Barnes Group Stock Price on August 29, 2024
| B Stock | USD 46.74 0.02 0.04% |
If you're considering investing in Barnes Stock, it is important to understand the factors that can impact its price. As of today, the current price of Barnes stands at 46.74, as last reported on the 22nd of November, with the highest price reaching 46.80 and the lowest price hitting 46.72 during the day. Barnes appears to be very steady, given 3 months investment horizon. Barnes Group secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We have found thirty technical indicators for Barnes Group, which you can use to evaluate the volatility of the firm. Please makes use of Barnes' Downside Deviation of 1.62, risk adjusted performance of 0.1082, and Mean Deviation of 1.21 to double-check if our risk estimates are consistent with your expectations.
Barnes Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Barnes |
Sharpe Ratio = 0.1335
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Estimated Market Risk
| 2.26 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Barnes is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Barnes by adding it to a well-diversified portfolio.
Barnes Valuation on August 29, 2024
It is possible to determine the worth of Barnes on a given historical date. On August 29, 2024 Barnes was worth 40.39 at the beginning of the trading date compared to the closed value of 40.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Barnes stock. Still, in general, we apply an absolute valuation method to find Barnes' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Barnes where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Barnes' related companies.
| Open | High | Low | Close | Volume | |
| 39.91 | 40.38 | 39.51 | 39.92 | 246,151 | |
08/29/2024 | 40.39 | 41.09 | 39.71 | 40.75 | 256,059 |
| 40.87 | 41.11 | 39.50 | 40.04 | 417,536 |
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Barnes Trading Date Momentum on August 29, 2024
| On August 30 2024 Barnes Group was traded for 40.04 at the closing time. The highest price during the trading period was 41.11 and the lowest recorded bid was listed for 39.50 . The volume for the day was 417.5 K. This history from August 30, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.74% . The overall trading delta to the current price is 10.38% . |
Barnes Group Fundamentals Correlations and Trends
By evaluating Barnes' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Barnes' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Barnes financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Barnes Stock history
Barnes investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Barnes is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Barnes Group will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Barnes stock prices may prove useful in developing a viable investing in Barnes
Barnes Group Inc. provides engineered products, industrial technologies, and solutions in the United States and internationally. Barnes Group Inc. was founded in 1857 and is headquartered in Bristol, Connecticut. Barnes operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. It employs 5100 people.
Barnes Stock Technical Analysis
Barnes technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Barnes Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Barnes Group cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Barnes November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Barnes stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Barnes shares will generate the highest return on investment. By undertsting and applying Barnes stock market strength indicators, traders can identify Barnes Group entry and exit signals to maximize returns
Barnes Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Barnes' price direction in advance. Along with the technical and fundamental analysis of Barnes Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Barnes to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1082 | |||
| Jensen Alpha | 0.2293 | |||
| Total Risk Alpha | 0.0258 | |||
| Sortino Ratio | 0.1248 | |||
| Treynor Ratio | 0.4199 |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Barnes Stock analysis
When running Barnes' price analysis, check to measure Barnes' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Barnes is operating at the current time. Most of Barnes' value examination focuses on studying past and present price action to predict the probability of Barnes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Barnes' price. Additionally, you may evaluate how the addition of Barnes to your portfolios can decrease your overall portfolio volatility.
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