The firm shows a Beta (market volatility) of 0.6596, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Ball's beta means in this case. As returns on the market increase, Ball returns are expected to increase less than the market. However, during the bear market, the loss on holding Ball will be expected to be smaller as well. Even though it is essential to pay attention to
Ball historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing any stock's
future performance is to check both, its past performance charts as well as the business as a whole, including all available
technical indicators. Ball Corporation exposes twenty-eight different technical indicators, which can help you to evaluate its performance.
Ball has an expected return of -0.1%. Please be advised to confirm Ball
total risk alpha,
expected short fall,
market facilitation index, as well as the
relationship between the
value at risk and
daily balance of power to decide if
Ball stock performance from the past will be repeated at some point in the near future.
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. Financial leverage can amplify the potential profits to Ball's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Ball's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the
breakdown between Ball's total debt and its cash.
An Additional Perspective On Ball
Earning per share calculations of Ball is based on official Zacks consensus of 6 analysts regarding Ball's future annual earnings. Given the historical accuracy of 94.29%, the future earnings per share of the company is estimated to be 2.9333 with the lowest and highest values of 2.89 and 2.97, respectively. Please note that this consensus of annual earnings estimates for the firm is an estimate of EPS before non-recurring items and including employee stock options expenses.
Is Ball a risky opportunity?
Let's check the volatility. Ball is looking slightly risky at this time. Whether you invest your money or manage your clients' funds, remember that it is easy to forget that behind Ball (NYSE:BLL) stock is an actual business venture. So, do not let stock picking become an abstract concept by ignoring the elementary risk calculations. acquiring a share of a Ball stock makes you a part-owner of that company.
Ball Corporation Current Consensus
Here is the new trade recommendation based on an ongoing consensus estimate among financial analysis covering Ball. The Ball consensus assessment is calculated by taking the average estimates from all of the analysts covering Ball
| Strong Buy | 6 | 50.0 |
| Buy | 1 | 8.33 |
| Hold | 5 | 41.67 |
| Sell | 0 | 0.0 |
| Strong Sell | 0 | 0.0 |
Ball may start a collapse in March
New total risk alpha is at -0.25. Ball Corporation has relatively low volatility with skewness of -0.4 and kurtosis of 0.86. However, we advise all investors to independently investigate Ball Corporation to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns.
Our Final Take On Ball
While some other firms 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. While some stakeholders may not share our view, we believe it may be a good time to increase your existing holdings in Ball. 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.
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Vlad Skutelnik is a Macroaxis Contributor. Vlad covers stocks, funds, cryptocurrencies, and ETFs that are traded in North America, focusing primarily on fundamentals, valuation and market volatility. He has many years of experience in fintech, predictive investment analytics, and risk management.
View Profile 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 Vlad Skutelnik do not own shares of Ball Corporation. Please refer to our
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