Barclays PLC Backtesting

BCS -- USA Stock  

Fiscal Quarter End: December 31, 2019  

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. Check also 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.
Horizon     30 Days    Login   to change

Barclays PLC 'What if' Analysis

August 19, 2019
No Change 0.00  0.0 
In 3 months and 1 day
November 17, 2019
If you would invest  0.00  in Barclays PLC on August 19, 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 Deviation1.3
Information Ratio0.158
Maximum Drawdown9.6
Value At Risk(1.71)
Potential Upside5.56

Barclays PLC Market Premium Indicators

Risk Adjusted Performance0.1742
Jensen Alpha0.2818
Total Risk Alpha0.0925
Sortino Ratio0.2427
Treynor Ratio0.3549

Barclays PLC Backtested Returns

Macroaxis considers Barclays PLC slightly risky given 3 months investment horizon. Barclays PLC secures Sharpe Ratio (or Efficiency) of 0.2072 which signifies that the organization had 0.2072% 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-one technical indicators for Barclays PLC which you can use to evaluate future volatility of the firm. Please makes use of Barclays PLC Mean Deviation of 1.32, Risk Adjusted Performance of 0.1742 and Downside Deviation of 1.3 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Barclays PLC holds performance score of 13. The firm shows Beta (market volatility) of 1.2529 which signifies that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Barclays PLC will likely underperform. Although it is vital to follow to Barclays PLC historical returns, it is good to be conservative about what you can actually do with the information regarding 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 0.413% will be sustainable into the future. Please makes use of Barclays PLC Treynor Ratio as well as the relationship between Downside Variance and Kurtosis to make a quick decision on weather Barclays PLC price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.66 
correlation synergy

Good predictability

Barclays PLC has good predictability. Overlapping area represents the amount of predictability between Barclays PLC time series from August 19, 2019 to October 3, 2019 and October 3, 2019 to November 17, 2019. 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 0.66 indicates that around 66.0% of current Barclays PLC price fluctuation can be explain by its past prices.
Correlation Coefficient0.66
Spearman Rank Test0.74
Residual Average0.0
Price Variance0.36

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  
Check also 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 Fund Screener module to find activelly-traded funds from around the world traded on over 30 global exchanges.