Banco Santander Jensen Alpha
| BCDRF Pink Sheet | | | USD 12.16 0.24 2.01% |
The Jensen Alpha profile for Banco Santander below includes current and historical values with sector peer benchmarks. Interpretation benefits from evaluating the reading alongside sector peer values and recent history. Context for Banco Santander is enhanced by combining
Banco Santander Volatility with
Banco Santander Price History.
Current Jensen Alpha Value
At 0.0135, Banco Santander exhibits positive alpha — return above what market exposure alone would predict in Jensen Alpha. Banco Santander has generated modest excess return beyond what its systematic risk exposure explains.
Jensen Alpha | = | ER[a] - RFR * (1-BETA) | - | BETA * ER[b]) |
| = | 0.0135 | |
| ER[a] | = | Expected return on investing in Banco Santander |
| ER[b] | = | Expected return on market index or selected benchmark |
| BETA | = | Beta coefficient between Banco Santander and the market |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Jensen Alpha Peers Comparison
Among sector peers, Banco Santander's Jensen Alpha of 0.0135 is above the 0.0 group average. The range runs from -0.2485 (China Life Insurance) to 0.2317 (Bank of China). Banco Santander has generated more excess return relative to its market exposure than the peer group average.
Jensen Alpha Relative To Other Indicators
The chart below plots Jensen Alpha against Maximum Drawdown for Banco Santander and its peers. Each point represents one equity — position along the horizontal axis shows Jensen Alpha while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
Banco Santander records a Jensen Alpha of
0.01 and a Maximum Drawdown of
21.34 , yielding roughly
1,581 units of Maximum Drawdown per Jensen Alpha. This indicates Maximum Drawdown substantially exceeds Jensen Alpha for Banco Santander.
Methodology, Assumptions & Data Sources
Banco Santander has a current Jensen Alpha reading of 0.0135. This Jensen Alpha reading for Banco Santander results from applying the indicator's calculation rules to price and volume data over the selected window. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.
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