Taking into account the 30 trading days horizon, and your above average risk tolerance our recommendation regarding Barnes Group is 'Strong Hold'
. Macroaxis provides Barnes buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Barnes positions. The advice algorithm takes into account all of Barnes Group available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from Barnes buy-and-hold prospective. Check also Barnes Analyst Recommendation
to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings
For the selected time horizon Barnes Group has a risk adjusted performance of 0.0159, jensen alpha of 0.0628, total risk alpha of 0.082, sortino ratio of 0.019 and treynor ratio of 0.0082
Macroaxis buy, hold, or sell suggestion module provides unbiased buy, hold, or sell recommendation that can be used to complement current average analyst sentiment
on Barnes Group. Our buy, hold, or sell suggestion engine suggest current market data to analyse the corporation potential to grow from the prospective of investors risk tolerance and investing horizon. To make sure Barnes is not overpriced, please confirm all Barnes Group fundamentals including its Number of Shares Shorted
, Cash and Equivalents
, as well as the relationship
between Price to Book
. Given that Barnes Group
has Price to Earning
, we suggest you validate Barnes Group market performance and probability of bankruptcy to make sure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.
Barnes Trading Alerts and Improvement Suggestions
Barnes current analysts recommendations
|Target Median Price||56.00|
|Target Mean Price||57.71|
|Target High Price||68.00|
|Number Of Analyst Opinions||7|
|Target Low Price||45.00|
Barnes Returns Distribution Density
Barnes Volatility Alert
Barnes Group currently demonstrates below average downside deviation of 2.32. It has Information Ratio of 0.02 and Jensen Alpha of 0.06. However, we do advice investors to further question Barnes Group expected returns to make sure all indicators are consistent with the current outlook about its relatively low value at risk.
Barnes Fundamental Vs Peers
| ||Acquisition by Patrick Dempsey of 13000 shares of Barnes subject to Rule 16b-3 [view details]|