Macedonia Banks Balance Sheet
Macedonia · Monthly series · EC-MK-BBS
Latest, August 2026
1.12T MKD
+1.0% from July 2026
Forecast
Forecast for August 2027: 1.22T MKD, with an 80% interval of 1.14T MKD to 1.29T MKD.
| Period | Forecast | 80% low | 80% high |
|---|---|---|---|
| September 2026 | 1.13T MKD | 1.13T MKD | 1.14T MKD |
| October 2026 | 1.14T MKD | 1.13T MKD | 1.15T MKD |
| November 2026 | 1.15T MKD | 1.14T MKD | 1.16T MKD |
| December 2026 | 1.16T MKD | 1.10T MKD | 1.23T MKD |
| January 2027 | 1.17T MKD | 1.13T MKD | 1.20T MKD |
| February 2027 | 1.17T MKD | 1.14T MKD | 1.21T MKD |
| March 2027 | 1.18T MKD | 1.14T MKD | 1.22T MKD |
| April 2027 | 1.18T MKD | 1.15T MKD | 1.22T MKD |
| May 2027 | 1.19T MKD | 1.15T MKD | 1.24T MKD |
| June 2027 | 1.20T MKD | 1.14T MKD | 1.27T MKD |
| July 2027 | 1.21T MKD | 1.14T MKD | 1.28T MKD |
| August 2027 | 1.22T MKD | 1.14T MKD | 1.29T MKD |
AI confidence
Supported evidenceThe point forecast beat the no-change baseline overall and in a majority of the evaluated tests.
Model: Agentic Investor TSFM (foundation model)
- Accuracy vs naive
- +57%Beats the no-change baseline over 12 tests (12 tests, 12 won)
- Direction
- 93%Beats a coin flip (134 of 144 calls right in 12 tests)
- Turning points
- 0 of 53Anticipated no turn, as the no-change baseline does (53 turns in 12 tests, 0 without a turn)
- Error vs baseline
- 57% lowerError ratio 0.43; 1.00 is a tie.
- Tests won
- 12 / 12Complete rolling backtests; ties count as no win.
- Test period
- 2014-09-01 to 2026-08-0112 observations ahead per test.
- 80% band coverage
- 81%Observed outcomes inside the band across all stored test windows.
- Band coverage uses all stored test windows, including model-selection windows when present; it does not determine the confidence label.
- Evaluated 2026-11-15 against the cached history through 2026-08-01.
- This is an evaluation of the serving model; it does not establish a winner across four model classes.
How this assessment is made
AI confidence describes historical evidence for this forecast, not a probability of being correct. Each backtest fits on data available before its test window. The baseline carries the last value forward. Supported evidence requires at least six complete, non-overlapping tests, an error ratio below 0.90 (rounded to two decimals), and wins in a majority of tests. Ratios from 0.90 to below 1.10 are on par; 1.10 or above is weak evidence. Inconsistent wins produce mixed evidence. For a selected model, only the recent tests excluded from model selection determine this label. These are historical simulations using the available data, not a live trading track record; revisions and foundation-model pretraining can limit how closely they reproduce a past decision. Past performance can change.
Model comparison
Comparison pendingA new ticker first receives its serving model's forecast and evaluation. An eligible nightly batch can compare both candidates, subject to call budgets and retry limits.
Reading
That is the highest of the 120 readings since September 2016.
Recent history (24 observations)
| Period | Value |
|---|---|
| August 2026 | 1.12T MKD |
| July 2026 | 1.11T MKD |
| June 2026 | 1.11T MKD |
| May 2026 | 1.10T MKD |
| April 2026 | 1.09T MKD |
| March 2026 | 1.10T MKD |
| February 2026 | 1.08T MKD |
| January 2026 | 1.08T MKD |
| December 2025 | 1.08T MKD |
| November 2025 | 1.04T MKD |
| October 2025 | 1.03T MKD |
| September 2025 | 1.02T MKD |
| August 2025 | 1.01T MKD |
| July 2025 | 1.00T MKD |
| June 2025 | 990.56B MKD |
| May 2025 | 979.01B MKD |
| April 2025 | 963.37B MKD |
| March 2025 | 948.71B MKD |
| February 2025 | 940.81B MKD |
| January 2025 | 936.27B MKD |
| December 2024 | 949.74B MKD |
| November 2024 | 909.60B MKD |
| October 2024 | 898.55B MKD |
| September 2024 | 885.80B MKD |
Source
Data: public market data feeds.
More from Agentic Investor
- Open Macedonia Banks Balance Sheet in the app: the interactive chart and a fresh forecast
- World and commodity series: every stored series
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Also stored for Macedonia
- Macedonia Balance Of Trade
- Macedonia Building Permits
- Macedonia Business Confidence Index
- Macedonia Capital Flows
- Macedonia Central Bank Balance Sheet
- Macedonia Central Bank Lending Rate
- Macedonia Changes In Inventories
- Macedonia Construction Output YoY
- Macedonia Consumer Credit
- Macedonia Consumer Price Index
- Macedonia Consumer Spending
- Macedonia Core Consumer Prices