Banco Santander Pink Sheet Forecast - Rate Of Daily Change
| BCDRF Stock | USD 5.05 0.30 5.61% |
Banco Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Banco Santander stock prices and determine the direction of Banco Santander SA's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Banco Santander's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Banco Santander to cross-verify your projections. Banco |
Most investors in Banco Santander cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Banco Santander's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Banco Santander's price structures and extracts relationships that further increase the generated results' accuracy.
Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of Banco Santander.| Previous Rate Of Daily Change | Rate Of Daily Change | Trend |
| 0.94 | 0.94 |
| Check Banco Santander Volatility | Backtest Banco Santander | Information Ratio |
Banco Santander Trading Date Momentum
| On May 04 2024 Banco Santander SA was traded for 5.05 at the closing time. The highest daily price throughout the period was 5.05 and the lowest price was 5.05 . There was no trading activity during the period 0.0. Lack of trading volume on 05/04/2024 did not affect price variability. The overall trading delta to current closing price is 5.94% . |
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
| Compare Banco Santander to competition |
Other Forecasting Options for Banco Santander
For every potential investor in Banco, whether a beginner or expert, Banco Santander's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Banco Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Banco. Basic forecasting techniques help filter out the noise by identifying Banco Santander's price trends.Banco Santander Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Banco Santander pink sheet to make a market-neutral strategy. Peer analysis of Banco Santander could also be used in its relative valuation, which is a method of valuing Banco Santander by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Banco Santander SA Technical and Predictive Analytics
The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Banco Santander's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Banco Santander's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Banco Santander Market Strength Events
Market strength indicators help investors to evaluate how Banco Santander pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Banco Santander shares will generate the highest return on investment. By undertsting and applying Banco Santander pink sheet market strength indicators, traders can identify Banco Santander SA entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.94 | |||
| Day Median Price | 5.05 | |||
| Day Typical Price | 5.05 | |||
| Price Action Indicator | (0.15) | |||
| Period Momentum Indicator | (0.30) | |||
| Relative Strength Index | 58.97 |
Banco Santander Risk Indicators
The analysis of Banco Santander's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Banco Santander's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting banco pink sheet prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.15 | |||
| Semi Deviation | 2.69 | |||
| Standard Deviation | 3.61 | |||
| Variance | 13.06 | |||
| Downside Variance | 34.73 | |||
| Semi Variance | 7.24 | |||
| Expected Short fall | (3.83) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with Banco Santander
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 Banco Santander 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 Banco Santander will appreciate offsetting losses from the drop in the long position's value.Moving together with Banco Pink Sheet
| 0.69 | JPM | JPMorgan Chase Financial Report 12th of July 2024 | PairCorr |
| 0.82 | BML-PG | Bank of America | PairCorr |
| 0.83 | BAC | Bank of America Financial Report 16th of July 2024 | PairCorr |
Moving against Banco Pink Sheet
| 0.94 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.82 | VFS | VinFast Auto Financial Report 20th of May 2024 | PairCorr |
| 0.49 | AVAL | Grupo Aval Financial Report 15th of May 2024 | PairCorr |
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.
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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Banco Santander moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Banco Santander SA 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 Banco Santander 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.Check out Historical Fundamental Analysis of Banco Santander to cross-verify your projections. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for Banco Pink Sheet 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.
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