Banco Santander Correlations
| BSDK Stock | EUR 6.35 0.15 2.31% |
The current 90-days correlation between Banco Santander SA and ARDAGH METAL PACDL 0001 is 0.02 (i.e., Significant diversification). The correlation of Banco Santander is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Banco Santander Correlation With Market
Modest diversification
The correlation between Banco Santander SA and DJI is 0.2 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Banco Santander SA and DJI in the same portfolio, assuming nothing else is changed.
Banco |
The ability to find closely correlated positions to Banco Santander could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Banco Santander when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Banco Santander - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Banco Santander SA to buy it.
Moving together with Banco Stock
| 0.82 | ICKB | INDCOMMBK CHINA ADR20 Earnings Call Tomorrow | PairCorr |
| 0.67 | ICK | Industrial and Commercial Earnings Call Tomorrow | PairCorr |
| 0.87 | C6TB | CHINA BANK ADR20 Earnings Call This Week | PairCorr |
| 0.86 | EK7A | AGRICULTBK HADR/25 Earnings Call This Week | PairCorr |
| 0.94 | W8VS | BANK OCHINA H Earnings Call This Week | PairCorr |
| 0.66 | TDB | Toronto Dominion | PairCorr |
| 0.68 | ODQ | ODYSSEY GOLD LTD | PairCorr |
| 0.93 | SVM | Sovereign Metals | PairCorr |
| 0.83 | GOC | Star Diamond Earnings Call Today | PairCorr |
| 0.91 | KB9 | KBC Ancora SCA | PairCorr |
| 0.9 | SOBA | ATT Inc | PairCorr |
| 0.71 | NMM | Newmont | PairCorr |
| 0.68 | MN4 | MANAS RES | PairCorr |
| 0.94 | SNK | Sankyu Inc | PairCorr |
| 0.98 | KONN | Komercn banka as | PairCorr |
| 0.65 | 92K | K92 Mining Earnings Call This Week | PairCorr |
| 0.88 | BRH | Berkshire Hathaway | PairCorr |
| 0.89 | TLLB | Trelleborg AB | PairCorr |
| 0.84 | PEH | PEH WERTPAPIER | PairCorr |
| 0.91 | BSN | Danone SA | PairCorr |
| 0.88 | DUBA | DRDGold | PairCorr |
| 0.9 | B4B3 | Metro AG | PairCorr |
| 0.63 | 6BW | BW ENERGY LTD | PairCorr |
| 0.91 | JYS1 | JYSKE BANK | PairCorr |
| 0.75 | ROM | Rohm Co | PairCorr |
| 0.84 | BTQ | BT Group plc | PairCorr |
| 0.86 | ROI | Rosenbauer International | PairCorr |
| 0.89 | TKA | thyssenkrupp AG | PairCorr |
Moving against Banco Stock
| 0.53 | 8VY | SCANDION ONC DK | PairCorr |
| 0.31 | CWW0 | COMMONWBK AUSTRSPADRS | PairCorr |
| 0.95 | DBPD | Xtrackers ShortDAX | PairCorr |
| 0.36 | T9V | TASTY PLC LS | PairCorr |
| 0.33 | TTO | TTL Beteiligungs und | PairCorr |
Related Correlations Analysis
| -0.35 | 0.0 | -0.59 | 0.43 | 0.38 | 0.42 | 7JZ | ||
| -0.35 | 0.0 | 0.64 | -0.26 | -0.5 | -0.56 | UM3 | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | NUC | ||
| -0.59 | 0.64 | 0.0 | -0.4 | -0.63 | -0.67 | WCLA | ||
| 0.43 | -0.26 | 0.0 | -0.4 | 0.12 | 0.12 | EA1 | ||
| 0.38 | -0.5 | 0.0 | -0.63 | 0.12 | 0.88 | RE3 | ||
| 0.42 | -0.56 | 0.0 | -0.67 | 0.12 | 0.88 | LGLG | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between Banco Stock performing well and Banco Santander Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Banco Santander's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 7JZ | 2.74 | (0.15) | 0.00 | 0.11 | 0.00 | 7.11 | 26.48 | |||
| UM3 | 2.21 | 0.19 | 0.09 | (1.14) | 2.59 | 7.47 | 14.87 | |||
| NUC | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| WCLA | 2.22 | 0.43 | 0.17 | 4.99 | 2.40 | 5.71 | 14.25 | |||
| EA1 | 2.63 | (0.04) | 0.00 | 0.05 | 0.00 | 7.91 | 21.13 | |||
| RE3 | 1.51 | (0.27) | 0.00 | 5.32 | 0.00 | 2.63 | 15.15 | |||
| LGLG | 1.55 | (0.19) | 0.00 | 0.16 | 0.00 | 3.51 | 13.65 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Banco Santander without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Portfolio Center Now
Portfolio CenterAll portfolio management and optimization tools to improve performance of your portfolios |
| All Next | Launch Module |
Banco Santander Corporate Management
Elected by the shareholders, the Banco Santander's board of directors comprises two types of representatives: Banco Santander inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Banco. The board's role is to monitor Banco Santander's management team and ensure that shareholders' interests are well served. Banco Santander's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Banco Santander's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Jose GarciaCantera | EVP Officer | Profile | |
| Marjolein HellemondtGerdingh | Group EVP | Profile | |
| Sergio Martnez | Global Relations | Profile | |
| Dirk Marzluf | EVP Operations | Profile | |
| Jose Alvarez | CEO Chairman | Profile | |
| Jose GilGallardo | Head Devel | Profile | |
| Ana OShea | Group Chairwoman | Profile |