As of 19 of October Barnes shows Risk Adjusted Performance of 0.0159, Mean Deviation of 1.75 and Downside Deviation of 2.32. Barnes Group technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm future prices. In plain English you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found nineteen technical drivers for Barnes Group which can be compared to its rivals. Please confirm Barnes Group Value At Risk, Expected Short fall and the relationship between Treynor Ratio and Downside Variance to decide if Barnes Group is priced correctly providing market reflects its regular price of 52.21 per share. Given that Barnes has Jensen Alpha of 0.0628, we suggest you validate Barnes Group prevailing market performance to make sure the company can sustain itself at future point.
Barnes Group current and past analyst recommendations published by number of research institutions as well as average analyst consensus
|Target Price||Advice||# of Analysts|
|Barnes Analyst Advice|
|Horizon||30 Days Login to change|
Barnes Group Technical Analysis
Barnes Group Trend AnalysisUse this graph to draw trend lines for Barnes Group. You can use it to identify possible trend reversals for Barnes as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Barnes price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Barnes Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Barnes Group applied against its price change over selected period. The best fit line has a slop of 0.1 which indicates that Barnes Group will continue to generate solid returns. It has 122 observation points and a regression sum of squares at 358.48, which is the sum of squared deviations for the predicted Barnes price change compared to its average price change.
Barnes October 19, 2019 Technical Indicators
|Risk Adjusted Performance||0.0159|
|Market Risk Adjusted Performance||0.0182|
|Coefficient Of Variation||9424.59|
|Total Risk Alpha||0.082|
|Value At Risk||(3.61)|
|Expected Short fall||(1.72)|
Barnes October 19, 2019 Daily Price Condition
|Daily Balance Of Power||(0.39)|
|Rate Of Daily Change||0.99|
|Day Median Price||52.84|
|Day Typical Price||52.63|
|Price Action Indicator||(0.91)|