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Bullish Case: SAN's recent positive return trajectory and low price-to-book ratio suggest undervaluation. Digitalization cuts and global expansion may improve efficiencies and fuel price recovery.


Bearish Case: SAN's long-term downtrend, digitalization related job cuts, and external factors like geopolitical tensions could result in continued price suppression.


Potential Outcomes:

1) Digital transformation success, boosting efficiency (25%).

2) Economic headwind impacts, dampening profit margins (30%).

3) Unexpected geopolitical events causing market volatility (20%).


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April 05, 2024


Banco Santander Forecast

SAN        Banco Santander
Price Forecast: BULLISH    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with SAN



COIN Forecast + Options Trading Strategies   [COIN]  Coinbase (0.92)


EWBC Forecast + Options Trading Strategies   [EWBC]  East West Bancorp (0.92)


DB Forecast + Options Trading Strategies   [DB]  Deutsche (0.92)


CRH Forecast + Options Trading Strategies   [CRH]  CRH Plc (0.92)


QUAL Forecast + Options Trading Strategies   [QUAL]  BlackRock Institutional Trust Company N.A. - iShares MSCI USA Quality Factor (0.91)



Uncorrelated Stock Forecasts

Assets with little price relationship to SAN



ROK Forecast + Options Trading Strategies   [ROK]  Rockwell Automation (0.0)


KIRK Forecast + Options Trading Strategies   [KIRK]  Kirkland's (-0.0)


GLW Forecast + Options Trading Strategies   [GLW]  Corning (0.0)


SAVA Forecast + Options Trading Strategies   [SAVA]  Cassava Sciences (0.0)


PAX Forecast + Options Trading Strategies   [PAX]  Patria Investments Ltd (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against SAN



TECS Forecast + Options Trading Strategies   [TECS]  Direxion Daily Technology Bear 3X Shares (-0.85)


SDOW Forecast + Options Trading Strategies   [SDOW]  ProShares UltraPro Short Dow30 (-0.87)


SPXS Forecast + Options Trading Strategies   [SPXS]  Direxion Daily S&P 500 Bear 3X Shares (-0.87)


DXD Forecast + Options Trading Strategies   [DXD]  ProShares UltraShort Dow30 (-0.87)


DOG Forecast + Options Trading Strategies   [DOG]  ProShares Short Dow30 (-0.87)





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