Ball Story

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BLL -- USA Stock  

USD 81.47  1.37  1.71%

It appears without question that Ball may not recover as fast as we have hopped for as its price went down 0.8% today. The company's current daily volatility is 1.94 percent, with a beta of 0.72 and an alpha of 0.05 over DOW. While many traders are getting carried away by overanalyzing market volatility, it is reasonable to summarize Ball Corporation based on how it reacts to the new economic swings. Why are we still confident in our projection for a recovery.
Published over a month ago
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Are Ball (NYSE:BLL) stakeholders starting to panic?
Ball Corporation has roughly 801 M in cash with 969 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.46. Macroaxis provides unbiased investment recommendation on Ball that should be used to complement current analysts and expert consensus on Ball Corporation. Our trade advice engine determines the company's potential to grow exclusively from the perspective of an investors' current risk tolerance and investing horizon.
Investing in Ball, just like investing in any other equity instrument, is characterized by a strong risk-return correlation. High risks mean high returns and low risk means lower expected returns. Risk management is the act of identifying and assessing the potential risk and developing strategies to minimize these risks and earn maximum possible profits while holding Ball along with other instruments in the same portfolio. Using conventional technical analysis and fundamental analysis to select individual securities into a portfolio complements risk management and adds value to overall investors' investing strategies.

How important is Ball's Liquidity

Ball financial leverage refers to using borrowed capital as a funding source to finance Ball Corporation ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Ball financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Ball's total debt and its cash.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions. It is good to see analyst projects for Ball, but it might be worth checking our own buy vs. sell analysis

Ball Correlation with Peers

Investors in Ball can reduce exposure to individual asset risk by holding a diversified portfolio of assets in addition to a long position in Ball Corporation. Diversification will allow for the same portfolio return with reduced risk. The correlation table of Ball and its peers is a two-dimensional matrix that shows the correlation coefficient between pairs of securities Ball is related in some way. The cells in the table are color-coded to highlight significantly positive and negative relationships. Each cell shows the correlation between one pair of equities and can be used to run pair trading strategies or create efficient portfolios with your current brokerage. Please check volatility of Ball for more details

Breaking down Ball Indicators

Ball appears to be very steady, given 1 month investment horizon. Ball secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had 0.13% of return per unit of risk over the last month. Our standpoint towards foreseeing the volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Ball Corporation, which you can use to evaluate future volatility of the firm. Please makes use of Ball Risk Adjusted Performance of 0.1777, mean deviation of 1.32, and Downside Deviation of 2.21 to double-check if our risk estimates are consistent with your expectations.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Ball has 77 percent chance to pull down way below $73 in September

The semi deviation is down to 2.04 as of today. Ball Corporation currently demonstrates below-verage downside deviation. It has Information Ratio of 0.0 and Jensen Alpha of 0.05. However, we do advice investors to further question Ball Corporation expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk.

Our Bottom Line On Ball

While many other companies in the packaging & containers industry are either recovering or due for a correction, Ball may not be as strong as the others in terms of longer-term growth potentials. The inconsistency in the assessment between current Ball valuation and our trade advice on Ball is due to the recent market swings and your selection of investing horizon. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Ball.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Achuva Shats do not own shares of Ball Corporation. Please refer to our Terms of Use for any information regarding our disclosure principles.

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