Banco Bilbao (Spain) Market Value
| BBVA Stock | EUR 8.94 0.07 0.79% |
| Symbol | Banco |
Banco Bilbao '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 Banco Bilbao'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 Banco Bilbao.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Banco Bilbao on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Banco Bilbao Vizcaya or generate 0.0% return on investment in Banco Bilbao over 540 days. Banco Bilbao is related to or competes with Banco Santander, Repsol, Telefonica, Iberdrola, and Industria. Banco Bilbao Vizcaya Argentaria, S.A., together with its subsidiaries, provides retail banking, wholesale banking, asset... More
Banco Bilbao 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 Banco Bilbao'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 Banco Bilbao Vizcaya upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 9.91 | |||
| Value At Risk | (2.90) | |||
| Potential Upside | 2.97 |
Banco Bilbao Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Banco Bilbao's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Banco Bilbao's standard deviation. In reality, there are many statistical measures that can use Banco Bilbao historical prices to predict the future Banco Bilbao's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | (29.13) |
Banco Bilbao Vizcaya Backtested Returns
Banco Bilbao Vizcaya secures Sharpe Ratio (or Efficiency) of -0.0248, which signifies that the company had a -0.0248% return per unit of risk over the last 3 months. Banco Bilbao Vizcaya exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Banco Bilbao's Standard Deviation of 1.86, mean deviation of 1.39, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0021, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Banco Bilbao's returns are expected to increase less than the market. However, during the bear market, the loss of holding Banco Bilbao is expected to be smaller as well. At this point, Banco Bilbao Vizcaya has a negative expected return of -0.0465%. Please make sure to confirm Banco Bilbao's treynor ratio, potential upside, and the relationship between the total risk alpha and maximum drawdown , to decide if Banco Bilbao Vizcaya performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.54 |
Good reverse predictability
Banco Bilbao Vizcaya has good reverse predictability. Overlapping area represents the amount of predictability between Banco Bilbao time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Banco Bilbao Vizcaya price movement. The serial correlation of -0.54 indicates that about 54.0% of current Banco Bilbao price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.54 | |
| Spearman Rank Test | -0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.22 |
Banco Bilbao Vizcaya lagged returns against current returns
Autocorrelation, which is Banco Bilbao 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 Banco Bilbao's stock expected returns. We can calculate the autocorrelation of Banco Bilbao returns to help us make a trade decision. For example, suppose you find that Banco Bilbao 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 |
Banco Bilbao 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 Banco Bilbao stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Banco Bilbao stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Banco Bilbao stock over time.
Current vs Lagged Prices |
| Timeline |
Banco Bilbao Lagged Returns
When evaluating Banco Bilbao's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Banco Bilbao stock have on its future price. Banco Bilbao 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, Banco Bilbao autocorrelation shows the relationship between Banco Bilbao stock current value and its past values and can show if there is a momentum factor associated with investing in Banco Bilbao Vizcaya.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Banco Stock
Banco Bilbao financial ratios help investors to determine whether Banco Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Banco with respect to the benefits of owning Banco Bilbao security.