Sun Life Financial Shares Soar 1.57% to Record High

Sun Life Financial (SLF) shares surged to a record high today, with an intraday gain of 1.57%.

The strategy of buying Sun Life Financial (SLF) shares after they reach a recent high and holding for 1 week yielded moderate returns over the past 5 years, with a maximum drawdown and steady maximum Sharpe ratio. This indicates the strategy's ability to capture short-term price movements effectively, though overall returns were relatively modest due to the short holding period.

Maximum Drawdown: The maximum drawdown during the backtested period was -3.93%, which occurred in May 2025. This indicates that while the strategy can generate positive returns, it is not immune to short-term market volatility.

Maximum Sharpe Ratio: The maximum Sharpe ratio achieved was 1.33, which occurred in May 2025. This suggests that the strategy can generate returns with reasonable risk, making it a potentially attractive option for risk-averse investors.

Overall Returns: The strategy's overall returns over the past 5 years were modest, with a final value of $1,235.88, indicating that while the strategy can capture short-term price movements, the overall performance is limited by the short holding period.

In conclusion, the strategy of buying SLF shares after they reach a recent high and holding for 1 week is a viable option for capturing short-term price movements, but the modest overall returns and the presence of drawdowns suggest that it may not be the most efficient strategy for long-term investors.

Sun Life Financial Inc is set to trade ex-dividend on May 28, 2025, which may influence investor decisions and potentially affect stock price movements. The quarterly dividend of $0.88 is payable on June 30, 2025.

Sun Life Financial Inc. recently closed 1.4% below its 52-week high, with significant trading volume, which may indicate strong investor interest and influence the stock's momentum.

Expansion in Asia and strong performance from SLC Management are key factors promising revenue growth for Sun Life Financial through enhanced sales and increased management fees.