The takeaway
Banco Bilbao Viscaya Argentaria SA ADR shows a slight seasonal lean over 10 years of data — strongest in April (+5.0%) and softest in November (+4.6%).
Right now
In July, the stock has risen 60% of years, averaging +1.6%, roughly 0.6 pts behind the S&P 500.
The full picture
Banco Bilbao Viscaya Argentaria SA ADR's most dependable month has been April, higher in 8 of 10 years; November has been its least reliable, up just 40% of the time.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Win rate % | ||||||||||||
| Median return % | ||||||||||||
| 2025 | ||||||||||||
| 2024 | ||||||||||||
| 2023 | ||||||||||||
| 2022 | ||||||||||||
| 2021 | ||||||||||||
| 2020 | ||||||||||||
| 2019 | ||||||||||||
| 2018 | ||||||||||||
| 2017 | ||||||||||||
| 2016 |
Month by month
The stock's clearest edge over the S&P 500 lands in January (+4.0 pts); it has trailed the market most in March (−3.5 pts).
“vs S&P” is Banco Bilbao Viscaya Argentaria SA ADR’s average for a month minus the S&P 500’s average for that same month — isolating Banco Bilbao Viscaya Argentaria SA ADR’s own seasonal edge from broad market drift.
Reality check
Over the last 5 years, April has closed higher 60% of the time versus 80% across the last 10 years — the pattern is weakening.
Figures are the typical (median) April return and how often it rose — the last 5 years versus the last 10(the heatmap’s default window). This verdict stays anchored to that 10-year window even if you zoom the chart, so it never disagrees with the badges above.
In plain English
Dependability is the through-line here. April stands out, higher in 8 of 10 Aprils, but it heads a clutch of months that pull the year reliably upward.
Its average (+5.0%) and median (+6.5%) land within a hair of each other — the tell of steady, year-after-year gains rather than one outlier doing the work. Crucially, the gain is the stock's own rather than a rising tide's: April has cleared the S&P 500 by +3.4 points above the index. That consistency sets it apart from the field, where the average stock manages April only about 55% of the time.
A few other months pull their weight: January, June, and July have also closed higher more often than not. The weaker half of the year is plainer: November is the year's low point, though even there the stock has stayed positive on average (+4.6%), a sign every month leans up, and the edge isn't year-round — the stock has trailed the S&P 500 in March, June, and May. Its roughest month on record was a −37.2% March in 2020 — a reminder of how hard even a seasonal name can fall.
The pattern has softened of late, April's last five years slipping below its longer-run record.
The takeaway is less about when to buy than what to expect: April aside, the stock's months offer little reliable tilt.
Short answers on the stock's best month (April), its worst (November), and whether it really trades seasonally.
Only mildly. The stock's months are fairly even — April is the firmest (+5.0%) and November the softest (+4.6%), a narrow spread that points to weak seasonality rather than a strong calendar effect.
April has been the strongest, averaging +5.0% and closing higher in 8 of 10 years since 2016.
It's the weakest month, but it has still averaged a small gain (+4.6%) — quiet rather than genuinely bad.
Explore
These names have the strongest July track records on record — a starting point for comparison.
Before you trade