Silgan Story

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SLGN -- USA Stock  

USD 34.13  0.13  0.38%

While some of us are excited about consumer cyclical space, it makes sense to outline Silgan Holdings in greater detail to make a better perception of its potential. As expected, Silgan Holdings is starting to reaffirm its true potential as institutional investors are becoming more and more confident in the future outlook. The returns on the market and returns on Silgan Holdings appear somewhat sensitive to each other for the last few months. Persistent basic indicators of the company may also entail signals of long-standing gains for Silgan institutional investors. Silgan Holdings is scheduled to announce its earnings today. The next earnings report is expected on the 26th of January 2021.
Published over a month ago
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Will Silgan Holdings (NASDAQ:SLGN) price continue to rise in November?
The company's average rating is Hold from 7 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 Silgan Holdings market sentiment investors' perception of the future value of Silgan. Let us look at a few aspects of Silgan technical analysis.
Using predictive technical analysis, we will analyze different prices and returns patterns and diagnose historical swings to determine the real value of Silgan Holdings. In general, we focus on analyzing Silgan Holdings stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Silgan 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 Silgan Holdings's intrinsic value. In addition to deriving basic predictive indicators for Silgan Holdings, we also check how macroeconomic factors affect Silgan Holdings price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.

How does Silgan Stands against Peers?

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

Silgan Holdings exotic insider transaction detected

Legal trades by Silgan Holdings insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
Silgan insider trading alert for general transaction of common stock by Horrigan D Greg, the corporate stakeholder, on 6th of September 2020. This event was filed by Silgan Holdings Inc with SEC on 2020-06-11. Statement of changes in beneficial ownership - SEC Form 4 [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

Closer look at Silgan Holdings Downside Variance

Silgan Holdings has current Downside Variance of 2.96. Downside Variance (or DV) is measured by target semi-variance and is termed downside volatility. It is expressed in percentages and therefore allows for rankings in the same way as variance. One way to view downside volatility is the annualized variance of returns below the target.

Downside Variance is the probability-weighted squared below-target returns. The squaring of the below-target returns has the effect of penalizing failures at an exponential rate. This is consistent with observations made on the behavior of individual decision-making under.

Downside Variance 
 = 
SUM(RET DEV)2 
N(ER) 
 = 
2.96
SUM = Summation notation
RET DEV = Actual returns deviation over selected period
N(ER) = Number of points with returns less than expected return for the period
Let's now compare Silgan Holdings Downside Variance to its closest peers:
SLGN
BMS
PKG
SEE
SON
SLGN2.961162573018407
BMS0.62
PKG4.22
SEE2.53
SON2.39

Our take on today Silgan Holdings rise

Semi deviation is down to 1.4. It may entail a possible volatility slide. Silgan Holdings has relatively low volatility with skewness of 0.35 and kurtosis of 7.11. However, we advise all investors to independently investigate Silgan Holdings to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns.

The Bottom Line

When is the right time to buy or sell Silgan Holdings? Buying stocks such as Silgan Holdings isn't very hard. However, what challenging for most investors is doing it at the right time. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities, deliver winning trades and diversify portfolios on a daily bases. The bottom line, as of the 21st of October 2020, our actual 30 days recommendation on the company is Strong Buy. We believe Silgan Holdings is currently undervalued with below average odds of financial turmoil for the next two years.

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 Ellen Johnson do not own shares of Silgan Holdings. Please refer to our Terms of Use for any information regarding our disclosure principles.

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