BANCO SANTANDER SA Market Value

05971KAC3   91.22  2.78  2.96%   
BANCO's market value is the price at which a share of BANCO trades on an exchange. It measures the collective expectations of BANCO SANTANDER SA investors about the bond's future performance. With this module, you can estimate the performance of a buy and hold strategy of BANCO SANTANDER SA and determine expected loss or profit from investing in BANCO over a given investment horizon.
Check out BANCO Correlation, BANCO Volatility and BANCO Alpha and Beta module to complement your research on BANCO.
Symbol

Please note, there is a significant difference between BANCO's value and its price as these two are different measures arrived at by different means. Investors typically determine if BANCO is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BANCO's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

BANCO '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'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 BANCO.
0.00
07/20/2023
No Change 0.00  0.0 
In 1 year 4 months and 25 days
12/11/2024
0.00
If you would invest  0.00  in BANCO on July 20, 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 over 510 days. BANCO is related to or competes with KLA Tencor, Valens, Bassett Furniture, MACOM Technology, and Smith Douglas. BANCO is entity of United States. It is traded as Bond on Bond exchange. More

BANCO 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'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 BANCO SANTANDER SA upside and downside potential and time the market with a certain degree of confidence.

BANCO Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for BANCO's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BANCO's standard deviation. In reality, there are many statistical measures that can use BANCO historical prices to predict the future BANCO's volatility.
Hype
Prediction
LowEstimatedHigh
90.7091.2291.74
Details
Intrinsic
Valuation
LowRealHigh
86.8787.39100.34
Details
Naive
Forecast
LowNextHigh
89.2089.7290.24
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
90.5793.1395.68
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as BANCO. Your research has to be compared to or analyzed against BANCO's peers to derive any actionable benefits. When done correctly, BANCO's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in BANCO SANTANDER SA.

BANCO SANTANDER SA Backtested Returns

BANCO SANTANDER SA secures Sharpe Ratio (or Efficiency) of -0.18, which signifies that the bond had a -0.18% return per unit of risk over the last 3 months. BANCO SANTANDER SA exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BANCO's Mean Deviation of 0.3621, variance of 0.6972, and Coefficient Of Variation of (1,629) to double-check the risk estimate we provide. The entity shows a Beta (market volatility) of -0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning BANCO are expected to decrease at a much lower rate. During the bear market, BANCO is likely to outperform the market.

Auto-correlation

    
  0.62  

Good predictability

BANCO SANTANDER SA has good predictability. Overlapping area represents the amount of predictability between BANCO time series from 20th of July 2023 to 31st of March 2024 and 31st of March 2024 to 11th 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 0.62 indicates that roughly 62.0% of current BANCO price fluctuation can be explain by its past prices.
Correlation Coefficient0.62
Spearman Rank Test0.46
Residual Average0.0
Price Variance3.27

BANCO SANTANDER SA lagged returns against current returns

Autocorrelation, which is BANCO 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 BANCO's bond expected returns. We can calculate the autocorrelation of BANCO returns to help us make a trade decision. For example, suppose you find that BANCO 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  

BANCO 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 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BANCO bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BANCO bond over time.
   Current vs Lagged Prices   
       Timeline  

BANCO Lagged Returns

When evaluating BANCO's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BANCO bond have on its future price. BANCO 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 autocorrelation shows the relationship between BANCO bond 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.

Other Information on Investing in BANCO Bond

BANCO financial ratios help investors to determine whether BANCO 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 BANCO with respect to the benefits of owning BANCO security.