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SANTANDER GENERACION (Spain) Probability of Target Price Finishing Over Current Price

SA
ES0174869026 -- Spain Fund  

EUR 96.40  0.30  0.31%

SANTANDER GENERACION probability of target price tool provides mechanism to make assumptions about upside and downside potential of SANTANDER GENERACION 1 CLSAE R performance during a given time horizon utilizing its historical volatility.
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SANTANDER GENERACION Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 96.40 30 days 96.40 
about 98.0
Based on normal probability distribution, the odds of SANTANDER GENERACION to move above current price in 30 days from now is about 98.0 (This SANTANDER GENERACION 1 CLSAE R probability density function shows the probability of SANTANDER GENERACION Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, SANTANDER GENERACION 1 CLSAE R has beta of -0.0497 suggesting as returns on benchmark increase, returns on holding SANTANDER GENERACION are expected to decrease at a much smaller rate. During bear market, however, SANTANDER GENERACION 1 CLSAE R is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. SANTANDER GENERACION is significantly underperforming DOW.
 SANTANDER GENERACION Price Density 
    
  Price 
α
Alpha over DOW
=0.52
β
Beta against DOW=0.05
σ
Overall volatility
=2.96
Ir
Information ratio =0.1

SANTANDER GENERACION Alerts and Suggestions

SANTANDER GENERACION is not yet fully synchronised with the market data
SANTANDER GENERACION generates negative expected return over the last 30 days

SANTANDER GENERACIONPrice Density Drivers

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