Banco Santander (Brazil) Market Value
| SANB3 Stock | BRL 11.77 0.49 4.00% |
| 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.
| 01/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in Banco Santander on January 9, 2023 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 690 days. Banco Santander is related to or competes with Itasa Investimentos, Banco Do, Banco Do, Banco Da, BRB Banco, Banestes, and Banco Mercantil. Banco Santander S.A. provides commercial banking products and services to individuals, small and medium enterprises, and... 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.
| Information Ratio | (0.36) | |||
| Maximum Drawdown | 7.5 | |||
| Value At Risk | (2.73) | |||
| Potential Upside | 0.9511 |
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 | (0.19) | |||
| Jensen Alpha | (0.38) | |||
| Total Risk Alpha | (0.54) | |||
| Treynor Ratio | (1.06) |
Banco Santander SA Backtested Returns
Banco Santander SA secures Sharpe Ratio (or Efficiency) of -0.26, which signifies that the company had a -0.26% return per unit of risk over the last 3 months. Banco Santander SA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Banco Santander's Mean Deviation of 0.9251, standard deviation of 1.28, and Risk Adjusted Performance of (0.19) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.32, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Banco Santander's returns are expected to increase less than the market. However, during the bear market, the loss of holding Banco Santander is expected to be smaller as well. At this point, Banco Santander SA has a negative expected return of -0.34%. Please make sure to confirm Banco Santander's potential upside, kurtosis, and the relationship between the maximum drawdown and skewness , to decide if Banco Santander SA performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.28 |
Weak reverse predictability
Banco Santander SA has weak reverse predictability. Overlapping area represents the amount of predictability between Banco Santander time series from 9th of January 2023 to 20th of December 2023 and 20th of December 2023 to 29th of November 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 -0.28 indicates that nearly 28.0% of current Banco Santander price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.46 |
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 |
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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 Tools for Banco Stock Analysis
When running Banco Santander's price analysis, check to measure Banco Santander'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 Banco Santander is operating at the current time. Most of Banco Santander's value examination focuses on studying past and present price action to predict the probability of Banco Santander's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Banco Santander's price. Additionally, you may evaluate how the addition of Banco Santander to your portfolios can decrease your overall portfolio volatility.