Barnes Group Stock Alpha and Beta Analysis

B Stock  USD 37.15  0.33  0.88%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Barnes Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in Barnes over a specified time horizon. Remember, high Barnes' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Barnes' market risk premium analysis include:
Beta
2.42
Alpha
(0.02)
Risk
1.92
Sharpe Ratio
0.12
Expected Return
0.24
Please note that although Barnes alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., NYSE Composite index.) So in this particular case, Barnes did 0.02  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Barnes Group stock's relative risk over its benchmark. Barnes Group has a beta of 2.42  . As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Barnes will likely underperform. At present, Barnes' Price Book Value Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price Fair Value is expected to grow to 2.12, whereas Enterprise Value Multiple is forecasted to decline to 6.74.

Barnes Quarterly Cash And Equivalents

90.04 Million

Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
  
Check out Barnes Backtesting, Barnes Valuation, Barnes Correlation, Barnes Hype Analysis, Barnes Volatility, Barnes History and analyze Barnes Performance.

Barnes Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Barnes market risk premium is the additional return an investor will receive from holding Barnes long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Barnes. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Barnes' performance over market.
α-0.02   β2.42

Barnes expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Barnes' Buy-and-hold return. Our buy-and-hold chart shows how Barnes performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Barnes Market Price Analysis

Market price analysis 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 understating and applying Barnes stock market price indicators, traders can identify Barnes position entry and exit signals to maximize returns.

Barnes Return and Market Media

The median price of Barnes for the period between Fri, Dec 29, 2023 and Thu, Mar 28, 2024 is 34.52 with a coefficient of variation of 7.15. The daily time series for the period is distributed with a sample standard deviation of 2.44, arithmetic mean of 34.09, and mean deviation of 2.14. The Stock received a lot of media exposure during the period.
 Price Growth (%)  
       Timeline  
1
Barnes Group Inc. Shares Could Be 23 percent Below Their Intrinsic Value Estimate
02/01/2024
2
Irenic Encourages Barnes Group to Move with Greater Urgency to Collaborate on Necessary Board Improvements
02/16/2024
3
Barnes Group Inc. to Post FY2025 Earnings of 2.32 Per Share, Zacks Research Forecasts
02/21/2024
4
Q4 2023 Barnes Group Inc Earnings Call Transcript
02/28/2024
5
Barnes Group Full Year 2023 Earnings EPS Beats Expectations
03/01/2024
6
Barnes Group Longtime Chairman to Retire From Board Amid Deal With Activist Hedge Fund
03/05/2024
 
Barnes dividend paid on 8th of March 2024
03/08/2024
8
BOS Intelligent Robotics Division Receives an Order for 615,000
03/11/2024
9
Aircraft Component MRO Industry Report 2024 Global Forecasts to 2032 with Regional Analysis and Insights
03/19/2024
10
Barnes Announces First Quarter 2024 Earnings Conference Call and Webcast
03/20/2024
11
Heres Why We Think B.O.S. Better Online Solutions Is Well Worth Watching
03/27/2024

About Barnes Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Barnes or other stocks. Alpha measures the amount that position in Barnes Group has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2021 2022 2023 2024 (projected)
Price Earnings Ratio23.76154.45104.14109.35
Short Term Coverage Ratios44.9352.295.164.9

Barnes Upcoming Company Events

As portrayed in its financial statements, the presentation of Barnes' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Barnes' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Barnes' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Barnes. Please utilize our Beneish M Score to check the likelihood of Barnes' management manipulating its earnings.
16th of February 2024
Upcoming Quarterly Report
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25th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
16th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Build Portfolio with Barnes

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When determining whether Barnes Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Barnes' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Barnes Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Barnes Group Stock:
Check out Barnes Backtesting, Barnes Valuation, Barnes Correlation, Barnes Hype Analysis, Barnes Volatility, Barnes History and analyze Barnes Performance.
Note that the Barnes Group information on this page should be used as a complementary analysis to other Barnes' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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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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.
A focus of Barnes technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Barnes trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...