Banco Santander (Spain) Probability of Future Stock Price Finishing Under 4.41
| SAN Stock | EUR 4.38 0.01 0.23% |
Banco |
Banco Santander Target Price Odds to finish below 4.41
The tendency of Banco Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under € 4.41 after 90 days |
| 4.38 | 90 days | 4.41 | about 42.35 |
Based on a normal probability distribution, the odds of Banco Santander to stay under € 4.41 after 90 days from now is about 42.35 (This Banco Santander probability density function shows the probability of Banco Stock to fall within a particular range of prices over 90 days) . Probability of Banco Santander price to stay between its current price of € 4.38 and € 4.41 at the end of the 90-day period is about 10.31 .
Assuming the 90 days trading horizon Banco Santander has a beta of -0.26. This usually implies as returns on the benchmark increase, returns on holding Banco Santander are expected to decrease at a much lower rate. During a bear market, however, Banco Santander is likely to outperform the market. Additionally Banco Santander has an alpha of 0.03, implying that it can generate a 0.03 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Banco Santander Price Density |
| Price |
Predictive Modules for Banco Santander
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Banco Santander. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Banco Santander Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Banco Santander is not an exception. The market had few large corrections towards the Banco Santander's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Banco Santander, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Banco Santander within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | -0.26 | |
σ | Overall volatility | 0.11 | |
Ir | Information ratio | -0.08 |
Banco Santander Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Banco Stock often depends not only on the future outlook of the current and potential Banco Santander's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Banco Santander's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 16.8 B |
Banco Santander Technical Analysis
Banco Santander's future price can be derived by breaking down and analyzing its technical indicators over time. Banco Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Banco Santander. In general, you should focus on analyzing Banco Stock price patterns and their correlations with different microeconomic environments and drivers.
Banco Santander Predictive Forecast Models
Banco Santander's time-series forecasting models is one of many Banco Santander's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Banco Santander's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Banco Santander in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Banco Santander's short interest history, or implied volatility extrapolated from Banco Santander options trading.
Other Information on Investing in Banco Stock
Banco Santander financial ratios help investors to determine whether Banco Stock 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 Santander security.