BBVA Return On Tangible Assets from 2010 to 2024

BBAR Stock  USD 16.31  0.93  5.39%   
BBVA Banco Return On Tangible Assets yearly trend continues to be relatively stable with very little volatility. Return On Tangible Assets are likely to drop to 0.01. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.02581197
Current Value
0.0145
Quarterly Volatility
0.01397126
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check BBVA Banco financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among BBVA Banco's main balance sheet or income statement drivers, such as Interest Expense of 1.6 T, Selling General Administrative of 461.3 B or Selling And Marketing Expenses of 14.4 B, as well as many indicators such as Price To Sales Ratio of 0.54, Dividend Yield of 2.0E-4 or PTB Ratio of 0.74. BBVA financial statements analysis is a perfect complement when working with BBVA Banco Valuation or Volatility modules.
  
Check out the analysis of BBVA Banco Correlation against competitors.

Latest BBVA Banco's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of BBVA Banco Frances over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. BBVA Banco's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in BBVA Banco's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Pretty Stable
   Return On Tangible Assets   
       Timeline  

BBVA Return On Tangible Assets Regression Statistics

Arithmetic Mean0.03
Geometric Mean0.03
Coefficient Of Variation46.42
Mean Deviation0.01
Median0.03
Standard Deviation0.01
Sample Variance0.0002
Range0.056
R-Value(0.27)
Mean Square Error0.0002
R-Squared0.07
Significance0.33
Slope(0.0008)
Total Sum of Squares0

BBVA Return On Tangible Assets History

2024 0.0145
2023 0.0258
2022 0.0302
2021 0.0178
2020 0.0175
2019 0.0705
2018 0.0271

About BBVA Banco Financial Statements

BBVA Banco shareholders use historical fundamental indicators, such as Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although BBVA Banco investors may analyze each financial statement separately, they are all interrelated. The changes in BBVA Banco's assets and liabilities, for example, are also reflected in the revenues and expenses on on BBVA Banco's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.03  0.01 

Pair Trading with BBVA Banco

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 BBVA Banco 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 BBVA Banco will appreciate offsetting losses from the drop in the long position's value.

Moving together with BBVA Stock

  0.92AX Axos FinancialPairCorr
  0.92BY Byline Bancorp Fiscal Year End 23rd of January 2025 PairCorr

Moving against BBVA Stock

  0.81CFG-PE Citizens FinancialPairCorr
  0.76TFC-PO Truist FinancialPairCorr
  0.75TFC-PR Truist FinancialPairCorr
  0.39WF Woori Financial GroupPairCorr
The ability to find closely correlated positions to BBVA Banco could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BBVA Banco 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 BBVA Banco - 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 BBVA Banco Frances to buy it.
The correlation of BBVA Banco 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 BBVA Banco moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BBVA Banco Frances 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 BBVA Banco 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.
Pair CorrelationCorrelation Matching

Additional Tools for BBVA Stock Analysis

When running BBVA Banco's price analysis, check to measure BBVA Banco'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 BBVA Banco is operating at the current time. Most of BBVA Banco's value examination focuses on studying past and present price action to predict the probability of BBVA Banco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BBVA Banco's price. Additionally, you may evaluate how the addition of BBVA Banco to your portfolios can decrease your overall portfolio volatility.