Banco Bilbao Viscaya Stock Market Value
BBVA Stock | USD 11.40 0.33 2.98% |
Symbol | Banco |
Banco Bilbao Viscaya Price To Book Ratio
Is Banco Bilbao's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Banco Bilbao. If investors know Banco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Banco Bilbao listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.334 | Dividend Share 0.55 | Earnings Share 1.38 | Revenue Per Share 4.562 | Quarterly Revenue Growth 0.117 |
The market value of Banco Bilbao Viscaya is measured differently than its book value, which is the value of Banco that is recorded on the company's balance sheet. Investors also form their own opinion of Banco Bilbao's value that differs from its market value or its book value, called intrinsic value, which is Banco Bilbao's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Banco Bilbao's market value can be influenced by many factors that don't directly affect Banco Bilbao's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Banco Bilbao's value and its price as these two are different measures arrived at by different means. Investors typically determine if Banco Bilbao is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Banco Bilbao's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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.
03/24/2024 |
| 04/23/2024 |
If you would invest 0.00 in Banco Bilbao on March 24, 2024 and sell it all today you would earn a total of 0.00 from holding Banco Bilbao Viscaya or generate 0.0% return on investment in Banco Bilbao over 30 days. Banco Bilbao is related to or competes with Barclays PLC, ING Group, Banco Santander, HSBC Holdings, Natwest Group, Banco Santander, and UBS Group. Banco Bilbao Vizcaya Argentaria, S.A., together with its subsidiaries, provides retail banking, wholesale banking, and a... 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 Viscaya upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 1.39 | |||
Information Ratio | 0.2136 | |||
Maximum Drawdown | 8.27 | |||
Value At Risk | (1.75) | |||
Potential Upside | 3.04 |
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 | 0.1732 | |||
Jensen Alpha | 0.3409 | |||
Total Risk Alpha | 0.2099 | |||
Sortino Ratio | 0.236 | |||
Treynor Ratio | 0.482 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Banco Bilbao's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Banco Bilbao Viscaya Backtested Returns
Banco Bilbao appears to be not too volatile, given 3 months investment horizon. Banco Bilbao Viscaya secures Sharpe Ratio (or Efficiency) of 0.29, which signifies that the company had a 0.29% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Banco Bilbao Viscaya, which you can use to evaluate the volatility of the firm. Please makes use of Banco Bilbao's Risk Adjusted Performance of 0.1732, mean deviation of 1.2, and Downside Deviation of 1.39 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Banco Bilbao holds a performance score of 22. The firm shows a Beta (market volatility) of 0.85, which signifies possible diversification benefits within a given portfolio. 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. Please check Banco Bilbao's downside variance, daily balance of power, and the relationship between the maximum drawdown and skewness , to make a quick decision on whether Banco Bilbao's price patterns will revert.
Auto-correlation | -0.59 |
Good reverse predictability
Banco Bilbao Viscaya has good reverse predictability. Overlapping area represents the amount of predictability between Banco Bilbao time series from 24th of March 2024 to 8th of April 2024 and 8th of April 2024 to 23rd of April 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 Viscaya price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current Banco Bilbao price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.59 | |
Spearman Rank Test | -0.43 | |
Residual Average | 0.0 | |
Price Variance | 0.11 |
Banco Bilbao Viscaya 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 Viscaya.
Regressed Prices |
Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Banco Bilbao in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Banco Bilbao's short interest history, or implied volatility extrapolated from Banco Bilbao options trading.
Pair Trading with Banco Bilbao
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 Bilbao 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 Bilbao will appreciate offsetting losses from the drop in the long position's value.Moving together with Banco Stock
0.94 | C | Citigroup Earnings Call This Week | PairCorr |
0.89 | CM | Canadian Imperial Bank Financial Report 23rd of May 2024 | PairCorr |
0.62 | RY | Royal Bank Financial Report 23rd of May 2024 | PairCorr |
0.94 | BML-PG | Bank of America | PairCorr |
The ability to find closely correlated positions to Banco Bilbao 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 Bilbao 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 Bilbao - 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 Bilbao Viscaya to buy it.
The correlation of Banco Bilbao 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 Bilbao moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Banco Bilbao Viscaya 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 Bilbao 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 Banco Bilbao Correlation, Banco Bilbao Volatility and Banco Bilbao Alpha and Beta module to complement your research on Banco Bilbao. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for Banco Stock analysis
When running Banco Bilbao's price analysis, check to measure Banco Bilbao'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 Bilbao is operating at the current time. Most of Banco Bilbao's value examination focuses on studying past and present price action to predict the probability of Banco Bilbao'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 Bilbao's price. Additionally, you may evaluate how the addition of Banco Bilbao to your portfolios can decrease your overall portfolio volatility.
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