Santander Bank (Poland) Market Value
| SPL Stock | 567.00 22.60 4.15% |
| Symbol | Santander |
Santander Bank '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 Santander Bank'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 Santander Bank.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Santander Bank on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Santander Bank Polska or generate 0.0% return on investment in Santander Bank over 90 days. Santander Bank is related to or competes with Mercator Medical, Quantum Software, Creotech Instruments, and MBank SA. More
Santander Bank 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 Santander Bank'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 Santander Bank Polska upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.1 | |||
| Information Ratio | 0.2082 | |||
| Maximum Drawdown | 8.53 | |||
| Value At Risk | (3.34) | |||
| Potential Upside | 3.53 |
Santander Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Santander Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Santander Bank's standard deviation. In reality, there are many statistical measures that can use Santander Bank historical prices to predict the future Santander Bank's volatility.| Risk Adjusted Performance | 0.1405 | |||
| Jensen Alpha | 0.3273 | |||
| Total Risk Alpha | 0.5151 | |||
| Sortino Ratio | 0.1852 | |||
| Treynor Ratio | 0.6559 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Santander Bank's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Santander Bank Polska Backtested Returns
Santander Bank appears to be very steady, given 3 months investment horizon. Santander Bank Polska owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had a 0.16 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Santander Bank Polska, which you can use to evaluate the volatility of the company. Please review Santander Bank's Semi Deviation of 1.75, coefficient of variation of 644.0, and Risk Adjusted Performance of 0.1405 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Santander Bank holds a performance score of 12. The entity has a beta of 0.43, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Santander Bank's returns are expected to increase less than the market. However, during the bear market, the loss of holding Santander Bank is expected to be smaller as well. Please check Santander Bank's semi variance, and the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Santander Bank's existing price patterns will revert.
Auto-correlation | 0.48 |
Average predictability
Santander Bank Polska has average predictability. Overlapping area represents the amount of predictability between Santander Bank time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Santander Bank Polska price movement. The serial correlation of 0.48 indicates that about 48.0% of current Santander Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 261.85 |
Santander Bank Polska lagged returns against current returns
Autocorrelation, which is Santander Bank 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 Santander Bank's stock expected returns. We can calculate the autocorrelation of Santander Bank returns to help us make a trade decision. For example, suppose you find that Santander Bank 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 |
Santander Bank 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 Santander Bank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Santander Bank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Santander Bank stock over time.
Current vs Lagged Prices |
| Timeline |
Santander Bank Lagged Returns
When evaluating Santander Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Santander Bank stock have on its future price. Santander Bank 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, Santander Bank autocorrelation shows the relationship between Santander Bank stock current value and its past values and can show if there is a momentum factor associated with investing in Santander Bank Polska.
Regressed Prices |
| Timeline |
Pair Trading with Santander Bank
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Santander Bank position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Santander Bank will appreciate offsetting losses from the drop in the long position's value.Moving together with Santander Stock
| 0.89 | UCG | UniCredit SpA | PairCorr |
| 0.98 | PEO | Bank Polska Kasa | PairCorr |
| 0.93 | ING | ING Bank lski | PairCorr |
| 0.97 | MBK | mBank SA | PairCorr |
The ability to find closely correlated positions to Santander Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Santander Bank 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 Santander Bank - 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 Santander Bank Polska to buy it.
The correlation of Santander Bank 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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Santander Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Santander Bank Polska moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Santander Bank can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Santander Stock Analysis
When running Santander Bank's price analysis, check to measure Santander Bank'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 Santander Bank is operating at the current time. Most of Santander Bank's value examination focuses on studying past and present price action to predict the probability of Santander Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Santander Bank's price. Additionally, you may evaluate how the addition of Santander Bank to your portfolios can decrease your overall portfolio volatility.