Sun Lif Non Preferred Stock Odds of Future Preferred Stock Price Finishing Over 19.64
| SLF-PH Preferred Stock | CAD 21.08 0.56 2.73% |
Sun |
Sun Lif Target Price Odds to finish over 19.64
The tendency of Sun Preferred 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 C$ 19.64 in 90 days |
| 21.08 | 90 days | 19.64 | about 70.25 |
Based on a normal probability distribution, the odds of Sun Lif to stay above C$ 19.64 in 90 days from now is about 70.25 (This Sun Lif Non probability density function shows the probability of Sun Preferred Stock to fall within a particular range of prices over 90 days) . Probability of Sun Lif Non price to stay between C$ 19.64 and its current price of C$21.08 at the end of the 90-day period is about 60.41 .
Assuming the 90 days trading horizon Sun Lif has a beta of 0.27. This usually implies as returns on the market go up, Sun Lif average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Sun Lif Non will be expected to be much smaller as well. Additionally Sun Lif Non has an alpha of 0.1877, implying that it can generate a 0.19 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Sun Lif Price Density |
| Price |
Predictive Modules for Sun Lif
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 Lif Non. Regardless of method or technology, however, to accurately forecast the preferred stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the preferred 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.Sun Lif Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sun Lif is not an exception. The market had few large corrections towards the Sun Lif'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 Lif Non, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sun Lif within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.19 | |
β | Beta against Dow Jones | 0.27 | |
σ | Overall volatility | 0.79 | |
Ir | Information ratio | 0.21 |
Sun Lif 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 Preferred Stock often depends not only on the future outlook of the current and potential Sun Lif'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 Lif's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 586.4 M |
Sun Lif Technical Analysis
Sun Lif's future price can be derived by breaking down and analyzing its technical indicators over time. Sun Preferred Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sun Lif Non. In general, you should focus on analyzing Sun Preferred Stock price patterns and their correlations with different microeconomic environments and drivers.
Sun Lif Predictive Forecast Models
Sun Lif's time-series forecasting models is one of many Sun Lif's preferred 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 Lif'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 preferred stock market movement and maximize returns from investment trading.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Sun Lif in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Sun Lif's short interest history, or implied volatility extrapolated from Sun Lif options trading.
Other Information on Investing in Sun Preferred Stock
Sun Lif financial ratios help investors to determine whether Sun Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Sun with respect to the benefits of owning Sun Lif security.