Shinhan Financial (Korea) Probability of Future Stock Price Finishing Under 40,046
| 055550 Stock | 53,000 500.00 0.93% |
Shinhan |
Shinhan Financial Target Price Odds to finish below 40,046
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 move below current price in 90 days |
| 53,000 | 90 days | 53,000 | nearly 4.2 |
Based on a normal probability distribution, the odds of Shinhan Financial to move below current price in 90 days from now is nearly 4.2 (This Shinhan Financial Group probability density function shows the probability of Shinhan Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Shinhan Financial has a beta of 0.62. This suggests as returns on the market go up, Shinhan Financial average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Shinhan Financial Group will be expected to be much smaller as well. 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 | -0.21 | |
β | Beta against Dow Jones | 0.62 | |
σ | Overall volatility | 1,631 | |
Ir | Information ratio | -0.1 |
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 | |
| Shinhan Financial generates negative cash flow from operations |
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 | 516.6 M |
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 | |
| Shinhan Financial generates negative cash flow from operations |
Additional Information and Resources on Investing in Shinhan Stock
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 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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.