Shinhan Financial (Korea) Price on March 6, 2024

055550 Stock   49,950  750.00  1.48%   
If you're considering investing in Shinhan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shinhan Financial stands at 49,950, as last reported on the 11th of December 2024, with the highest price reaching 50,700 and the lowest price hitting 49,800 during the day. Shinhan Financial owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0294, which indicates the firm had a -0.0294% return per unit of risk over the last 3 months. Shinhan Financial Group exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shinhan Financial's Coefficient Of Variation of (2,062), risk adjusted performance of (0.03), and Variance of 7.29 to confirm the risk estimate we provide.
  
Shinhan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0294

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Estimated Market Risk

 2.7
  actual daily
24
76% of assets are more volatile

Expected Return

 -0.08
  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.

Shinhan Financial Valuation on March 6, 2024

It is possible to determine the worth of Shinhan Financial on a given historical date. On March 6, 2024 Shinhan was worth 42750.74 at the beginning of the trading date compared to the closed value of 44154.78. 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
  43,235    43,913    42,654    42,654    3,116,406  
03/06/2024
  42,751    44,203    42,751    44,155    2,459,149  
  43,380    44,494    42,944    43,961    12,779,530  
Backtest Shinhan Financial  |  Shinhan Financial History  |  Shinhan Financial Valuation   PreviousNext  
Open Value
42750.74
42,743
Downside
44154.78
Closing Value
42,759
Upside

Shinhan Financial Trading Date Momentum on March 6, 2024

On March 07 2024 Shinhan Financial Group was traded for  43,961  at the closing time. The highest price during the trading period was 44,494  and the lowest recorded bid was listed for  42,944 . The volume for the day was 12.8 M. This history from March 7, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.44% . The trading price change to the current price is 8.66% .

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

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
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Shinhan Financial Group cannot be verified against its exchange. Please verify the symbol is currently traded on KOSDAQ. 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 December 11, 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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