Crown Story

CCK -  USA Stock  

USD 113.54  0.83  0.74%

While some of us are excited about consumer cyclical space, it makes sense to examine Crown Cork Seal in greater detail to make a better perception of its potential. As we have suggested previously, Crown Cork is beginning its plunge as traders shift to be more bearish due to the increased sector volatility. A good deal of the fluctuations of the company stock price movements has been a manifestation of what is happening in the market overall. Strong fundamental indicators of the firm may also signify signals of long-lasting gains for Crown traders. Crown Cork Seal is scheduled to announce its earnings today. The next earnings report is expected on the 19th of July 2021. The stock is in a buyout trend.
Published over two weeks ago
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Our recent technical analysis of Crown Cork Seal (NYSE:CCK)
The company's average rating is Buy from 11 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 Cork 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 Cork Seal. In general, we focus on analyzing Crown Cork stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Crown Cork'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 Cork's intrinsic value. In addition to deriving basic predictive indicators for Crown Cork, we also check how macroeconomic factors affect Crown Cork price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Crown Cork's stock price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Crown Cork in the context of predictive analytics.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Crown Cork. Your research has to be compared to or analyzed against Crown Cork's peers to derive any actionable benefits. When done correctly, Crown Cork's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Crown Cork Seal.

How does Crown Stands against Peers?

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

Closer look at Crown Cork Variance

Crown Cork Seal has current Variance of 3.59. Variance is another measure of security risk that shows the amount of dispersion of equity returns around their mean value. Variance is calculated as the average squared deviations from the mean. Evaluating a set of investment alternatives one can use variance to help determine the volatility when purchasing a specific security. Similar to Standard Deviation, the variance is a measure of how far a set of numbers is spread out around its mean.

Variance is also a measure of stock volatility and can help determine the risk an investor might take on when purchasing a specific security. A relatively big variance indicates that the daily prices or returns are far from the mean and a small variance indicates that they are located around the mean.

Variance 
 = 
SUM(RET DEV)2 
 = 
3.59
SUM = Summation notation
RET DEV = Actual returns deviation over selected period
N = Number of points for the period
Let's now compare Crown Cork Variance to its closest peers:
CCK
IP
FFHL
ARD
ATR
CCK3.5863170417371615
IP3.35
FFHL42.07
ARD11.35
ATR2.1

Momentum Analysis of Crown Cork suggests possible reversal in May

Recent expected short fall indicator falls down to -1.42. Possible price growth?
As of the 19th of April, Crown Cork shows the Mean Deviation of 1.33, risk adjusted performance of 0.0783, and Downside Deviation of 1.92. Crown Cork Seal 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 break down nineteen technical drivers for Crown Cork Seal, which can be compared to its rivals. Please confirm Crown Cork Seal maximum drawdown, and the relationship between the information ratio and downside variance to decide if Crown Cork Seal is priced correctly, providing market reflects its regular price of 109.14 per share. Given that Crown Cork has jensen alpha of (0.010335), we suggest you to validate Crown Cork Seal's prevailing market performance to make sure the company can sustain itself at a future point.

Our Takeaway on Crown Cork Investment

Although many of the other players under the packaging & containers industry are still a bit expensive, Crown Cork may offer a potential longer-term growth to traders. The inconsistency in the assessment between current Crown valuation and our trade advice on Crown Cork 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 Crown Cork.

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 Crown Cork Seal. Please refer to our Terms of Use for any information regarding our disclosure principles.

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