Sun Life Non Preferred Stock Today

SLF-PG Preferred Stock  CAD 15.51  0.03  0.19%   

Performance

8 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 9

 
High
 
Low
Low
Sun Life is trading at 15.51 as of the 24th of April 2024, a -0.19 percent decrease since the beginning of the trading day. The preferred stock's open price was 15.54. Sun Life has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Sun Life Non are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of May 2022 and ending today, the 24th of April 2024. Click here to learn more.
Sun Life Financial Inc., a financial services company, provides insurance, wealth, and asset management solutions to individuals and corporate clients worldwide. The company was founded in 1871 and is headquartered in Toronto, Canada. SUN LIFE operates under Insurance - Diversified classification in Canada and is traded on Toronto Stock Exchange. The company has 603.27 M outstanding shares of which 6.46 K shares are at this time shorted by private and institutional investors with about 0.49 days to cover all short positions. More on Sun Life Non

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Moving against Sun Preferred Stock

  0.54SLF-PD Sun Life FinancialPairCorr
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Follow Valuation Odds of Bankruptcy
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Sun Preferred Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Sun Life's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Sun Life or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationInsurance - Diversified, Financial Services (View all Sectors)
Sun Life Non (SLF-PG) is traded on Toronto Exchange in Canada and employs 29,169 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 31.5 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Sun Life's market, we take the total number of its shares issued and multiply it by Sun Life's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Sun Life Non operates under Financial Services sector and is part of Insurance - Diversified industry. The entity has 603.27 M outstanding shares of which 6.46 K shares are at this time shorted by private and institutional investors with about 0.49 days to cover all short positions. Sun Life Non has accumulated about 8.19 B in cash with 4.31 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 13.76.
Check Sun Life Probability Of Bankruptcy
Ownership Allocation
Sun Life maintains a total of 603.27 Million outstanding shares. About 88.0 % of Sun Life outstanding shares are held by general public with 11.82 % by institutional holders. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Sun Ownership Details

Sun Stock Price Odds Analysis

What are Sun Life's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Sun Life jumping above the current price in 90 days from now is nearly 4.78%. The Sun Life Non probability density function shows the probability of Sun Life preferred stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Sun Life Non has a beta of -0.1452. This usually implies as returns on the benchmark increase, returns on holding Sun Life are expected to decrease at a much lower rate. During a bear market, however, Sun Life Non is likely to outperform the market. Additionally, sun Life Non has an alpha of 0.1094, implying that it can generate a 0.11 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 15.51HorizonTargetOdds Above 15.51
95.08%90 days
 15.51 
4.78%
Based on a normal probability distribution, the odds of Sun Life to move above the current price in 90 days from now is nearly 4.78 (This Sun Life Non probability density function shows the probability of Sun Preferred Stock to fall within a particular range of prices over 90 days) .

Sun Life Non Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Sun Life market risk premium is the additional return an investor will receive from holding Sun Life long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Sun Life. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Sun Life's alpha and beta are two of the key measurements used to evaluate Sun Life's performance over the market, the standard measures of volatility play an important role as well.

Sun Stock Against Markets

Picking the right benchmark for Sun Life preferred stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Sun Life preferred stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Sun Life is critical whether you are bullish or bearish towards Sun Life Non at a given time. Please also check how Sun Life's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Sun Life without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Sun Life Corporate Management

Elected by the shareholders, the Sun Life's board of directors comprises two types of representatives: Sun Life inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sun. The board's role is to monitor Sun Life's management team and ensure that shareholders' interests are well served. Sun Life's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Sun Life's outside directors are responsible for providing unbiased perspectives on the board's policies.

How to buy Sun Preferred Stock?

Before investing in Sun Life, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Sun Life. To buy Sun Life preferred stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Sun Life. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Sun Life preferred stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Sun Life Non preferred stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Sun Life Non preferred stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the preferred stock
It's important to note that investing in stocks, such as Sun Life Non, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in preferred stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Sun Life Non?

The danger of trading Sun Life Non is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Sun Life is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Sun Life. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Sun Life Non is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sun Life Non. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.

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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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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.