SANTANDER HOLDINGS USA Market Value
| 80282KAZ9 | 97.01 0.01 0.01% |
| Symbol | SANTANDER |
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 SANTANDER's bond 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 SANTANDER.
| 06/17/2024 |
| 12/14/2024 |
If you would invest 0.00 in SANTANDER on June 17, 2024 and sell it all today you would earn a total of 0.00 from holding SANTANDER HOLDINGS USA or generate 0.0% return on investment in SANTANDER over 180 days. SANTANDER is related to or competes with Kontoor Brands, Comstock Holding, Victorias Secret, MGIC Investment, Lululemon Athletica, and SEI Investments. More
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 SANTANDER's bond 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 SANTANDER HOLDINGS USA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.08 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 8.13 | |||
| Value At Risk | (0.37) | |||
| Potential Upside | 0.5361 |
SANTANDER Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SANTANDER's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SANTANDER's standard deviation. In reality, there are many statistical measures that can use SANTANDER historical prices to predict the future SANTANDER's volatility.| Risk Adjusted Performance | 0.0048 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | (0.07) |
SANTANDER HOLDINGS USA Backtested Returns
SANTANDER HOLDINGS USA owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0061, which indicates the bond had a -0.0061% return per unit of standard deviation over the last 3 months. SANTANDER HOLDINGS USA exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SANTANDER's Downside Deviation of 1.08, market risk adjusted performance of (0.06), and Risk Adjusted Performance of 0.0048 to confirm the risk estimate we provide. The entity has a beta of 0.11, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SANTANDER's returns are expected to increase less than the market. However, during the bear market, the loss of holding SANTANDER is expected to be smaller as well.
Auto-correlation | -0.27 |
Weak reverse predictability
SANTANDER HOLDINGS USA has weak reverse predictability. Overlapping area represents the amount of predictability between SANTANDER time series from 17th of June 2024 to 15th of September 2024 and 15th of September 2024 to 14th 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 SANTANDER HOLDINGS USA price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current SANTANDER price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.27 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
SANTANDER HOLDINGS USA lagged returns against current returns
Autocorrelation, which is SANTANDER bond'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 SANTANDER's bond expected returns. We can calculate the autocorrelation of SANTANDER returns to help us make a trade decision. For example, suppose you find that SANTANDER has exhibited high autocorrelation historically, and you observe that the bond 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 |
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 SANTANDER bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SANTANDER bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SANTANDER bond over time.
Current vs Lagged Prices |
| Timeline |
SANTANDER Lagged Returns
When evaluating SANTANDER's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SANTANDER bond have on its future price. 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, SANTANDER autocorrelation shows the relationship between SANTANDER bond current value and its past values and can show if there is a momentum factor associated with investing in SANTANDER HOLDINGS USA.
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.Other Information on Investing in SANTANDER Bond
SANTANDER financial ratios help investors to determine whether SANTANDER Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SANTANDER with respect to the benefits of owning SANTANDER security.