Barclays PLC Stock Forecast - Naive Prediction
| BCS Stock | USD 13.35 0.38 2.93% |
The Naive Prediction forecasted value of Barclays PLC ADR on the next trading day is expected to be 13.16 with a mean absolute deviation of 0.18 and the sum of the absolute errors of 11.46. Barclays Stock Forecast is based on your current time horizon.
Barclays |
Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Barclays PLC's financial statements to predict how it will affect future prices.
Cash | First Reported 1985-12-31 | Previous Quarter 243.5 B | Current Value 215.1 B | Quarterly Volatility 89.4 B |
Barclays PLC Naive Prediction Price Forecast For the 27th of November
Given 90 days horizon, the Naive Prediction forecasted value of Barclays PLC ADR on the next trading day is expected to be 13.16 with a mean absolute deviation of 0.18, mean absolute percentage error of 0.05, and the sum of the absolute errors of 11.46.Please note that although there have been many attempts to predict Barclays Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Barclays PLC's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Barclays PLC Stock Forecast Pattern
| Backtest Barclays PLC | Barclays PLC Price Prediction | Buy or Sell Advice |
Barclays PLC Forecasted Value
In the context of forecasting Barclays PLC's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Barclays PLC's downside and upside margins for the forecasting period are 11.06 and 15.26, respectively. We have considered Barclays PLC's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Barclays PLC stock data series using in forecasting. Note that when a statistical model is used to represent Barclays PLC stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 117.0212 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.1849 |
| MAPE | Mean absolute percentage error | 0.0149 |
| SAE | Sum of the absolute errors | 11.4643 |
Predictive Modules for Barclays PLC
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Barclays PLC ADR. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Barclays PLC's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Other Forecasting Options for Barclays PLC
For every potential investor in Barclays, whether a beginner or expert, Barclays PLC's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Barclays Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Barclays. Basic forecasting techniques help filter out the noise by identifying Barclays PLC's price trends.Barclays PLC Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Barclays PLC stock to make a market-neutral strategy. Peer analysis of Barclays PLC could also be used in its relative valuation, which is a method of valuing Barclays PLC by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Barclays PLC ADR Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Barclays PLC's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Barclays PLC's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Barclays PLC Market Strength Events
Market strength indicators help investors to evaluate how Barclays PLC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Barclays PLC shares will generate the highest return on investment. By undertsting and applying Barclays PLC stock market strength indicators, traders can identify Barclays PLC ADR entry and exit signals to maximize returns.
| Accumulation Distribution | 98978.19 | |||
| Daily Balance Of Power | 2.714286 | |||
| Rate Of Daily Change | 1.03 | |||
| Day Median Price | 13.36 | |||
| Day Typical Price | 13.36 | |||
| Price Action Indicator | 0.18 | |||
| Period Momentum Indicator | 0.38 | |||
| Relative Strength Index | 61.06 |
Barclays PLC Risk Indicators
The analysis of Barclays PLC's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Barclays PLC's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting barclays stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.66 | |||
| Semi Deviation | 2.11 | |||
| Standard Deviation | 2.15 | |||
| Variance | 4.61 | |||
| Downside Variance | 5.14 | |||
| Semi Variance | 4.46 | |||
| Expected Short fall | (1.67) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Barclays Stock Analysis
When running Barclays PLC's price analysis, check to measure Barclays PLC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Barclays PLC is operating at the current time. Most of Barclays PLC's value examination focuses on studying past and present price action to predict the probability of Barclays PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Barclays PLC's price. Additionally, you may evaluate how the addition of Barclays PLC to your portfolios can decrease your overall portfolio volatility.