Shinhan Financial Group Stock Probability of Future Stock Price Finishing Under 36.30
| SHG Stock | USD 35.25 0.44 1.23% |
Closest to current price Shinhan long CALL Option Payoff at Expiration
Shinhan |
Shinhan Financial Target Price Odds to finish below 36.30
The tendency of Shinhan 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 under $ 36.30 after 90 days |
| 35.25 | 90 days | 36.30 | about 1.32 |
Based on a normal probability distribution, the odds of Shinhan Financial to stay under $ 36.30 after 90 days from now is about 1.32 (This Shinhan Financial Group probability density function shows the probability of Shinhan Stock to fall within a particular range of prices over 90 days) . Probability of Shinhan Financial price to stay between its current price of $ 35.25 and $ 36.30 at the end of the 90-day period is about 1.07 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.03 . This usually implies Shinhan Financial Group market returns are reactive to returns on the market. As the market goes up or down, Shinhan Financial is expected to follow. Additionally Shinhan Financial Group has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Shinhan Financial Price Density |
| Price |
Predictive Modules for Shinhan Financial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Shinhan Financial. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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.Shinhan Financial Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Shinhan Financial is not an exception. The market had few large corrections towards the Shinhan Financial'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 Shinhan Financial Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Shinhan Financial within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.36 | |
β | Beta against Dow Jones | 1.03 | |
σ | Overall volatility | 1.87 | |
Ir | Information ratio | -0.15 |
Shinhan Financial Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Shinhan Financial for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Shinhan Financial can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Shinhan Financial generated a negative expected return over the last 90 days | |
| On 15th of November 2024 Shinhan Financial paid $ 0.3887 per share dividend to its current shareholders | |
| Latest headline from news.google.com: BNP Paribas Financial Markets Grows Stock Holdings in Shinhan Financial Group Co., Ltd. - MarketBeat |
Shinhan Financial 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 Shinhan Stock often depends not only on the future outlook of the current and potential Shinhan Financial'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. Shinhan Financial's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 519.2 M | |
| Cash And Short Term Investments | 30.4 T |
Shinhan Financial Technical Analysis
Shinhan Financial's future price can be derived by breaking down and analyzing its technical indicators over time. Shinhan Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Shinhan Financial Group. In general, you should focus on analyzing Shinhan Stock price patterns and their correlations with different microeconomic environments and drivers.
Shinhan Financial Predictive Forecast Models
Shinhan Financial's time-series forecasting models is one of many Shinhan Financial's 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 Shinhan Financial'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 stock market movement and maximize returns from investment trading.
Things to note about Shinhan Financial
Checking the ongoing alerts about Shinhan Financial for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Shinhan Financial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Shinhan Financial generated a negative expected return over the last 90 days | |
| On 15th of November 2024 Shinhan Financial paid $ 0.3887 per share dividend to its current shareholders | |
| Latest headline from news.google.com: BNP Paribas Financial Markets Grows Stock Holdings in Shinhan Financial Group Co., Ltd. - MarketBeat |
Check out Shinhan Financial Backtesting, Shinhan Financial Valuation, Shinhan Financial Correlation, Shinhan Financial Hype Analysis, Shinhan Financial Volatility, Shinhan Financial History as well as Shinhan Financial Performance. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Shinhan Financial. If investors know Shinhan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Shinhan Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.108 | Dividend Share 3.2 K | Earnings Share 6.08 | Revenue Per Share 29 K | Quarterly Revenue Growth 2.224 |
The market value of Shinhan Financial is measured differently than its book value, which is the value of Shinhan that is recorded on the company's balance sheet. Investors also form their own opinion of Shinhan Financial's value that differs from its market value or its book value, called intrinsic value, which is Shinhan Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Shinhan Financial's market value can be influenced by many factors that don't directly affect Shinhan Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Shinhan Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shinhan Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shinhan Financial'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.