Ball Corporation Stock Price on August 26, 2024
| BALL Stock | USD 62.48 1.85 3.05% |
Below is the normalized historical share price chart for Ball Corporation extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Ball stands at 62.48, as last reported on the 14th of November 2024, with the highest price reaching 62.64 and the lowest price hitting 60.64 during the day.
If you're considering investing in Ball Stock, it is important to understand the factors that can impact its price. Ball secures Sharpe Ratio (or Efficiency) of -0.0051, which signifies that the company had a -0.0051% return per unit of risk over the last 3 months. Ball Corporation exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ball's Downside Deviation of 1.88, mean deviation of 1.01, and Risk Adjusted Performance of 0.0117 to double-check the risk estimate we provide.
At this time, Ball's Total Stockholder Equity is quite stable compared to the past year. Common Stock Shares Outstanding is expected to rise to about 385.1 M this year, although the value of Common Stock will most likely fall to about 985 M. . At this time, Ball's Price To Operating Cash Flows Ratio is quite stable compared to the past year. Price To Free Cash Flows Ratio is expected to rise to 33.14 this year, although the value of Price Earnings Ratio will most likely fall to 14.07. Ball Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 7th of September 1984 | 200 Day MA 64.479 | 50 Day MA 64.677 | Beta 0.899 |
Ball |
Sharpe Ratio = -0.0051
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| Negative Returns | BALL |
Estimated Market Risk
| 1.49 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ball is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Ball by adding Ball to a well-diversified portfolio.
Price Book 2.7074 | Enterprise Value Ebitda 11.8515 | Price Sales 1.3126 | Shares Float 296.3 M | Dividend Share 0.8 |
Ball Valuation on August 26, 2024
It is possible to determine the worth of Ball on a given historical date. On August 26, 2024 Ball was worth 64.54 at the beginning of the trading date compared to the closed value of 64.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ball stock. Still, in general, we apply an absolute valuation method to find Ball's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Ball where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ball's related companies.
| Open | High | Low | Close | Volume | |
| 63.89 | 64.82 | 63.54 | 64.36 | 743,500 | |
08/26/2024 | 64.54 | 64.92 | 64.05 | 64.14 | 968,800 |
| 64.04 | 64.12 | 63.61 | 63.86 | 1,299,500 |
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Ball Trading Date Momentum on August 26, 2024
| On August 27 2024 Ball Corporation was traded for 63.86 at the closing time. The top price for the day was 64.12 and the lowest listed price was 63.61 . The trading volume for the day was 1.3 M. The trading history from August 27, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.44% . The overall trading delta against the current closing price is 1.34% . |
Ball Fundamentals Correlations and Trends
By evaluating Ball's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Ball's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ball financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ball Stock history
Ball investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Ball is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ball will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Ball stock prices may prove useful in developing a viable investing in Ball
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 317 M | 385.1 M | |
| Net Income Applicable To Common Shares | 826.9 M | 704.4 M |
Ball Stock Technical Analysis
Ball technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Ball Period Price Range
Low | November 14, 2024
| High |
0.00 | 0.00 |
Ball Corporation cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Ball November 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Ball stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ball shares will generate the highest return on investment. By undertsting and applying Ball stock market strength indicators, traders can identify Ball Corporation entry and exit signals to maximize returns
Ball Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ball's price direction in advance. Along with the technical and fundamental analysis of Ball Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ball to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0117 | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.0043 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ball Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Metal, Glass & Plastic Containers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ball. If investors know Ball will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ball listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.008 | Dividend Share 0.8 | Earnings Share 2.4 | Revenue Per Share 44.401 | Quarterly Revenue Growth (0.01) |
The market value of Ball is measured differently than its book value, which is the value of Ball that is recorded on the company's balance sheet. Investors also form their own opinion of Ball's value that differs from its market value or its book value, called intrinsic value, which is Ball's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ball's market value can be influenced by many factors that don't directly affect Ball's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ball's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ball is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ball's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.