalized historical share price chart for Sun Life Financial extending back to March 23, 2000. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Sun Life stands at 50.56, as last reported on the 28th of May, with the highest price reaching 51.53 and the lowest price hitting 50.39 during the day.
If you're considering investing in Sun Stock, it is important to understand the factors that can impact its price. Sun Life Financial owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0654, which indicates the firm had a -0.0654% return per unit of risk over the last 3 months. Sun Life Financial exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sun Life's Coefficient Of Variation of (1,391), risk adjusted performance of (0.04), and Variance of 1.34 to confirm the risk estimate we provide.
The Sun Life's current Common Stock Total Equity is estimated to increase to about 10 B, while Total Stockholder Equity is projected to decrease to roughly 19.6 B. . At this time, Sun Life's Price To Operating Cash Flows Ratio is most likely to decrease significantly in the upcoming years. The Sun Life's current Price To Free Cash Flows Ratio is estimated to increase to 11.57, while Price Book Value Ratio is projected to decrease to 1.06. Sun Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 23rd of March 2000 | 200 Day MA 50.8035 | 50 Day MA 52.3434 | Beta 0.964 |
Sun |
Sharpe Ratio = -0.0654
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SLF |
Estimated Market Risk
| 1.17 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sun Life is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Sun Life by adding Sun Life to a well-diversified portfolio.
Price Book 1.9036 | Price Sales 0.9684 | Shares Float 580.8 M | Dividend Share 3.06 | Wall Street Target Price 56.26 |
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Sun Life Valuation on May 6, 2024
It is possible to determine the worth of Sun Life on a given historical date. On May 6, 2024 Sun was worth 52.73 at the beginning of the trading date compared to the closed value of 53.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sun Life stock. Still, in general, we apply an absolute valuation method to find Sun Life's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Sun Life where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sun Life's related companies.
| Open | High | Low | Close | Volume | |
| 52.51 | 52.58 | 52.13 | 52.48 | 333,313 | |
05/06/2024 | 52.73 | 53.27 | 52.67 | 53.15 | 332,200 |
| 53.21 | 53.40 | 52.58 | 52.84 | 1,003,500 |
| Backtest Sun Life | | | Sun Life History | | | Sun Life Valuation | Previous | Next |
Sun Life Trading Date Momentum on May 6, 2024
| On May 07 2024 Sun Life Financial was traded for 52.84 at the closing time. Highest Sun Life's price during the trading hours was 53.40 and the lowest price during the day was 52.58 . The net volume was 1 M. The overall trading history on the 7th of May contributed to the next trading period price depreciation. The trading price change to the next next day price was 0.58% . The trading price change to current price is 4.01% . |
Sun Life Financial Fundamentals Correlations and Trends
By evaluating Sun Life's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Sun Life's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sun financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sun Life Stock history
Sun Life investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Sun is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sun Life Financial will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Sun Life stock prices may prove useful in developing a viable investing in Sun Life
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 677.4 M | 622.4 M | |
| Net Income Applicable To Common Shares | 3.5 B | 1.8 B |
Sun Life Stock Technical Analysis
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.
Price Boundaries
Sun Life Period Price Range
Low | May 6, 2024
| High |
52.73 | 53.15 |
Sun Life May 28, 2024 Market Strength
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
| Accumulation Distribution | 3741.69 | |||
| Daily Balance Of Power | 0.7 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 52.97 | |||
| Day Typical Price | 53.03 | |||
| Price Action Indicator | 0.39 | |||
| Period Momentum Indicator | (2.59) |
Sun Life Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sun Life's price direction in advance. Along with the technical and fundamental analysis of Sun Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sun to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | (0.11) |
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sun Life Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for Sun Stock analysis
When running Sun Life's price analysis, check to measure Sun Life'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 Sun Life is operating at the current time. Most of Sun Life's value examination focuses on studying past and present price action to predict the probability of Sun Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sun Life's price. Additionally, you may evaluate how the addition of Sun Life to your portfolios can decrease your overall portfolio volatility.
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Is Sun Life's industry 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 0.02 | Dividend Share 3.06 | Earnings Share 3.86 | Revenue Per Share 53.664 | Quarterly Revenue Growth 0.073 |
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.