PokéBase - Pokémon Q&A
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I didn’t see this on the site. I’m considering moving over to Masuda

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While the standard encounter rate for a Shiny Pokémon (either in the wild or by breeding) is 1/8192 from Generation II to Generation V and 1/4096 in Generation VI onwards, the Masuda method multiplies this rate by 5 (to 5/8192 or about 1/1638) in Generation IV, by 6 (to 6/8192 or about 1/1365) in Generation V, and by 6 (to 6/4096, or 1/683) from Generation VI onwards.

Significantly lower than the later games, but still very good chances.

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Hope I helped, and good luck with your hunts!

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