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Barnes Probability of Target Price Finishing Above 66.79

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B -- USA Stock  

Fiscal Quarter End: March 31, 2020  

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. Continue to Barnes Backtesting, Barnes Valuation, Barnes Correlation, Barnes Hype Analysis, Barnes Volatility, Barnes History as well as Barnes Performance.
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Barnes Target Price Odds to finish below 66.79

Current PriceHorizonTarget PriceOdds to stay under $ 66.79  after 30 days
 54.22 30 days 66.79 
about 92.95
Based on normal probability distribution, the odds of Barnes to stay under $ 66.79  after 30 days from now is about 92.95 (This Barnes Group probability density function shows the probability of Barnes Stock to fall within a particular range of prices over 30 days) . Probability of Barnes Group price to stay between its current price of $ 54.22  and $ 66.79  at the end of the 30-day period is more than 93.0 .
Taking into account the 30 trading days horizon, the stock has beta coefficient of 1.04 . This suggests Barnes Group market returns are sensitive to returns on the market. As the market goes up or down, Barnes is expected to follow. Additionally The company has an alpha of 0.0014 implying that it can potentially generate 0.0014% excess return over DOW after adjusting for the inherited market risk (beta).
 Barnes Price Density 
    
  Price 
α
Alpha over DOW
=0.001375
β
Beta against DOW=1.04
σ
Overall volatility
=2.48
Ir
Information ratio =0.0007

Barnes Alerts and Suggestions

Barnes Group generates negative expected return over the last 30 days
Barnes Group has accumulated $909.9 Million in debt which can lead to volatile earnings
Over 92.0% of the company shares are held by institutions such as insurance companies
On February 26, 2020 Barnes paid $ 0.16 per share dividend to its current shareholders
Latest headline from MacroaxisInsider: Payment of 5172 shares by O Brien Lawrence W of Barnes subject to Rule 16b-3

BarnesPrice Density Drivers

Shares Percent Shares Out1.49%
Trailing Annual Dividend Rate0.64
Short Percent Of Float1.88%
Float Shares47.77M
Shares Short Prior Month877.42k
Average Daily Volume Last 10 Day229.46k
Average Daily Volume In Three Month162.23k
Date Short InterestJanuary 31, 2020
Trailing Annual Dividend Yield0.97%