Ball Stock Forecast - Downside Deviation
| BALL Stock | USD 70.11 0.11 0.16% |
Ball Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Ball stock prices and determine the direction of Ball Corporation's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Ball's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Ball's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Ball's systematic risk associated with finding meaningful patterns of Ball fundamentals over time.
Check out Historical Fundamental Analysis of Ball to cross-verify your projections. Ball |
Most investors in Ball cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Ball's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Ball's price structures and extracts relationships that further increase the generated results' accuracy.
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Ball Trading Date Momentum
| On May 17 2024 Ball Corporation was traded for 70.11 at the closing time. The top price for the day was 70.54 and the lowest listed price was 69.72 . The trading volume for the day was 1.1 M. The trading history from May 17, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.30% . |
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Other Forecasting Options for Ball
For every potential investor in Ball, whether a beginner or expert, Ball's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Ball Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Ball. Basic forecasting techniques help filter out the noise by identifying Ball's price trends.Ball Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Ball stock to make a market-neutral strategy. Peer analysis of Ball could also be used in its relative valuation, which is a method of valuing Ball by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Ball Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Ball's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Ball's current price.| Cycle Indicators | ||
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| Math Transform | ||
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| Pattern Recognition | ||
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| Volume Indicators |
Ball Market Strength Events
Market strength indicators help investors to evaluate how Ball stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ball shares will generate the highest return on investment. By undertsting and applying Ball stock market strength indicators, traders can identify Ball Corporation entry and exit signals to maximize returns.
| Accumulation Distribution | 12920.0 | |||
| Daily Balance Of Power | (0.13) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 70.13 | |||
| Day Typical Price | 70.12 | |||
| Price Action Indicator | (0.07) | |||
| Period Momentum Indicator | (0.11) |
Ball Risk Indicators
The analysis of Ball's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Ball's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ball stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.7929 | |||
| Semi Deviation | 0.6821 | |||
| Standard Deviation | 1.19 | |||
| Variance | 1.4 | |||
| Downside Variance | 0.7669 | |||
| Semi Variance | 0.4652 | |||
| Expected Short fall | (0.90) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Ball using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Historical Fundamental Analysis of Ball to cross-verify your projections. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for Ball Stock analysis
When running Ball's price analysis, check to measure Ball's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ball is operating at the current time. Most of Ball's value examination focuses on studying past and present price action to predict the probability of Ball's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ball's price. Additionally, you may evaluate how the addition of Ball to your portfolios can decrease your overall portfolio volatility.
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Is Ball's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ball. If investors know Ball will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ball listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 19.772 | Dividend Share 0.8 | Earnings Share 2.08 | Revenue Per Share 44.203 | Quarterly Revenue Growth (0.04) |
The market value of Ball is measured differently than its book value, which is the value of Ball that is recorded on the company's balance sheet. Investors also form their own opinion of Ball's value that differs from its market value or its book value, called intrinsic value, which is Ball's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ball's market value can be influenced by many factors that don't directly affect Ball's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ball's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ball is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ball's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.