Sun Life Financial Stock Price on May 10, 2024

SLF Stock  USD 49.16  0.81  1.62%   
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 49.16, as last reported on the 30th of May, with the highest price reaching 49.68 and the lowest price hitting 49.14 during the day.
IPO Date
23rd of March 2000
200 Day MA
50.7972
50 Day MA
52.1546
Beta
0.964
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 -0.0719, which indicates the firm had a -0.0719% return per unit of risk over the last 3 months. Sun Life Financial exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sun Life's Coefficient Of Variation of (1,074), risk adjusted performance of (0.05), 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 1.07. Sun Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0719

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Estimated Market Risk

 1.18
  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

Sun Life Main Headline on 10th of May 2024

Sun Life shareholders elect new board of directors

Sun Life Valuation on May 10, 2024

It is possible to determine the worth of Sun Life on a given historical date. On May 10, 2024 Sun was worth 51.29 at the beginning of the trading date compared to the closed value of 49.51. 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
  53.05    53.73    53.02    53.07    917,300  
05/10/2024
  51.29    51.62    49.51    49.51    3,113,700  
  50.29    51.12    50.08    50.08    1,290,200  
Backtest Sun Life  |  Sun Life History  |  Sun Life Valuation   PreviousNext  
Open Value
51.29
49.51
Closing Value
54.82
Upside

Sun Life Trading Date Momentum on May 10, 2024

On May 13 2024 Sun Life Financial was traded for  50.08  at the closing time. Highest Sun Life's price during the trading hours was 51.12  and the lowest price during the day was  50.08 . The net volume was 1.3 M. The overall trading history on the 13th of May 2024 contributed to the next trading period price rise. The trading price change to the next next day price was 1.15% . The trading price change to current price is 4.42% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding677.4 M622.4 M
Net Income Applicable To Common Shares3.5 B1.8 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.
A focus of Sun Life technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Sun Life trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Sun Life Period Price Range

Low
May 10, 2024
-1.78  -3.47%
High

 51.29 

     

 49.51 

Sun Life May 30, 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

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.
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 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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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
3.88
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.