2025/10/07

BBVA Equity Strategy: Quantitative Edge – Methodology & Backtesting

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Key takeaways:

  • High-conviction signals deliver results: Strong Buy opportunities achieved a 72% hit rate with a profit factor close to 10, demonstrating robust alpha generation;
  • Consistent performance post-COVID: in dislocation-heavy markets, the model delivered c.70% hit rates and a profit factor of 2.8 with average holding periods of c.9 months;
  • Sector & regional edge: the model performs best in EM (+9% avg. relative return) and in cyclical sectors such as Consumer Disc., Comm. Services and Financials;
  • Clear exit discipline: positions are systematically closed once valuation reverts or after 12-24 months, ensuring risk control and transparency;
  • Actionable & market-neutral: built as a real-time signal engine, the framework provides long/short trade ideas across regions and sectors; it is well-suited for tactical overlays and market-neutral strategies.

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