I'll help analyze which bank analysts have better prediction accuracy. Let me outline the approach:
However, before proceeding, I need a few clarifications:
Please provide these details so I can generate the most relevant analysis for you.
I'll analyze analyst predictions from major banks over the last 3 years. Here's the logic I'll implement:
get_analyst_predictions with company namesLet me generate the procedure:
I understand the issue. The error occurs because we're trying to access price data for a period where no data exists. Let me fix the procedure with better error handling and debug statements:
Directional Accuracy:
Average Error (%):
Total Predictions:
Suggested next analyses:
I'll create visualizations using plotly to show the comparison of bank analysts' performance metrics. Since we already have the results, we don't need to fetch any additional data.
Directional Accuracy:
Average Error (%):
Total Predictions:
Suggested next analyses:
I'll create a more detailed visualization of directional accuracy using a combination of bar plot with error bars and a scatter plot overlay. This will help highlight the differences more clearly.
Suggested next analyses:
I'll create a visualization that shows both the volume (total predictions) and quality (accuracy and error rates) of predictions for each bank. I'll use a combination of bar and scatter plots to show these multiple dimensions effectively.
Total Predictions:
Directional Accuracy:
Average Error (%):
Suggested next analyses:
Here's a LinkedIn post summarizing the analysis:
๐ Just completed an analysis of Wall Street's top bank analysts over the past 3 years. Here are some fascinating insights:
๐ฏ Prediction Accuracy: โข Citigroup leads with 54.47% directional accuracy โข Goldman Sachs follows at 53.09% โข Morgan Stanley at 52.95% โข Wells Fargo at 51.96%
๐ Volume & Quality: โข Morgan Stanley: Most active with 3,001 predictions โข Wells Fargo: 1,913 predictions โข Goldman Sachs: 1,554 predictions โข Citigroup: 1,254 predictions
๐ Key Takeaways:
๐ญ Food for thought: In a market where even top analysts barely beat 50/50 odds, how should retail investors approach stock picking?
#FinancialAnalysis #WallStreet #InvestmentBanking #DataAnalytics #MarketResearch
Would you like me to modify any aspect of this post?
Here's a Reddit post for r/stocks or r/investing:
TL;DR: They're barely better than a coin flip, but some interesting patterns emerge.
I analyzed prediction accuracy of major banks over the past 3 years (2022-2025). Here's what I found:
Directional Accuracy:
Volume of Predictions:
Average Error Rate:
Interesting Findings:
Methodology:
What do you think this means for retail investors following analyst recommendations? Should we pay less attention to price targets and more to other factors?
Edit: Thanks for the awards! For those asking about data source - this was analyzed using Scalar's data repository.
Would you like me to modify any aspect of this post?
Here's an enhanced Reddit post with rich formatting:
^(A 3-year analysis of top banks' stock predictions | Data: 2022-2025)
Bank analysts are barely better than a coin flip, but some interesting patterns emerge in their 7,722 total predictions.
Directional Accuracy (% of correct predictions):
| Bank | Accuracy | Total Predictions | Error Rate |
|---|---|---|---|
| Citigroup | 54.47% | 1,254 | 107.76% |
| Goldman Sachs | 53.09% | 1,554 | 128.14% |
| Morgan Stanley | 52.95% | 3,001 | 91.38% |
| Wells Fargo | 51.96% | 1,913 | 248.66% |
Quality vs. Quantity
Accuracy Spectrum
Error Rates
[Editor's note: Graphs would be inserted here]
^(Data Source: Scalar Data Repository | Analysis Date: Feb 2025)
Edit 1: Thanks for the gold! RIP inbox.
Edit 2: For those asking about methodology details, I'll post a follow-up with sector-specific analysis.
Would you like me to modify any aspect of this post? I can: