BBAR vs QTI: Correlation
How closely do Banco BBVA Argentina S.A. (BBAR) and QT Imaging Holdings, Inc. (QTI) trade together? Their weekly returns over three years give a correlation of -0.32, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BBAR and QTI?
On 3 years of weekly data the BBAR/QTI correlation comes out at -0.32, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.59 versus -0.32 over 3 years. The 5-year figure is -0.27, and annualized covariance runs at -2455.4 %².
Out of 17 assets tracked against BBAR, QTI lands near the bottom at #17. The last year tells two different stories: BBAR led by 112.2 percentage points, +20.6% for BBAR against -91.6% for QTI. Risk is not evenly split, since QTI carries 1.5 times the volatility of the other side.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
BBAR vs QTI: side by side
| BBAR (Banco BBVA Argentina S.A.) | QTI (QT Imaging Holdings, Inc.) | |
|---|---|---|
| 1-year return | +20.6% | -91.6% |
| 5-year return | +356.0% | -97.9% |
| Volatility (ann.) | 70.3% | 108.2% |
| Beta vs S&P 500 | 1.06 | 0.12 |
| Max drawdown (3Y) | -66.3% | -98.6% |
| Market cap | $3.0B | – |
| P/E (trailing) | 15.9 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BBAR | QTI |
|---|---|---|
| 2022 | +34.6% | +3.1% |
| 2023 | +47.3% | +7.7% |
| 2024 | +315.7% | -95.6% |
| 2025 | -5.2% | -16.7% |
| 2026 | -17.7% | -48.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BBAR and QTI good diversifiers for each other?
By historical standards, yes. A correlation of -0.32 means the two rarely move for the same reasons.
FAQ
What is the correlation between BBAR and QTI?
As of 2026-08-27, the correlation of weekly returns between BBAR and QTI is -0.32 over 3 years, -0.59 over 1 year and -0.27 over 5 years.
Is QTI a good diversifier for BBAR?
By historical standards, yes. A correlation of -0.32 means the two rarely move for the same reasons.
What does a correlation of -0.32 mean?
On the −1 to +1 scale, -0.32 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/bbar-vs-qti.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bbar-vs-qti/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BBAR correlations · QTI correlations
