Shinhan Financial Group Stock Beta
| 055550 Stock | 54,300 2,100 3.72% |
Shinhan Financial Group fundamentals help investors to digest information that contributes to Shinhan Financial's financial success or failures. It also enables traders to predict the movement of Shinhan Stock. The fundamental analysis module provides a way to measure Shinhan Financial's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Shinhan Financial stock.
Shinhan |
Shinhan Financial Group Company Beta Analysis
Shinhan Financial's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Shinhan Financial Beta | 0.66 |
Most of Shinhan Financial's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Shinhan Financial Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Shinhan Financial Group has a Beta of 0.6613. This is 19.35% lower than that of the Banks sector and significantly higher than that of the Financials industry. The beta for all Republic of Korea stocks is notably lower than that of the firm.
Shinhan Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Shinhan Financial's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Shinhan Financial could also be used in its relative valuation, which is a method of valuing Shinhan Financial by comparing valuation metrics of similar companies.Shinhan Financial is currently under evaluation in beta category among its peers.
As returns on the market increase, Shinhan Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shinhan Financial is expected to be smaller as well.
Shinhan Fundamentals
| Return On Equity | 0.0943 | |||
| Return On Asset | 0.0073 | |||
| Profit Margin | 0.07 % | |||
| Operating Margin | 0.10 % | |||
| Current Valuation | 77.63 T | |||
| Shares Outstanding | 508.78 M | |||
| Shares Owned By Insiders | 5.11 % | |||
| Shares Owned By Institutions | 34.96 % | |||
| Price To Book | 0.41 X | |||
| Price To Sales | 1.40 X | |||
| Revenue | 61.89 T | |||
| Gross Profit | 61.89 T | |||
| Net Income | 4.64 T | |||
| Total Debt | 112.48 T | |||
| Cash Flow From Operations | (25.87 T) | |||
| Earnings Per Share | 2,653 X | |||
| Price To Earnings To Growth | 0.69 X | |||
| Target Price | 51771.0 | |||
| Number Of Employees | 10 | |||
| Beta | 0.66 | |||
| Market Capitalization | 20.07 T | |||
| Total Asset | 648.15 T | |||
| Annual Yield | 0.08 % | |||
| Net Asset | 648.15 T | |||
| Last Dividend Paid | 3460.0 |
About Shinhan Financial Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Shinhan Financial Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shinhan Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shinhan Financial Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Shinhan Financial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Shinhan Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Shinhan Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with Shinhan Stock
The ability to find closely correlated positions to Shinhan Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Shinhan Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Shinhan Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Shinhan Financial Group to buy it.
The correlation of Shinhan Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Shinhan Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Shinhan Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Shinhan Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 Trending Equities 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 nation. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.