Shinhan Financial Group Stock Pattern Recognition Tasuki Gap

SHG Stock  USD 35.88  0.63  1.79%   
Shinhan Financial pattern recognition tool provides the execution environment for running the Tasuki Gap recognition and other technical functions against Shinhan Financial. Shinhan Financial value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of pattern recognition indicators. As with most other technical indicators, the Tasuki Gap recognition function is designed to identify and follow existing trends. Shinhan Financial momentum indicators are usually used to generate trading rules based on assumptions that Shinhan Financial trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was seven with a total number of output elements of fifty-four. The function generated a total of one valid pattern recognition events for the selected time horizon. The Tasuki Gap pattern shows Shinhan Financial continuation trend for either bearish or bullish conditions.

Shinhan Financial Technical Analysis Modules

Most technical analysis of Shinhan Financial help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Shinhan from various momentum indicators to cycle indicators. When you analyze Shinhan charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Shinhan Financial Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Shinhan Financial Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Shinhan Financial Group based on widely used predictive technical indicators. In general, we focus on analyzing Shinhan Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Shinhan Financial's daily price indicators and compare them against related drivers, such as pattern recognition and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Shinhan Financial's intrinsic value. In addition to deriving basic predictive indicators for Shinhan Financial, we also check how macroeconomic factors affect Shinhan Financial price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Dividend Yield0.0620.08470.07150.0751
Price To Sales Ratio0.90.811.441.93
Hype
Prediction
LowEstimatedHigh
33.4535.8638.27
Details
Intrinsic
Valuation
LowRealHigh
32.2834.6937.10
Details
Naive
Forecast
LowNextHigh
31.0333.4435.85
Details
1 Analysts
Consensus
LowTargetHigh
28.7031.5435.01
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Shinhan Financial. Your research has to be compared to or analyzed against Shinhan Financial's peers to derive any actionable benefits. When done correctly, Shinhan Financial's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Shinhan Financial.

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As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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Trending Themes

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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 World Market Map to better understand how to build diversified portfolios, which includes a position in Shinhan Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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
6.09
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.