Santander-Chile Stock Drops 0.55% Despite Strong Buy Rating
Santander-Chile's stock price fell to its lowest level since May 2025 today, with an intraday decline of 0.55%.
The strategy of buying BSAC shares after they reach a recent low and holding for one week resulted in a 48.54% return, slightly underperforming the benchmark return of 58.03%. The strategy had a maximum drawdown of 0.00%, a Sharpe ratio of 0.75, and a volatility of 22.68%.Banco Santander-ChileBSAC-- has been added to the Zacks Rank #1 (Strong Buy) list as of July 16th. This categorization as a strong buy could positively impact the stock price of BSAC. The Zacks Consensus Estimate for its current year earnings has increased by 6.4% over the last 60 days, further bolstering investor confidence in the company's financial performance. This upward revision in earnings estimates is a significant indicator of the company's potential for growth and profitability, which could attract more investors and drive up the stock price.

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