Shin Kong (Taiwan) Today
| 2888A Stock | TWD 28.80 0.15 0.52% |
Performance11 of 100
| Odds Of DistressOver 56
|
Shin Kong is selling for under 28.80 as of the 15th of May 2024; that is -0.52% down since the beginning of the trading day. The stock's last reported lowest price was 28.8. Shin Kong has over 56 % chance of experiencing financial distress in the next 2 years of operation, but had a somewhat good returns during the last 90 days. Equity ratings for Shin Kong Financial are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 15th of April 2024 and ending today, the 15th of May 2024. Click here to learn more.
Shin Kong Financial Holding Co., Ltd., through its subsidiaries, provides a range of financial products and services in Taipei and internationally. Shin Kong Financial Holding Co., Ltd. was founded in 2002 and is headquartered in Taipei City, Taiwan. SHIN KONG operates under InsuranceLife classification in Taiwan and is traded on Taiwan Stock Exchange. More on Shin Kong Financial
Moving against Shin Stock
| 0.61 | 5871 | Chailease Holding | PairCorr |
Follow Valuation Odds of Bankruptcy
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Shin Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Shin Kong's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Shin Kong or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Insurance—Life, Financial Services (View all Sectors) |
Shin Kong Financial (2888A) is traded on Taiwan Stock Exchange in Taiwan and employs 16,859 people. The company operates under Financial Services sector and is part of Insurance—Life industry.
Shin Kong Financial has accumulated about 675.72 B in cash with (50.2 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 51.9, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Shin Kong Probability Of Bankruptcy
Shin Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Shin Kong jumping above the current price in 90 days from now is near 1%. The Shin Kong Financial probability density function shows the probability of Shin Kong stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Shin Kong Financial has a beta of -0.055. This suggests as returns on the benchmark increase, returns on holding Shin Kong are expected to decrease at a much lower rate. During a bear market, however, Shin Kong Financial is likely to outperform the market. Additionally, shin Kong Financial has an alpha of 0.0455, implying that it can generate a 0.0455 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Shin Kong to move above the current price in 90 days from now is near 1 (This Shin Kong Financial probability density function shows the probability of Shin Stock to fall within a particular range of prices over 90 days) .
Shin Kong Financial Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Shin Kong market risk premium is the additional return an investor will receive from holding Shin Kong long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Shin Kong. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Shin Kong's alpha and beta are two of the key measurements used to evaluate Shin Kong's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.5208 | |||
| Semi Deviation | 0.4571 | |||
| Standard Deviation | 0.8303 | |||
| Variance | 0.6894 |
Shin Stock Against Markets
Picking the right benchmark for Shin Kong stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Shin Kong stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Shin Kong is critical whether you are bullish or bearish towards Shin Kong Financial at a given time. Please also check how Shin Kong's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Shin Kong without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Shin Kong Corporate Management
Elected by the shareholders, the Shin Kong's board of directors comprises two types of representatives: Shin Kong inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Shin. The board's role is to monitor Shin Kong's management team and ensure that shareholders' interests are well served. Shin Kong's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Shin Kong's outside directors are responsible for providing unbiased perspectives on the board's policies.
| ChiMing Su | Director | Profile | |
| Stan Lee | VP Officer | Profile | |
| Benson Wu | Director | Profile | |
| Joseph Kao | Chief Compliance Officer | Profile | |
| Ti Kuang | VP Department | Profile | |
| Olivia Wu | Deputy General Manager, Director | Profile | |
| Kang Chih | Chief Officer | Profile |
How to buy Shin Stock?
Before investing in Shin Kong, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Shin Kong. To buy Shin Kong stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Shin Kong. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Shin Kong stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Shin Kong Financial stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Shin Kong Financial stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Shin Kong Financial, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Shin Kong Financial?
The danger of trading Shin Kong Financial is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Shin Kong is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Shin Kong. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Shin Kong Financial is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shin Kong Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Shin Kong Financial information on this page should be used as a complementary analysis to other Shin Kong's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for Shin Stock analysis
When running Shin Kong's price analysis, check to measure Shin Kong'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 Shin Kong is operating at the current time. Most of Shin Kong's value examination focuses on studying past and present price action to predict the probability of Shin Kong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shin Kong's price. Additionally, you may evaluate how the addition of Shin Kong to your portfolios can decrease your overall portfolio volatility.
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