BBAR vs. TGS
BBAR (Banco BBVA Argentina S.A.) and TGS (Transportadora de Gas del Sur S.A.) are both stocks. BBAR operates in Banks - Regional (Financial Services), while TGS operates in Oil & Gas Midstream (Energy). Over the past 10 years, BBAR returned 2.50%/yr vs 18.52%/yr for TGS. At a 0.41 correlation, their price movements are largely independent.
Performance
BBAR vs. TGS - Performance Comparison
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Returns By Period
In the year-to-date period, BBAR achieves a -3.71% return, which is significantly higher than TGS's -5.05% return. Over the past 10 years, BBAR has underperformed TGS with an annualized return of 2.50%, while TGS has yielded a comparatively higher 18.52% annualized return.
BBAR
- 1D
- -1.49%
- 1M
- 16.25%
- YTD
- -3.71%
- 6M
- 5.85%
- 1Y
- -1.85%
- 3Y*
- 60.14%
- 5Y*
- 42.27%
- 10Y*
- 2.50%
TGS
- 1D
- 0.03%
- 1M
- 0.58%
- YTD
- -5.05%
- 6M
- -6.79%
- 1Y
- 6.23%
- 3Y*
- 32.47%
- 5Y*
- 38.90%
- 10Y*
- 18.52%
BBAR vs. TGS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BBAR Banco BBVA Argentina S.A. | -3.71% | -3.96% | 315.76% | 47.33% | 34.59% | -1.87% | -42.37% | -49.21% | -54.49% | 46.89% |
TGS Transportadora de Gas del Sur S.A. | -5.05% | 6.22% | 93.97% | 27.88% | 165.77% | -14.62% | -27.48% | -45.44% | -28.91% | 146.45% |
Correlation
The correlation between BBAR and TGS is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.68 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.68 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.65 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.63 |
Correlation (All Time) Calculated using the full available price history since Nov 17, 1994 | 0.41 |
Over the past year, BBAR and TGS have become more correlated (0.68) than their long-term average of 0.41, meaning their price movements have been converging.
Fundamentals
BBAR:
$3.52B
TGS:
$4.44B
BBAR:
$1.09K
TGS:
$3.05K
BBAR:
0.02
TGS:
0.01
BBAR:
0.00
TGS:
0.00
BBAR:
0.00
TGS:
0.00
BBAR:
0.00
TGS:
0.00
BBAR:
$6.35T
TGS:
$1.82T
BBAR:
$3.08T
TGS:
$985.40B
BBAR:
$526.52B
TGS:
$1.03T
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Return for Risk
BBAR vs. TGS — Risk / Return Rank
BBAR
TGS
BBAR vs. TGS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Banco BBVA Argentina S.A. (BBAR) and Transportadora de Gas del Sur S.A. (TGS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| BBAR | TGS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.13 | ||
| Sortino ratioReturn per unit of downside risk | -0.05 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.08 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.03 | 0.19 | -0.22 |
| Martin ratioReturn relative to average drawdown | -0.07 | 0.48 | -0.55 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BBAR | TGS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.02 | 0.10 | -0.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.66 | 0.71 | -0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.04 | 0.34 | -0.30 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.04 | 0.22 | -0.18 |
Drawdowns
BBAR vs. TGS - Drawdown Comparison
The maximum BBAR drawdown since its inception was -96.23%, roughly equal to the maximum TGS drawdown of -95.49%. Use the drawdown chart below to compare losses from any high point for BBAR and TGS.
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Drawdown Indicators
| BBAR | TGS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.23% | -95.49% | -0.74% |
Max Drawdown (1Y)Largest decline over 1 year | -57.34% | -32.96% | -24.38% |
Max Drawdown (3Y)Largest decline over 3 years | -66.16% | -39.49% | -26.67% |
Max Drawdown (5Y)Largest decline over 5 years | -66.16% | -39.49% | -26.67% |
Max Drawdown (10Y)Largest decline over 10 years | -91.55% | -80.55% | -11.00% |
Current DrawdownCurrent decline from peak | -25.47% | -16.42% | -9.05% |
Average DrawdownAverage peak-to-trough decline | -57.59% | -47.06% | -10.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.91% | 13.08% | +13.83% |
Volatility
BBAR vs. TGS - Volatility Comparison
Banco BBVA Argentina S.A. (BBAR) has a higher volatility of 21.54% compared to Transportadora de Gas del Sur S.A. (TGS) at 12.90%. This indicates that BBAR's price experiences larger fluctuations and is considered to be riskier than TGS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BBAR | TGS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.54% | 12.90% | +8.64% |
Volatility (6M)Calculated over the trailing 6-month period | 43.67% | 26.04% | +17.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 80.39% | 60.67% | +19.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 64.67% | 55.48% | +9.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 64.79% | 54.35% | +10.44% |
Dividends
BBAR vs. TGS - Dividend Comparison
BBAR's dividend yield for the trailing twelve months is around 1.73%, while TGS has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
BBAR Banco BBVA Argentina S.A. | 1.73% | 0.85% | 8.10% | 5.17% | 5.21% | 0.00% | 0.00% | 4.76% | 2.04% | 1.00% | 2.41% |
TGS Transportadora de Gas del Sur S.A. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 14.46% | 5.04% | 0.00% | 0.34% |
Financials
BBAR vs. TGS - Financials Comparison
This section allows you to compare key financial metrics between Banco BBVA Argentina S.A. and Transportadora de Gas del Sur S.A.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
BBAR vs. TGS - Profitability Comparison
BBAR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Banco BBVA Argentina S.A. reported a gross profit of 918.80B and revenue of 1.81T. Therefore, the gross margin over that period was 50.8%.
TGS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Transportadora de Gas del Sur S.A. reported a gross profit of 282.03B and revenue of 484.20B. Therefore, the gross margin over that period was 58.3%.
BBAR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Banco BBVA Argentina S.A. reported an operating income of 131.98B and revenue of 1.81T, resulting in an operating margin of 7.3%.
TGS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Transportadora de Gas del Sur S.A. reported an operating income of 249.34B and revenue of 484.20B, resulting in an operating margin of 51.5%.
BBAR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Banco BBVA Argentina S.A. reported a net income of 78.42B and revenue of 1.81T, resulting in a net margin of 4.3%.
TGS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Transportadora de Gas del Sur S.A. reported a net income of 159.98B and revenue of 484.20B, resulting in a net margin of 33.0%.
Frequently Asked Questions
BBAR and TGS have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BBAR has higher volatility (21.54%) compared to TGS (12.90%). In terms of maximum drawdown, BBAR dropped -96.23% vs TGS's -95.49%.
TGS currently has the higher Sharpe Ratio (0.10 vs -0.02), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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