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NatWest Group plc
Financial Services · Banks - Regional
Made on Aug 27, 2026
Price at call $18.43
6-month call Bull +21.5%
Target by Feb 2027 $22.40
Great value below $16.50
Model v0.6.0

Projection vs Actual (6M history + forecast)

The masterbrain's trajectory (blue, curved through its 7 checkpoints), the deterministic v0.3 control (dashed), and the actual price (green) overlaid from the prediction date forward.
Forecast Change +21.5% to $22.40
Predicted High $22.40 at 6 months
Predicted Low $18.60 in 2 weeks

Forecast

The masterbrain trajectory — 7 dated checkpoints. Short rungs (2w, 1m) show the typical range as the primary claim; point calls run from 2 months out. Every claim still gets graded. Predicted Aug 27, 2026 1:09 pm
Bull NWG trends higher to $22.40 (+21.5% from $18.43) by Feb 2027. other
ThesisNWG trades at a meaningful discount to composite fair value ($27.58) with steady earnings beats and a risk-on regime, but sentiment is neutral and the fallen-angel narrative has faded. Expect gradual mean-reversion toward the baseline endpoint, with modest early drift and stronger value gravity over months 3-6.
Invalidated ifBreak below $17.00 on rising volume or a UK bank sector risk-off shock would falsify the gradual re-rating path.
Checkpointtime after the call Datewhen it gets graded Predictedthe claim: closing price Current priceactual close — fills in over time Predicted returnpredicted vs $18.43 at call Conv.brain's confidence, 1–10 Driverwhy the brain put the point here
Prediction made Aug 27, 2026 — $18.43 at call — —The anchor — every point below is measured from this price and date.
2 weeks Sep 10, 2026 $17.36–$19.50 typical range · internal point $18.60 — ±5.8% 7/10 Low-beta drift in risk-on regime, no catalyst
What actually happened: closed $18.56 on Sep 9, 2026 = +0.7% vs the call (predicted +0.9%)  ·  direction HIT (called flat, was flat)  ·  off by 0.2 pp  ·  accuracy 10/10  ·  typical range ±5.8%: inside the band  ·  S&P -1.2% over the same window — beat it
1 month Sep 27, 2026 $16.87–$19.99 typical range · internal point $18.90 — ±8.4% 6/10 Mild momentum continuation, sector tailwind
What actually happened: closed $18.49 on Sep 25, 2026 = +0.3% vs the call (predicted +2.6%)  ·  direction HIT (called flat, was flat)  ·  off by 2.2 pp  ·  accuracy 9/10  ·  typical range ±8.4%: inside the band  ·  S&P +0.2% over the same window — lagged it
2 months Oct 27, 2026 $19.60 — +6.3% 5/10 Value gravity begins pulling toward fair value
3 months Nov 27, 2026 $20.40 — +10.7% 5/10 Continued re-rating, possible Q3 print approaching
4 months Dec 27, 2026 $21.20 — +15.0% 4/10 Year-end positioning, earnings beat streak supports
5 months Jan 27, 2027 $21.90 — +18.8% 4/10 Convergence toward baseline endpoint
6 months Feb 27, 2027 $22.40 — +21.5% 4/10 Endpoint aligns with deterministic baseline

Why ranges on the short rungs? A 102-prediction trial (2026-07-21) showed 2-week point calls carry no information here — three prompt formulations all lost to simply predicting zero — while the stock's own volatility scale (σ×√t) described those windows well. So the short rungs claim what's actually knowable: the typical travel, with earnings timing flagged where the variance will come from. The internal point calls keep being generated and graded to map where real skill begins. Full evidence: stocks/predictions/V0.5-DESIGN.md §8.

Deterministic control (v0.3 value line) targets $22.39 (+21.5%) — both lines get graded at every checkpoint, so the brain has to beat the formula, not just replace it. Brain: claude-opus-4-7.

Weaknesses

0 blocking · 1 degraded · 1 note — follow the chain top-down (cause → effect).
  • Degraded
    [warning] Cash flow quality is poor — reported earnings may not reflect reality
    upstream:valuation-synthesis
  • Note
    Valuation anchor absent: dcf.
    anchor:dcf

Equation Inputs

Everything feeding the v0.6.0 model — value anchors, the stock's own price behaviour, and the tunable knobs.

Value anchors (from deep analysis)

Price at call$18.43
Composite fair value$27.58
Signal-adjusted fair value$28.21
DCF fair value—
Anchored-PE fair value$27.58
Buy-below (value lens)$16.50
Value net score+24
Value confidence6 / 10
Quality net score+44
Memo confidence6 / 10
Deserved value (base)—
Quality tilt—
Deserved value (used)—
Coherence (value × quality)—

Price behaviour (trailing — shapes the realism line)

Realized volatility (annualized) 1m 25.9%  3m 29.2%  6m 34.3%  
Daily σ (realism noise)1.8%
Beta vs S&P 500 1m 1.16  3m 1.11  5m 1.33  
Trailing 6-month return11.3%

Knobs (equation params)

ladder["w2","m1","m2","m3","m4","m5","m6"]
llm_modelclaude-opus-4-7
max_tokens3000
control_knobs{"w_dcf":0.5,"k_qual":0.200000000000000011102230246251565404236316680908203125,"reach_6m":0.450000000000000011102230246251565404236316680908203125,"coh_floor":0.5,"conf_gain":0.059999999999999997779553950749686919152736663818359375,"noise_phi":0.84999999999999997779553950749686919152736663818359375,"conf_floor":0.40000000000000002220446049250313080847263336181640625,"w_composite":0.5,"noise_window":"3m","flat_band_pct":5,"horizon_months":6,"noise_sigma_fallback":0.01499999999999999944488848768742172978818416595458984375}
Neutral band (%)5
earnings_briefv1
prompt_versionp1
control_versionv0.3.0

Version & Tech Chain

What produced this prediction — stamped on the record so versions can be compared by success rate later.
Model v0.6.0 #271041f8fcd5

Tech composition (what this version is built from)

#ProcessKindGroup
1 Synthesis valuation-synthesis deterministic final
2 Scenario Analysis scenario-valuation deterministic valuation
3 Valuation / Mispricing ext-lens-value llm extended
4 Company Quality ext-lens-quality llm extended
5 Forensic Memo (combiner) ext-forensic-memo llm extended
6 Classification company-classification llm foundation
7 Live Quote fmp-quote data market-data

Inputs used (the runs that fed this prediction)

Upstream processRanLagRun id
company-classification Aug 11, 2026 15d behind NWG-20260811-113255-2ecc
ext-forensic-memo Aug 26, 2026 freshest ext-NWG-20260826-154022-2671
ext-lens-quality Aug 26, 2026 freshest ext-NWG-20260826-154022-2671
ext-lens-sentiment Aug 26, 2026 freshest ext-NWG-20260826-154022-2671
ext-lens-value Aug 26, 2026 freshest ext-NWG-20260826-154022-2671
valuation-synthesis Aug 27, 2026 freshest NWG-20260822-165408-52fa

Inputs flagged 7d+ behind the freshest one may be stale relative to the rest of the analysis.

Saved History

4 frozen snapshots — the record we score once predictions mature.
MadeModelCallAt callTargetExp.Eval due
Aug 27, 2026 v0.6.0 Bull $18.43 $22.40 +21.5% Feb 2027 viewing
Aug 23, 2026 v0.6.0 Bull $18.62 $22.40 +20.3% Feb 2027 view
Aug 13, 2026 v0.3.0 — — — — — view
Jul 26, 2026 v0.6.0 Bull $17.97 $22.75 +26.6% Jan 2027 view

Not Yet Modeled

What this v0.6.0 forecast deliberately ignores — the work ahead, in plain sight.
  • Scenario probabilities — one path, no bull/bear split (base_prob = 1.0).
  • Intraday / sub-2-week behaviour — the first claim is at 14 days by design (EOD product).
  • Position sizing / portfolio context — the path is a price claim only.