Forecasting and Quantitative Analysis for ANZ Bank

Forecasting and quantitative
analysis

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
Presenting the data graphically...................................................................................................3
Calculating the descriptive statistics for stock return.................................................................5
Regression analysis on the future returns....................................................................................6
CONCLUSION AND RECOMMENDAITON...............................................................................8
REFERENCES................................................................................................................................9

INTRODUCTION
Business forecasting is being defined as the prediction of the future working on the basis
of the past data. this is very necessary for the reason that when the analysis is being undertaken
on the basis of the past data then the future prediction is very easy and will be appropriate as
well. The current report is based on ANZ bank which is Australia and New Zealand banking
group which is a banking and financial service working as a multinational company. The present
report will outline the analysis of the returns data of ANZ bank in order to predict the future
return on the basis of the existing historical data. The time interval chosen for the analysis of the
data is daily and the time period selected is past 6 months (Australia and New Zealand Banking
Group Limited (ANZ.AX), 2022). The analysis will be undertaken on the open price of the
company stock price and then with help of this the past return (RETLAG) and the future returns
(RET) will be calculated. Along with this with help of regression analysis the future prediction
will be made in order to improve the working of the company.
MAIN BODY
Presenting the data graphically