BBVA Banco (Argentina) Market Value
| BBAR Stock | 6,170 100.00 1.65% |
| Symbol | BBVA |
BBVA Banco '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 BBVA Banco'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 BBVA Banco.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in BBVA Banco on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding BBVA Banco Frances or generate 0.0% return on investment in BBVA Banco over 30 days. BBVA Banco is related to or competes with Edesa Holding, Longvie SA, American Express, United States, Capex SA, Central Puerto, and Pfizer. More
BBVA Banco 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 BBVA Banco'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 BBVA Banco Frances upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.62 | |||
| Information Ratio | 0.1771 | |||
| Maximum Drawdown | 12.83 | |||
| Value At Risk | (3.98) | |||
| Potential Upside | 6.99 |
BBVA Banco Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BBVA Banco's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BBVA Banco's standard deviation. In reality, there are many statistical measures that can use BBVA Banco historical prices to predict the future BBVA Banco's volatility.| Risk Adjusted Performance | 0.1775 | |||
| Jensen Alpha | 0.5878 | |||
| Total Risk Alpha | 0.1585 | |||
| Sortino Ratio | 0.2053 | |||
| Treynor Ratio | 1.1 |
BBVA Banco Frances Backtested Returns
BBVA Banco appears to be very steady, given 3 months investment horizon. BBVA Banco Frances secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18% return per unit of volatility over the last 3 months. By reviewing BBVA Banco's technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please makes use of BBVA Banco's Coefficient Of Variation of 449.59, market risk adjusted performance of 1.11, and Mean Deviation of 2.33 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, BBVA Banco holds a performance score of 14. The firm shows a Beta (market volatility) of 0.61, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, BBVA Banco's returns are expected to increase less than the market. However, during the bear market, the loss of holding BBVA Banco is expected to be smaller as well. Please check BBVA Banco's sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to make a quick decision on whether BBVA Banco's price patterns will revert.
Auto-correlation | -0.73 |
Almost perfect reverse predictability
BBVA Banco Frances has almost perfect reverse predictability. Overlapping area represents the amount of predictability between BBVA Banco time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st of December 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 BBVA Banco Frances price movement. The serial correlation of -0.73 indicates that around 73.0% of current BBVA Banco price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.73 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 16 K |
BBVA Banco Frances lagged returns against current returns
Autocorrelation, which is BBVA Banco 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 BBVA Banco's stock expected returns. We can calculate the autocorrelation of BBVA Banco returns to help us make a trade decision. For example, suppose you find that BBVA Banco 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 |
BBVA Banco 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 BBVA Banco stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BBVA Banco stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BBVA Banco stock over time.
Current vs Lagged Prices |
| Timeline |
BBVA Banco Lagged Returns
When evaluating BBVA Banco's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BBVA Banco stock have on its future price. BBVA Banco 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, BBVA Banco autocorrelation shows the relationship between BBVA Banco stock current value and its past values and can show if there is a momentum factor associated with investing in BBVA Banco Frances.
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.Additional Information and Resources on Investing in BBVA Stock
When determining whether BBVA Banco Frances is a strong investment it is important to analyze BBVA Banco's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact BBVA Banco's future performance. For an informed investment choice regarding BBVA Stock, refer to the following important reports:Check out BBVA Banco Correlation, BBVA Banco Volatility and BBVA Banco Alpha and Beta module to complement your research on BBVA Banco. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
BBVA Banco technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.