Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) Correlation Distribution
Across 6,809 rolling correlation observations between Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) and other NASDAQ-listed stocks, 39.4% are positive and 60.6% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.07, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 15.3% and strong negative correlations (≤−0.7) for 7.7%.
- Total observations
- 6,809
- Mean correlation
- -0.07
- Most common range
- -0.7 to -0.6
- Positive pairs
- 39.4%
- Strong positive (≥0.7)
- 15.3%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 6 | 0.1% | |
| -0.9 to -0.8 | 258 | 3.8% | |
| -0.8 to -0.7 | 257 | 3.8% | |
| -0.7 to -0.6 | 746 | 11.0% | |
| -0.6 to -0.5 | 746 | 11.0% | |
| -0.5 to -0.4 | 604 | 8.9% | |
| -0.4 to -0.3 | 604 | 8.9% | |
| -0.3 to -0.2 | 327 | 4.8% | |
| -0.2 to -0.1 | 327 | 4.8% | |
| -0.1 to 0.0 | 250 | 3.7% | |
| 0.0 to 0.1 | 249 | 3.7% | |
| 0.1 to 0.2 | 201 | 3.0% | |
| 0.2 to 0.3 | 201 | 3.0% | |
| 0.3 to 0.4 | 217 | 3.2% | |
| 0.4 to 0.5 | 216 | 3.2% | |
| 0.5 to 0.6 | 281 | 4.1% | |
| 0.6 to 0.7 | 280 | 4.1% | |
| 0.7 to 0.8 | 432 | 6.3% | |
| 0.8 to 0.9 | 432 | 6.3% | |
| 0.9 to 1.0 | 175 | 2.6% |
Frequently asked questions
What is the average correlation of BBVA?
Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) has an average correlation of about -0.07 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is BBVA positively correlated with other stocks?
Not predominantly — 39.4% of pairs are positive and 60.6% are negative. Strong positive correlations (≥0.7) make up 15.3%.
What is the most common correlation range for BBVA?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 22.8% of all pairs.
Explore the full interactive correlation distribution for BBVA.
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