Sun Life Total Risk Alpha

SLF Stock   3,610  8.00  0.22%   
Reference data associated with the Total Risk Alpha technical indicator for Sun Life Financial. Some instruments may provide partial coverage depending on trading history.
Sun Life Financial has current Total Risk Alpha of 0.1516. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.

Total Risk Alpha

 = 

RFR + (ER[b] - ER[a])

x

STD[a] / STD[b]

 = 
0.1516
ER[a] = Expected return on investing in Sun Life
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Sun Life
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Total Risk Alpha Peers Comparison

Total Risk Alpha Relative To Other Indicators

Sun Life Financial holds the #4 position for total risk alpha relative to top peers. It is currently under evaluation for maximum drawdown relative to top peers with a Maximum Drawdown-to-Total Risk Alpha ratio near 47.91 . The Maximum Drawdown to Total Risk Alpha ratio for Sun Life Financial comes in at 47.91
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare Sun Life to Peers

Other Technical Indicators