Ball Corporation Stock Performance
| BALL Stock | USD 69.27 0.11 0.16% |
Ball has a performance score of 12 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.91, which signifies possible diversification benefits within a given portfolio. Ball returns are very sensitive to returns on the market. As the market goes up or down, Ball is expected to follow. Ball right now shows a risk of 1.21%. Please confirm Ball total risk alpha, expected short fall, price action indicator, as well as the relationship between the value at risk and daily balance of power , to decide if Ball will be following its price patterns.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Ball Corporation are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. Despite quite conflicting essential indicators, Ball may actually be approaching a critical reversion point that can send shares even higher in June 2024. ...more
| Ball dividend paid on 15th of March 2024 | 03/15/2024 |
1 | Investors in Ball have seen returns of 30 percent over the past year | 04/09/2024 |
2 | Why Earnings Season Could Be Great for Ball Corp | 04/25/2024 |
3 | Ball Corp shares get boost from Truist, cites improved operations | 04/29/2024 |
4 | Disposition of 3576 shares by Glew Mandy of Ball at 55.87 subject to Rule 16b-3 | 04/30/2024 |
5 | Ball Corporation Q1 2024 Earnings Call Transcript | 05/01/2024 |
6 | Ball Has Announced A Dividend Of 0.20 | 05/02/2024 |
| Begin Period Cash Flow | 558 M |
Ball |
Ball Relative Risk vs. Return Landscape
If you would invest 6,180 in Ball Corporation on February 14, 2024 and sell it today you would earn a total of 747.00 from holding Ball Corporation or generate 12.09% return on investment over 90 days. Ball Corporation is currently generating 0.1913% in daily expected returns and assumes 1.2126% risk (volatility on return distribution) over the 90 days horizon. In different words, 10% of stocks are less volatile than Ball, and 97% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Ball Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ball's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Ball Corporation, and traders can use it to determine the average amount a Ball's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1578
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Estimated Market Risk
| 1.21 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Ball is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Ball by adding it to a well-diversified portfolio.
Ball Fundamentals Growth
Ball Stock prices reflect investors' perceptions of the future prospects and financial health of Ball, and Ball fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Ball Stock performance.
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0425 | ||||
| Profit Margin | 0.30 % | ||||
| Operating Margin | 0.08 % | ||||
| Current Valuation | 25.97 B | ||||
| Shares Outstanding | 310.38 M | ||||
| Price To Earning | 18.73 X | ||||
| Price To Book | 5.47 X | ||||
| Price To Sales | 1.47 X | ||||
| Revenue | 14.03 B | ||||
| EBITDA | 2.11 B | ||||
| Cash And Equivalents | 473 M | ||||
| Cash Per Share | 1.51 X | ||||
| Total Debt | 8.57 B | ||||
| Debt To Equity | 2.62 % | ||||
| Book Value Per Share | 23.35 X | ||||
| Cash Flow From Operations | 1.86 B | ||||
| Earnings Per Share | 2.08 X | ||||
| Total Asset | 19.3 B | ||||
| Retained Earnings | 7.76 B | ||||
About Ball Performance
To evaluate Ball Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Ball generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Ball Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Ball market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Ball's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Ball Corporation supplies aluminum packaging products for the beverage, personal care, and household products industries in the United States, Brazil, and internationally. Ball Corporation was founded in 1880 and is headquartered in Westminster, Colorado. Ball operates under Packaging Containers classification in the United States and is traded on New York Stock Exchange. It employs 24300 people.Things to note about Ball performance evaluation
Checking the ongoing alerts about Ball for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Ball help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The company currently holds 8.57 B in liabilities with Debt to Equity (D/E) ratio of 2.62, implying the company greatly relies on financing operations through barrowing. Ball has a current ratio of 0.92, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Ball until it has trouble settling it off, either with new capital or with free cash flow. So, Ball's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Ball sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ball to invest in growth at high rates of return. When we think about Ball's use of debt, we should always consider it together with cash and equity. | |
| Over 89.0% of Ball shares are held by institutions such as insurance companies | |
| Latest headline from MacroaxisInsider: Disposition of 3576 shares by Glew Mandy of Ball at 55.87 subject to Rule 16b-3 |
- Analyzing Ball's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Ball's stock is overvalued or undervalued compared to its peers.
- Examining Ball's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Ball's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ball's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Ball's stock. These opinions can provide insight into Ball's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ball Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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.
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.