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Barnes Stock Forecast - Simple Moving Average

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B -- USA Stock  

Earnings Report: April 24, 2020  

Investors can use this prediction interface to forecast Barnes historic stock prices and determine the direction of Barnes Group future trends based on various well-known forecasting models. However looking at historical price movement exclusively is usually misleading. Macroaxis recommends to always use this module together with analysis of Barnes historical fundamentals such as revenue growth or operating cash flow patterns. Although naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of Barnes Group systematic risks associated with finding meaningful patterns of Barnes fundamentals over time. Continue to Historical Fundamental Analysis of Barnes to cross-verify your projections.
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A two period moving average forecast for Barnes is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.
Given 30 days horizon, the value of Barnes Group on the next trading day is expected to be 65.485

Barnes Stock Forecast Pattern

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Barnes Forecasted Value

Market Value
64.69
February 22, 2020
65.48
Expected Value
69.62
Upside

Model Predictive Factors

AICAkaike Information Criteria116.1683
BiasArithmetic mean of the errors -0.1142
MADMean absolute deviation0.73
MAPEMean absolute percentage error0.0114
SAESum of the absolute errors43.8
The simple moving average model is conceptually a linear regression of the current value of Barnes Group price series against current and previous (unobserved) value of Barnes. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting stock prices into the future

Volatility Measures

Barnes Risk Indicators

Current Sentiment - B

Barnes Group Investor Sentiment

More than half of Macroaxis users are currently bullish on Barnes Group. What is your opinion about investing in Barnes Group? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Barnes Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Barnes and Ampco Pittsburgh. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run Pair Correlation  
Continue to Historical Fundamental Analysis of Barnes to cross-verify your projections. Please also try Pattern Recognition module to use different pattern recognition models to time the market across multiple global exchanges.