Crown Story

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CCK -- USA Stock  

USD 98.25  1.64  1.70%

Whilst many millenniums are getting more into consumer cyclical space, it makes sense to examine Crown Holdings against current trends within the economy. As we have suggested previously, Crown Holdings is beginning its plunge as traders shift to be more bearish due to the increased sector volatility. The returns on investing in Crown Holdings and the market returns of the last few months appear disconnected. Strong basic indicators of the firm may also signify signals of long-lasting gains for Crown traders. Crown Holdings is scheduled to announce its earnings today. The next earnings report is expected on the 2nd of February 2021.
Published over a month ago
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Will Crown Holdings (NYSE:CCK) continue to plunge in November?
The company's average rating is Buy from 10 analysts. Do analysts base this consensus on technical analyses? We know that typical technical analysis utilizes price momentum, patterns, and trends looking at historical prices. It aims to identify signals based on Crown Holdings market sentiment investors' perception of the future value of Crown. Let us look at a few aspects of Crown technical analysis.
Using predictive technical analysis, we will analyze different prices and returns patterns and diagnose historical swings to determine the real value of Crown Holdings. In general, we focus on analyzing Crown Holdings stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Crown Holdings's daily price indicators and compare them against related drivers such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Crown Holdings's intrinsic value. In addition to deriving basic predictive indicators for Crown Holdings, we also check how macroeconomic factors affect Crown Holdings price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.

How does Crown Stands against Peers?

Analyzing Crown Holdings competition or peers my help you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Try to analyze the advantages of investing in traded instruments related to Crown Holdings across multiple sectors and thematic ideas. A good competitive analysis can cover a lot of different areas. But what areas to choose depends on who you are. The more exhaustive you are in your analysis, the more effective your competitive analysis will be.
Check out Crown Holdings Competition Details

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 Crown Holdings, but it might be worth checking our own buy vs. sell analysis

Closer look at Crown Holdings Semi Variance

Crown Holdings has current Semi Variance of 0.98. Semi-variance provides a good measure of downside volatility for equity or a portfolio. It is similar to variance, but it only looks at periods where the returns are less than the target or average level.

Semi-variance is the square of semi-deviation. Semi-variance is calculated by averaging the deviations of returns that have a result that is less than the mean.

Semi Variance 
 = 
SUM(RET DEV)2 
N(ZERO) 
 = 
0.98
SUM = Summation notation
RET DEV = Actual return deviation over selected period
N(ZERO) = Number of points with returns less than zero
Let's now compare Crown Holdings Semi Variance to its closest peers:
CCK
IP
OI
ARD
BLL
CCK0.9823159402441974
IP2.69
OI10.19
ARD4.92
BLL0.47

Analysis of Crown Holdings

The potential upside is down to 2.43 as of today. As of the 19th of October, Crown Holdings shows the Mean Deviation of 1.09, downside deviation of 1.42, and Risk Adjusted Performance of 0.2432. Crown Holdings technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Crown Holdings, which can be compared to its rivals. Please confirm Crown Holdings maximum drawdown, and the relationship between the information ratio and downside variance to decide if Crown Holdings is priced correctly, providing market reflects its regular price of 82.4 per share. Given that Crown Holdings has jensen alpha of 0.3044, we suggest you to validate Crown Holdings's prevailing market performance to make sure the company can sustain itself at a future point.

Our Final Perspective on Crown Holdings

Although few other entities under the packaging & containers industry are still a bit expensive, Crown Holdings may offer a potential longer-term growth to traders. With an optimistic outlook on your 30 days horizon, it may be a good time to buy new shares of Crown or increase your existing holdings in the Stock as it seems the potential growth has not yet been fully factored into the current price. 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 Crown Holdings.

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 Raphi Shpitalnik do not own shares of Crown Holdings. Please refer to our Terms of Use for any information regarding our disclosure principles.

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