Barclays PLC Backtesting

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BCS -- USA Stock  

USD 8.72  0.55  5.93%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Barclays PLC and determine expected loss or profit from investing in Barclays PLC over given investment horizon. Continue to Barclays PLC Hype Analysis, Barclays PLC Correlation, Barclays PLC Valuation, Barclays PLC Volatility as well as analyze Barclays PLC Alpha and Beta and Barclays PLC Performance.

Barclays PLC 'What if' Analysis

November 26, 2019
No Change 0.00  0.0 
In 3 months and 1 day
February 24, 2020
If you would invest  0.00  in Barclays PLC on November 26, 2019 and sell it all today you would earn a total of 0.00 from holding Barclays PLC or generate 0.0% return on investment in Barclays PLC over 90 days. Barclays PLC is related to or competes with Citigroup, Canadian Imperial, Credit Suisse, East West, Bank Of Montreal, and Bank of Nova Scotia. Barclays PLC, through its subsidiaries, provides various financial products and services in the United Kingdom, other Eu...

Barclays PLC Upside/Downside Indicators

Downside Deviation1.41
Information Ratio0.0255
Maximum Drawdown10.52
Value At Risk(2.44)
Potential Upside2.52

Barclays PLC Market Premium Indicators

Risk Adjusted Performance0.0515
Jensen Alpha0.0833
Total Risk Alpha(0.00485)
Sortino Ratio0.0291
Treynor Ratio2.49

Barclays PLC Backtested Returns

We consider Barclays PLC slightly risky. Barclays PLC secures Sharpe Ratio (or Efficiency) of 0.0066 which signifies that the organization had 0.0066% of return per unit of risk over the last 3 months. Our philosophy towards foreseeing volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Barclays PLC which you can use to evaluate future volatility of the firm. Please confirm Barclays PLC Risk Adjusted Performance of 0.0515, Mean Deviation of 1.13 and Downside Deviation of 1.41 to double-check if risk estimate we provide are consistent with the epected return of 0.0117%. The firm shows Beta (market volatility) of 0.0341 which signifies that as returns on market increase, Barclays PLC returns are expected to increase less than the market. However during bear market, the loss on holding Barclays PLC will be expected to be smaller as well. Although it is extremely important to respect Barclays PLC historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing Barclays PLC technical indicators you can presently evaluate if the expected return of 0.0117% will be sustainable into the future. Barclays PLC right now shows a risk of 1.77%. Please confirm Barclays PLC Downside Variance, and the relationship between Treynor Ratio and Kurtosis to decide if Barclays PLC will be following its price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.41) 
correlation synergy

Modest reverse predictability

Barclays PLC has modest reverse predictability. Overlapping area represents the amount of predictability between Barclays PLC time series from November 26, 2019 to January 10, 2020 and January 10, 2020 to February 24, 2020. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Barclays PLC price movement. The serial correlation of -0.41 indicates that just about 41.0% of current Barclays PLC price fluctuation can be explain by its past prices. Given that Barclays PLC has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Barclays PLC for similar time interval.
Correlation Coefficient-0.41
Spearman Rank Test0.14
Residual Average0.0
Price Variance0.03

Barclays PLC lagged returns against current returns

 Current and Lagged Values 

Barclays PLC regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Barclays PLC Lagged Returns

 Regressed Prices 

Current Sentiment - BCS

Barclays PLC Investor Sentiment

Greater number of Macroaxis users are currently bullish on Barclays PLC. What is your opinion about investing in Barclays PLC? Are you bullish or bearish?
98% Bullish
2% Bearish

Barclays PLC Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Barclays PLC and Citigroup. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run Pair Correlation  
Continue to Barclays PLC Hype Analysis, Barclays PLC Correlation, Barclays PLC Valuation, Barclays PLC Volatility as well as analyze Barclays PLC Alpha and Beta and Barclays PLC Performance. Please also try Instant Ratings module to determine any equity ratings based on digital recommendations. macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.