Sun Life Financial Stock Odds of Future Stock Price Finishing Over 51.7
| SLF Stock | USD 52.06 0.57 1.11% |
Closest to current price Sun long CALL Option Payoff at Expiration
Sun |
Sun Life Target Price Odds to finish over 51.7
The tendency of Sun Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above $ 51.70 in 90 days |
| 52.06 | 90 days | 51.70 | about 83.25 |
Based on a normal probability distribution, the odds of Sun Life to stay above $ 51.70 in 90 days from now is about 83.25 (This Sun Life Financial probability density function shows the probability of Sun Stock to fall within a particular range of prices over 90 days) . Probability of Sun Life Financial price to stay between $ 51.70 and its current price of $52.06 at the end of the 90-day period is about 7.23 .
Considering the 90-day investment horizon Sun Life has a beta of 0.35. This usually implies as returns on the market go up, Sun Life average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Sun Life Financial will be expected to be much smaller as well. Additionally Sun Life Financial has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Sun Life Price Density |
| Price |
Predictive Modules for Sun Life
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sun Life Financial. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sun Life's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Sun Life Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sun Life is not an exception. The market had few large corrections towards the Sun Life's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Sun Life Financial, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sun Life within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.03 | |
β | Beta against NYSE Composite | 0.35 | |
σ | Overall volatility | 1.40 | |
Ir | Information ratio | -0.08 |
Sun Life Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Sun Life for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sun Life Financial can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 56.0% of the company shares are owned by institutional investors | |
| On 28th of March 2024 Sun Life paid $ 0.5791 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Zacks Industry Outlook Highlights Manulife Financial, Sun Life Financial, Reinsurance Group, Primerica and Lincoln National |
Sun Life Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Sun Stock often depends not only on the future outlook of the current and potential Sun Life's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Sun Life's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 589 M | |
| Cash And Short Term Investments | 27.5 B |
Sun Life Technical Analysis
Sun Life's future price can be derived by breaking down and analyzing its technical indicators over time. Sun Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sun Life Financial. In general, you should focus on analyzing Sun Stock price patterns and their correlations with different microeconomic environments and drivers.
Sun Life Predictive Forecast Models
Sun Life's time-series forecasting models is one of many Sun Life's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Sun Life's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Sun Life Financial
Checking the ongoing alerts about Sun Life for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sun Life Financial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 56.0% of the company shares are owned by institutional investors | |
| On 28th of March 2024 Sun Life paid $ 0.5791 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Zacks Industry Outlook Highlights Manulife Financial, Sun Life Financial, Reinsurance Group, Primerica and Lincoln National |
Check out Sun Life Backtesting, Sun Life Valuation, Sun Life Correlation, Sun Life Hype Analysis, Sun Life Volatility, Sun Life History as well as Sun Life Performance. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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 (0.35) | Dividend Share 3 | Earnings Share 3.83 | Revenue Per Share 52.645 | Return On Assets 0.0079 |
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.