Shinhan Financial Group Stock Market Value
| SHG Stock | USD 38.58 1.68 4.17% |
| Symbol | Shinhan |
Shinhan Financial Price To Book Ratio
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 6.24 | 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.
Shinhan Financial 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Shinhan Financial's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Shinhan Financial.
| 09/02/2024 |
| 12/01/2024 |
If you would invest 0.00 in Shinhan Financial on September 2, 2024 and sell it all today you would earn a total of 0.00 from holding Shinhan Financial Group or generate 0.0% return on investment in Shinhan Financial over 90 days. Shinhan Financial is related to or competes with Community West, First Financial, Ponce Financial, Finwise Bancorp, Magyar Bancorp, Home Federal, and Lake Shore. Shinhan Financial Group Co., Ltd. provides financial products and services in South Korea and internationally More
Shinhan Financial Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Shinhan Financial's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Shinhan Financial Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 13.76 | |||
| Value At Risk | (3.84) | |||
| Potential Upside | 3.28 |
Shinhan Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shinhan Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shinhan Financial's standard deviation. In reality, there are many statistical measures that can use Shinhan Financial historical prices to predict the future Shinhan Financial's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.54) | |||
| Treynor Ratio | (0.18) |
Shinhan Financial Backtested Returns
Shinhan Financial owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0464, which indicates the firm had a -0.0464% return per unit of risk over the last 3 months. Shinhan Financial Group exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shinhan Financial's Coefficient Of Variation of (1,582), variance of 5.26, and Risk Adjusted Performance of (0.04) to confirm the risk estimate we provide. The entity has a beta of 0.88, which indicates possible diversification benefits within a given portfolio. Shinhan Financial returns are very sensitive to returns on the market. As the market goes up or down, Shinhan Financial is expected to follow. At this point, Shinhan Financial has a negative expected return of -0.11%. Please make sure to validate Shinhan Financial's accumulation distribution, and the relationship between the value at risk and day typical price , to decide if Shinhan Financial performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.13 |
Insignificant reverse predictability
Shinhan Financial Group has insignificant reverse predictability. Overlapping area represents the amount of predictability between Shinhan Financial time series from 2nd of September 2024 to 17th of October 2024 and 17th of October 2024 to 1st of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Shinhan Financial price movement. The serial correlation of -0.13 indicates that less than 13.0% of current Shinhan Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 1.0 |
Shinhan Financial lagged returns against current returns
Autocorrelation, which is Shinhan Financial stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Shinhan Financial's stock expected returns. We can calculate the autocorrelation of Shinhan Financial returns to help us make a trade decision. For example, suppose you find that Shinhan Financial has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Shinhan Financial regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Shinhan Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shinhan Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shinhan Financial stock over time.
Current vs Lagged Prices |
| Timeline |
Shinhan Financial Lagged Returns
When evaluating Shinhan Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shinhan Financial stock have on its future price. Shinhan Financial autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Shinhan Financial autocorrelation shows the relationship between Shinhan Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Shinhan Financial Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Shinhan Financial is a strong investment it is important to analyze Shinhan Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Shinhan Financial's future performance. For an informed investment choice regarding Shinhan Stock, refer to the following important reports:Check out Shinhan Financial Correlation, Shinhan Financial Volatility and Shinhan Financial Alpha and Beta module to complement your research on Shinhan Financial. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Shinhan Financial technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.