Shinhan Financial Group Stock Alpha and Beta Analysis
| SHG Stock | USD 38.86 0.28 0.73% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Shinhan Financial Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in Shinhan Financial over a specified time horizon. Remember, high Shinhan Financial's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Shinhan Financial's market risk premium analysis include:
Beta 0.88 | Alpha (0.27) | Risk 2.32 | Sharpe Ratio (0.05) | Expected Return (0.11) |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Shinhan |
Shinhan Financial Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Shinhan Financial market risk premium is the additional return an investor will receive from holding Shinhan Financial long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Shinhan Financial. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Shinhan Financial's performance over market.| α | -0.27 | β | 0.88 |
Shinhan Financial expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Shinhan Financial's Buy-and-hold return. Our buy-and-hold chart shows how Shinhan Financial performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Shinhan Financial Market Price Analysis
Market price analysis indicators help investors to evaluate how Shinhan Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shinhan Financial shares will generate the highest return on investment. By understating and applying Shinhan Financial stock market price indicators, traders can identify Shinhan Financial position entry and exit signals to maximize returns.
Shinhan Financial Return and Market Media
The median price of Shinhan Financial for the period between Tue, Sep 3, 2024 and Mon, Dec 2, 2024 is 41.43 with a coefficient of variation of 3.63. The daily time series for the period is distributed with a sample standard deviation of 1.49, arithmetic mean of 41.12, and mean deviation of 1.25. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Shinhan Financial Group Third Quarter 2024 Earnings EPS 2,447 | 10/28/2024 |
2 | SHG vs. EBKDY Which Stock Is the Better Value Option | 10/29/2024 |
3 | Shinhan Financial Group Co Ltd Shares Up 4.52 percent on Nov 1 | 11/01/2024 |
4 | Shinhan Financial Group Co Ltd Shares Up 3.3 percent on Nov 7 | 11/07/2024 |
5 | SHG or ITUB Which Is the Better Value Stock Right Now | 11/14/2024 |
6 | Shinhan chief at KCCI meeting | 11/19/2024 |
7 | Leadership changes loom at Woori, NongHyup banks amid scandals | 11/25/2024 |
8 | Shinhan Financial Group Co Ltd Shares Down 3.9 percent on Nov 29 | 11/29/2024 |
About Shinhan Financial Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Shinhan or other stocks. Alpha measures the amount that position in Shinhan Financial has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.062 | 0.0847 | 0.0715 | 0.0751 | Price To Sales Ratio | 0.9 | 0.81 | 1.44 | 1.93 |
Shinhan Financial Upcoming Company Events
As portrayed in its financial statements, the presentation of Shinhan Financial's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Shinhan Financial's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Shinhan Financial's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Shinhan Financial. Please utilize our Beneish M Score to check the likelihood of Shinhan Financial's management manipulating its earnings.
| 4th of March 2024 Upcoming Quarterly Report | View | |
| 25th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 4th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Shinhan Financial
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Shinhan Financial Backtesting, Shinhan Financial Valuation, Shinhan Financial Correlation, Shinhan Financial Hype Analysis, Shinhan Financial Volatility, Shinhan Financial History and analyze Shinhan Financial Performance. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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.