Barnes Group Stock Market Value
| B Stock | USD 46.82 0.08 0.17% |
| Symbol | Barnes |
Barnes Group Price To Book Ratio
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Barnes. If investors know Barnes will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Barnes listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.85) | Dividend Share 0.64 | Earnings Share (0.78) | Revenue Per Share 31.545 | Quarterly Revenue Growth 0.074 |
The market value of Barnes Group is measured differently than its book value, which is the value of Barnes that is recorded on the company's balance sheet. Investors also form their own opinion of Barnes' value that differs from its market value or its book value, called intrinsic value, which is Barnes' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Barnes' market value can be influenced by many factors that don't directly affect Barnes' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Barnes' value and its price as these two are different measures arrived at by different means. Investors typically determine if Barnes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Barnes' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Barnes 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Barnes' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Barnes.
| 02/29/2024 |
| 11/25/2024 |
If you would invest 0.00 in Barnes on February 29, 2024 and sell it all today you would earn a total of 0.00 from holding Barnes Group or generate 0.0% return on investment in Barnes over 270 days. Barnes is related to or competes with Morningstar Unconstrained, High-yield Municipal, Thrivent High, Via Renewables, T Rowe, Jpmorgan Smartretirement*, and 70082LAB3. Barnes Group Inc. provides engineered products, industrial technologies, and solutions in the United States and internat... More
Barnes Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Barnes' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Barnes Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.62 | |||
| Information Ratio | 0.0956 | |||
| Maximum Drawdown | 13.24 | |||
| Value At Risk | (2.10) | |||
| Potential Upside | 2.72 |
Barnes Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Barnes' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Barnes' standard deviation. In reality, there are many statistical measures that can use Barnes historical prices to predict the future Barnes' volatility.| Risk Adjusted Performance | 0.1247 | |||
| Jensen Alpha | 0.2512 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.1321 | |||
| Treynor Ratio | 0.4856 |
Barnes Group Backtested Returns
Barnes appears to be very steady, given 3 months investment horizon. Barnes Group secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% 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' Risk Adjusted Performance of 0.1247, downside deviation of 1.62, and Mean Deviation of 1.23 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Barnes holds a performance score of 9. The firm shows a Beta (market volatility) of 0.69, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Barnes' returns are expected to increase less than the market. However, during the bear market, the loss of holding Barnes is expected to be smaller as well. Please check Barnes' value at risk, expected short fall, and the relationship between the treynor ratio and downside variance , to make a quick decision on whether Barnes' price patterns will revert.
Auto-correlation | 0.64 |
Good predictability
Barnes Group has good predictability. Overlapping area represents the amount of predictability between Barnes time series from 29th of February 2024 to 13th of July 2024 and 13th of July 2024 to 25th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Barnes Group price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Barnes price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 15.96 |
Barnes Group lagged returns against current returns
Autocorrelation, which is Barnes stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Barnes' stock expected returns. We can calculate the autocorrelation of Barnes returns to help us make a trade decision. For example, suppose you find that Barnes has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Barnes regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Barnes stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Barnes stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Barnes stock over time.
Current vs Lagged Prices |
| Timeline |
Barnes Lagged Returns
When evaluating Barnes' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Barnes stock have on its future price. Barnes autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Barnes autocorrelation shows the relationship between Barnes stock current value and its past values and can show if there is a momentum factor associated with investing in Barnes Group.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Barnes Correlation, Barnes Volatility and Barnes Alpha and Beta module to complement your research on Barnes. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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.