Shinhan Financial Group Stock Price on December 31, 2022

SHG Stock  USD 40.26  0.95  2.42%   
Below is the normalized historical share price chart for Shinhan Financial Group extending back to September 16, 2003. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Shinhan Financial stands at 40.26, as last reported on the 28th of November, with the highest price reaching 40.42 and the lowest price hitting 39.65 during the day.
IPO Date
16th of September 2003
200 Day MA
37.4878
50 Day MA
40.972
Beta
0.607
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Shinhan Stock, it is important to understand the factors that can impact its price. Shinhan Financial owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0258, which indicates the firm had a -0.0258% return per unit of risk over the last 3 months. Shinhan Financial Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shinhan Financial's Coefficient Of Variation of (1,118), risk adjusted performance of (0.06), and Variance of 5.16 to confirm the risk estimate we provide.
  
At this time, Shinhan Financial's Other Stockholder Equity is most likely to increase significantly in the upcoming years. The Shinhan Financial's current Stock Based Compensation is estimated to increase to about 12.5 B, while Total Stockholder Equity is projected to decrease to roughly 27.7 T. . At this time, Shinhan Financial's Price To Operating Cash Flows Ratio is most likely to slightly grow in the upcoming years. The Shinhan Financial's current Price Cash Flow Ratio is estimated to increase to 11.23, while Price Earnings To Growth Ratio is forecasted to increase to (0.84). Shinhan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0258

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Estimated Market Risk

 2.28
  actual daily
20
80% of assets are more volatile

Expected Return

 -0.06
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Shinhan Financial is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Shinhan Financial by adding Shinhan Financial to a well-diversified portfolio.
Price Book
0.4981
Price Sales
0.0013
Shares Float
417.9 M
Dividend Share
3.2 K
Wall Street Target Price
52.3077

Shinhan Financial Valuation on December 31, 2022

It is possible to determine the worth of Shinhan Financial on a given historical date. On December 31, 2022 Shinhan was worth 25.63 at the beginning of the trading date compared to the closed value of 25.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shinhan Financial stock. Still, in general, we apply an absolute valuation method to find Shinhan Financial's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Shinhan Financial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shinhan Financial's related companies.
 Open High Low Close Volume
  25.79    25.79    25.56    25.70    81,982  
12/30/2022
  25.63    25.73    25.44    25.52    69,291  
  25.25    25.36    24.90    25.11    122,859  
Backtest Shinhan Financial  |  Shinhan Financial History  |  Shinhan Financial Valuation   PreviousNext  
Open Value
25.63
25.52
Closing Value
32.47
Upside

Shinhan Financial Trading Date Momentum on December 31, 2022

On January 03 2023 Shinhan Financial Group was traded for  25.11  at the closing time. Highest Shinhan Financial's price during the trading hours was 25.36  and the lowest price during the day was  24.90 . The net volume was 122.9 K. The overall trading history on the 3rd of January contributed to the next trading period price depreciation. The trading price change to the next next day price was 1.61% . The trading price change to current price is 15.75% .

Shinhan Financial Fundamentals Correlations and Trends

By evaluating Shinhan Financial's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Shinhan Financial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shinhan financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Shinhan Financial Stock history

Shinhan Financial investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Shinhan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shinhan Financial will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Shinhan Financial stock prices may prove useful in developing a viable investing in Shinhan Financial
Last ReportedProjected for Next Year
Common Stock Shares Outstanding519.2 M487.3 M
Net Income Applicable To Common Shares5.2 T5.4 T

Shinhan Financial Stock Technical Analysis

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.
A focus of Shinhan Financial technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Shinhan Financial trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Shinhan Financial Period Price Range

Low
November 28, 2024
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High

 0.00 

     

 0.00 

Shinhan Financial Group cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Shinhan Financial November 28, 2024 Market Strength

Market strength 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 undertsting and applying Shinhan Financial stock market strength indicators, traders can identify Shinhan Financial Group entry and exit signals to maximize returns

Shinhan Financial Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Shinhan Financial's price direction in advance. Along with the technical and fundamental analysis of Shinhan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shinhan to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Shinhan Stock analysis

When running Shinhan Financial's price analysis, check to measure Shinhan Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shinhan Financial is operating at the current time. Most of Shinhan Financial's value examination focuses on studying past and present price action to predict the probability of Shinhan Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shinhan Financial's price. Additionally, you may evaluate how the addition of Shinhan Financial to your portfolios can decrease your overall portfolio volatility.
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