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Barnes Risk Analysis And Volatility

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B -- USA Stock  

Earnings Report: April 24, 2020  

We consider Barnes very steady. Barnes Group secures Sharpe Ratio (or Efficiency) of 0.117 which signifies that the organization had 0.117% of return per unit of risk over the last 3 months. Our philosophy towards foreseeing volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Barnes Group which you can use to evaluate future volatility of the firm. Please confirm Barnes Group Risk Adjusted Performance of 0.1121, Downside Deviation of 1.28 and Mean Deviation of 1.04 to double-check if risk estimate we provide are consistent with the epected return of 0.1614%.
Equity
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Interest Expense

90 Days Market Risk

Very steady

Chance of Distress

Below Average

90 Days Economic Sensitivity

Almost neglects market trends

Barnes Market Sensitivity

As returns on market increase, returns on owning Barnes are expected to decrease at a much smaller rate. During bear market, Barnes is likely to outperform the market.
3 Months Beta |Analyze Barnes Group Demand Trend
Check current 30 days Barnes correlation with market (DOW)
β = -0.4012

Barnes Central Daily Price Deviation

Barnes Group Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Developed by Larry Williams, the Weighted Close is the average of Barnes Group high, low and close of a chart with the close values weighted twice. It can be used to smooth an indicator that normally takes only Barnes closing price as input. View also all equity analysis or get more info about weighted close price price transform indicator.

Barnes Projected Return Density Against Market

Taking into account the 30 trading days horizon, Barnes Group has beta of -0.4012 . This suggests as returns on benchmark increase, returns on holding Barnes are expected to decrease at a much smaller rate. During bear market, however, Barnes Group is likely to outperform the market. Moreover, The company has an alpha of 0.2013 implying that it can potentially generate 0.2013% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
    
  Returns 
Taking into account the 30 trading days horizon, the coefficient of variation of Barnes is 854.56. The daily returns are destributed with a variance of 1.9 and standard deviation of 1.38. The mean deviation of Barnes Group is currently at 1.04. For similar time horizon, the selected benchmark (DOW) has volatility of 0.78
α
Alpha over DOW
=0.20
β
Beta against DOW=0.4
σ
Overall volatility
=1.38
Ir
Information ratio =0.09

Barnes Return Volatility

the company accepts 1.3795% volatility on return distribution over the 30 days horizon. the entity inherits 0.8011% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
    
  Timeline 

Barnes Investment Opportunity

Barnes Group has a volatility of 1.38 and is 1.73 times more volatile than DOW. 12  of all equities and portfolios are less risky than Barnes. Compared to the overall equity markets, volatility of historical daily returns of Barnes Group is lower than 12 () of all global equities and portfolios over the last 30 days. Use Barnes Group to protect your portfolios against small markets fluctuations. The stock experiences unexpected downward movement. The market is reacting to new fundamentals. Check odds of Barnes to be traded at $62.1 in 30 days. . As returns on market increase, returns on owning Barnes are expected to decrease at a much smaller rate. During bear market, Barnes is likely to outperform the market.

Barnes correlation with market

correlation synergy
Very good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Barnes Group Inc and equity matching DJI index in the same portfolio.

Barnes Current Risk Indicators

Barnes Suggested Diversification Pairs

Continue to Trending Equities. Please also try Money Flow Index module to determine momentum by analyzing money flow index and other technical indicators.
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