Barnes Probability of Target Price Finishing Over Current Price

B -- USA Stock  

Fiscal Quarter End: December 31, 2019  

Barnes probability of target price tool provides mechanism to make assumptions about upside and downside potential of Barnes Group performance during a given time horizon utilizing its historical volatility. Please specify Barnes time horizon, a valid symbol (red box) and a target price (blue box) you would like Barnes odds to be computed. Check also Barnes Backtesting, Barnes Valuation, Barnes Correlation, Barnes Hype Analysis, Barnes Volatility, Barnes History as well as Barnes Performance.
Horizon     30 Days    Login   to change
Refresh Odds

Barnes Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 59.81 30 days 59.81 
about 8.56
Based on normal probability distribution, the odds of Barnes to move above current price in 30 days from now is about 8.56 (This Barnes Group probability density function shows the probability of Barnes Stock to fall within a particular range of prices over 30 days) .
Taking into account the 30 trading days horizon, the stock has beta coefficient of 1.7413 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average . However, if the benchmark returns are expected to be negative, Barnes will likely underperform. Additionally The company has an alpha of 0.2552 implying that it can potentially generate 0.2552% excess return over DOW after adjusting for the inherited market risk (beta).
 Barnes Price Density 
Alpha over DOW
Beta against DOW=1.74
Overall volatility
Information ratio =0.14

Barnes Alerts and Suggestions

Barnes Group has accumulated $909.9 Million in debt which can lead to volatile earnings
Over 87.0% of the company shares are held by institutions such as insurance companies
Latest headline from MacroaxisInsider: Barnes exotic insider transaction detected

BarnesPrice Density Drivers

Shares Percent Shares Out1.18%
Trailing Annual Dividend Rate0.64
Short Percent Of Float1.49%
Float Shares47.49M
Shares Short Prior Month726.93k
Average Daily Volume Last 10 Day220.74k
Average Daily Volume In Three Month252.75k
Date Short InterestOctober 31, 2019
Trailing Annual Dividend Yield1.06%