Sun Life Financial (PHS:SLF) 6-1 Month Momentum %

: 15.38% (As of Today)

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6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-18), Sun Life Financial's 6-1 Month Momentum % is 15.38%.

The industry rank for Sun Life Financial's 6-1 Month Momentum % or its related term are showing as below:

PHS:SLF's 6-1 Month Momentum % is ranked better than
57.94% of 573 companies
in the Insurance industry
Industry Median: 6.67 vs PHS:SLF: 15.38

Competitive Comparison

For the Insurance - Diversified subindustry, Sun Life Financial's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Sun Life Financial 6-1 Month Momentum % Distribution

For the Insurance industry and Financial Services sector, Sun Life Financial's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Sun Life Financial's 6-1 Month Momentum % falls into.

Sun Life Financial (PHS:SLF) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %

( Price 1-month ago

Price 6-month ago

- 1 )

100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sun Life Financial (PHS:SLF) 6-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 6-1 Month Momentum % measures the total return to a stock over the past six months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.

Sun Life Financial 6-1 Month Momentum % Related Terms

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Sun Life Financial (PHS:SLF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Sun Life Financial Inc (PHS:SLF) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

SUNFF.PFD:USA SLF:USA LIE:Germany SLF.PR.K.PFD:Canada SLF.PR.J.PFD:Canada SLF.PR.H.PFD:Canada SLF.PR.G.PFD:Canada SLF.PR.E.PFD:Canada SLF.PR.D.PFD:Canada SLF.PR.C.PFD:Canada SLF:Canada

Address

1 York Street, 31st Floor, Toronto, ON, CAN, M5J 0B6

Website

https://www.sunlife.com

Sun Life provides life insurance, retirement, and asset management products to individuals and corporate customers in Canada, the United States, and Asia. The company's investment management business contributes approximately 38% of its adjusted earnings and has around CAD 1 trillion in assets under management as of the second quarter of 2023. The Canada business contributes about 32% of adjusted earnings and provides individual life and health insurance, group insurance, retirement services, and wealth management solutions. The U.S. business contributes approximately 14% of earnings and is mainly focused on providing group insurance products and managing the in-force life insurance policies. Finally, the Asia segment contributes around 16% of earnings.