Shinhan Competitors
| SHG Stock | USD 58.55 0.22 0.38% |
Shinhan Financial vs Huntington Bancshares Correlation
Weak diversification
The correlation between Shinhan Financial Group and HBAN is 0.35 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Shinhan Financial Group and HBAN in the same portfolio, assuming nothing else is changed.
Moving together with Shinhan Stock
Moving against Shinhan Stock
At this time, Shinhan Financial's Return On Equity is most likely to slightly decrease in the upcoming years. At this time, Shinhan Financial's Non Currrent Assets Other are most likely to decrease significantly in the upcoming years. The Shinhan Financial's current Total Current Assets is estimated to increase to about 185.7 T, while Intangible Assets are projected to decrease to roughly 802.3 B.Shinhan Financial Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Shinhan Financial and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Shinhan and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Shinhan Financial does not affect the price movement of the other competitor.
| 0.96 | 0.59 | 0.97 | 0.97 | 0.9 | 0.93 | USB | ||
| 0.96 | 0.54 | 0.94 | 0.96 | 0.93 | 0.96 | TFC | ||
| 0.59 | 0.54 | 0.66 | 0.68 | 0.34 | 0.45 | KB | ||
| 0.97 | 0.94 | 0.66 | 0.99 | 0.88 | 0.93 | FITB | ||
| 0.97 | 0.96 | 0.68 | 0.99 | 0.87 | 0.92 | MTB | ||
| 0.9 | 0.93 | 0.34 | 0.88 | 0.87 | 0.96 | FCNCA | ||
| 0.93 | 0.96 | 0.45 | 0.93 | 0.92 | 0.96 | HBAN | ||
Risk-Adjusted Indicators
There is a big difference between Shinhan Stock performing well and Shinhan Financial Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Shinhan Financial's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| USB | 0.90 | 0.24 | 0.18 | 0.82 | 0.84 | 2.52 | 6.01 | |||
| TFC | 0.84 | 0.23 | 0.25 | 0.30 | 0.59 | 2.02 | 5.12 | |||
| KB | 1.42 | 0.19 | 0.10 | 0.30 | 1.53 | 4.61 | 8.71 | |||
| FITB | 1.09 | 0.28 | 0.22 | 0.32 | 0.99 | 2.76 | 9.19 | |||
| MTB | 0.94 | 0.30 | 0.30 | 0.36 | 0.61 | 2.65 | 5.19 | |||
| FCNCA | 1.03 | 0.23 | 0.12 | 0.28 | 1.60 | 2.60 | 12.82 | |||
| HBAN | 1.13 | 0.18 | 0.10 | 0.22 | 1.41 | 2.86 | 10.36 |
Cross Equities Net Income Analysis
Compare Shinhan Financial and related stocks such as US Bancorp, Truist Financial Corp, and KB Financial Group Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| USB | 34.1 M | 4.9 B | 5.6 B | 5.8 B | 5.9 B | 5.9 B | 5.9 B | 6.2 B | 7.1 B | 6.9 B | 5 B | 8 B | 5.8 B | 5.4 B | 6.3 B | 7.6 B | 8 B |
| TFC | 10.3 M | 1.3 B | 2 B | 1.7 B | 2.1 B | 2.1 B | 2.4 B | 2.4 B | 3.2 B | 3.2 B | 4.5 B | 6.4 B | 6.3 B | (1.1 B) | 4.8 B | 5.3 B | 5.6 B |
| KB | 540.7 B | 2.4 T | 1.8 T | 1.3 T | 1.4 T | 1.7 T | 2.1 T | 3.3 T | 3.1 T | 3.3 T | 3.5 T | 4.4 T | 4.1 T | 4.6 T | 5.1 T | 5.8 T | 6.1 T |
| FITB | 44.2 M | 1.3 B | 1.6 B | 1.8 B | 1.5 B | 1.7 B | 1.5 B | 2.2 B | 2.2 B | 2.5 B | 1.4 B | 2.8 B | 2.4 B | 2.3 B | 2.3 B | 2.5 B | 2.6 B |
| MTB | 22.2 M | 859.5 M | 1 B | 1.1 B | 1.1 B | 1.1 B | 1.3 B | 1.4 B | 1.9 B | 1.9 B | 1.4 B | 1.9 B | 2 B | 2.7 B | 2.6 B | 2.9 B | 3 B |
| FCNCA | 28.4 M | 195 M | 132.4 M | 166.9 M | 138.6 M | 210.4 M | 225.5 M | 323.8 M | 400.3 M | 457.4 M | 492 M | 547 M | 1.1 B | 11.5 B | 2.8 B | 2.2 B | 2.3 B |
| HBAN | 52.5 M | 542.6 M | 631.3 M | 641.3 M | 632.4 M | 693 M | 712 M | 1.2 B | 1.4 B | 1.4 B | 817 M | 1.3 B | 2.2 B | 2 B | 1.9 B | 2.2 B | 2.3 B |
Shinhan Financial and related stocks such as US Bancorp, Truist Financial Corp, and KB Financial Group Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Shinhan Financial financial statement analysis. It represents the amount of money remaining after all of Shinhan Financial Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Shinhan Financial Competitive Analysis
The better you understand Shinhan Financial competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Shinhan Financial's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Shinhan Financial's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Shinhan Financial Competition Performance Charts
Five steps to successful analysis of Shinhan Financial Competition
Shinhan Financial's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Shinhan Financial in relation to its competition. Shinhan Financial's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Shinhan Financial in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Shinhan Financial's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Shinhan Financial, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your Shinhan Financial position
In addition to having Shinhan Financial in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Aggressive Funds Thematic Idea Now
Aggressive Funds
Funds or Etfs that attempt to achieve high capital gains by investing in companies with high growth potential and above average risk. The Aggressive Funds theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Aggressive Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Shinhan Financial Correlation with its peers. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Can Diversified Banks industry sustain growth momentum? Does Shinhan have expansion opportunities? 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. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Shinhan Financial demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth 0.141 | Dividend Share 2.2 K | Earnings Share 6.68 | Revenue Per Share | Quarterly Revenue Growth 0.034 |
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. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. 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. Meanwhile, Shinhan Financial's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.