Banco Santander (Brazil) Market Value
| BCSA34 Stock | BRL 29.12 0.02 0.07% |
| Symbol | Banco |
Banco Santander 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Banco Santander's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Banco Santander.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Banco Santander on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Banco Santander SA or generate 0.0% return on investment in Banco Santander over 30 days. Banco Santander is related to or competes with Palantir Technologies, Southwest Airlines, Uber Technologies, Unity Software, Agilent Technologies, and Spotify Technology. More
Banco Santander Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Banco Santander's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Banco Santander SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.3 | |||
| Information Ratio | 0.0324 | |||
| Maximum Drawdown | 14.98 | |||
| Value At Risk | (3.57) | |||
| Potential Upside | 3.27 |
Banco Santander Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Banco Santander's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Banco Santander's standard deviation. In reality, there are many statistical measures that can use Banco Santander historical prices to predict the future Banco Santander's volatility.| Risk Adjusted Performance | 0.0707 | |||
| Jensen Alpha | 0.1996 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0312 | |||
| Treynor Ratio | (1.59) |
Banco Santander SA Backtested Returns
At this point, Banco Santander is very steady. Banco Santander SA secures Sharpe Ratio (or Efficiency) of 0.0829, which signifies that the company had a 0.0829% return per unit of risk over the last 3 months. We have found thirty technical indicators for Banco Santander SA, which you can use to evaluate the volatility of the firm. Please confirm Banco Santander's Downside Deviation of 2.3, risk adjusted performance of 0.0707, and Mean Deviation of 1.36 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%. Banco Santander has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Banco Santander are expected to decrease at a much lower rate. During the bear market, Banco Santander is likely to outperform the market. Banco Santander SA right now shows a risk of 2.25%. Please confirm Banco Santander SA total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if Banco Santander SA will be following its price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
Banco Santander SA has no correlation between past and present. Overlapping area represents the amount of predictability between Banco Santander time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Banco Santander SA price movement. The serial correlation of 0.0 indicates that just 0.0% of current Banco Santander price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 1.19 |
Banco Santander SA lagged returns against current returns
Autocorrelation, which is Banco Santander stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Banco Santander's stock expected returns. We can calculate the autocorrelation of Banco Santander returns to help us make a trade decision. For example, suppose you find that Banco Santander has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Banco Santander regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Banco Santander stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Banco Santander stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Banco Santander stock over time.
Current vs Lagged Prices |
| Timeline |
Banco Santander Lagged Returns
When evaluating Banco Santander's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Banco Santander stock have on its future price. Banco Santander autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Banco Santander autocorrelation shows the relationship between Banco Santander stock current value and its past values and can show if there is a momentum factor associated with investing in Banco Santander SA.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in Banco Stock
When determining whether Banco Santander SA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Banco Santander's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Banco Santander Sa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Banco Santander Sa Stock:Check out Banco Santander Correlation, Banco Santander Volatility and Banco Santander Alpha and Beta module to complement your research on Banco Santander. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Banco Santander 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.