SHINHAN FINL (Germany) Probability of Future Stock Price Finishing Under 37.56
| KSF1 Stock | EUR 37.00 0.60 1.60% |
SHINHAN |
SHINHAN FINL Target Price Odds to finish below 37.56
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 stay under € 37.56 after 90 days |
| 37.00 | 90 days | 37.56 | about 72.29 |
Based on a normal probability distribution, the odds of SHINHAN FINL to stay under € 37.56 after 90 days from now is about 72.29 (This SHINHAN FINL ADR1 probability density function shows the probability of SHINHAN Stock to fall within a particular range of prices over 90 days) . Probability of SHINHAN FINL ADR1 price to stay between its current price of € 37.00 and € 37.56 at the end of the 90-day period is about 21.42 .
Assuming the 90 days trading horizon SHINHAN FINL has a beta of 0.38. This indicates as returns on the market go up, SHINHAN FINL average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SHINHAN FINL ADR1 will be expected to be much smaller as well. Additionally SHINHAN FINL ADR1 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 FINL Price Density |
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Predictive Modules for SHINHAN FINL
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 FINL ADR1. 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 FINL Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SHINHAN FINL is not an exception. The market had few large corrections towards the SHINHAN FINL'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 FINL ADR1, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SHINHAN FINL within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.11 | |
β | Beta against Dow Jones | 0.38 | |
σ | Overall volatility | 0.98 | |
Ir | Information ratio | -0.08 |
SHINHAN FINL 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 FINL for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SHINHAN FINL ADR1 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 FINL ADR1 generated a negative expected return over the last 90 days | |
| SHINHAN FINL ADR1 has accumulated about 13.22 B in cash with (12.13 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 27.9. |
SHINHAN FINL Technical Analysis
SHINHAN FINL'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 FINL ADR1. In general, you should focus on analyzing SHINHAN Stock price patterns and their correlations with different microeconomic environments and drivers.
SHINHAN FINL Predictive Forecast Models
SHINHAN FINL's time-series forecasting models is one of many SHINHAN FINL'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 FINL'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 FINL ADR1
Checking the ongoing alerts about SHINHAN FINL for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SHINHAN FINL ADR1 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SHINHAN FINL ADR1 generated a negative expected return over the last 90 days | |
| SHINHAN FINL ADR1 has accumulated about 13.22 B in cash with (12.13 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 27.9. |
Other Information on Investing in SHINHAN Stock
SHINHAN FINL financial ratios help investors to determine whether SHINHAN Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SHINHAN with respect to the benefits of owning SHINHAN FINL security.