Ball Competitors
| BALL Stock | USD 66.72 0.62 0.92% |
Ball vs Deckers Outdoor Correlation
Poor diversification
The correlation between Ball Corp. and DECK is 0.78 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ball Corp. and DECK in the same portfolio, assuming nothing else is changed.
Moving together with Ball Stock
| 0.85 | OI | O I Glass | PairCorr |
| 0.87 | ATR | AptarGroup | PairCorr |
| 0.86 | GEF | Greif Bros | PairCorr |
| 0.92 | MYE | Myers Industries | PairCorr |
| 0.99 | SLGN | Silgan Holdings | PairCorr |
Moving against Ball Stock
| 0.87 | GRAB | Grab Holdings Earnings Call This Week | PairCorr |
| 0.84 | GCMGW | GCM Grosvenor | PairCorr |
| 0.8 | ADVWW | Advantage Solutions | PairCorr |
| 0.72 | MAPSW | WM Technology | PairCorr |
| 0.58 | NIO | Nio Class A Aggressive Push | PairCorr |
Ball Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Ball and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Ball and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Ball does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Ball Stock performing well and Ball Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Ball's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CCK | 1.26 | 0.18 | 0.08 | 0.46 | 1.39 | 2.96 | 6.71 | |||
| SN | 1.82 | 0.36 | 0.19 | 0.36 | 1.76 | 5.62 | 9.39 | |||
| WYNN | 1.46 | (0.18) | 0.00 | (0.08) | 0.00 | 3.18 | 7.85 | |||
| HTHT | 1.55 | 0.38 | 0.19 | 0.76 | 1.43 | 3.35 | 11.94 | |||
| TOL | 1.43 | 0.18 | 0.16 | 0.23 | 1.09 | 4.26 | 10.06 | |||
| H | 1.56 | 0.10 | 0.08 | 0.16 | 1.45 | 4.14 | 10.45 | |||
| DPZ | 1.12 | (0.12) | 0.00 | (0.10) | 0.00 | 2.68 | 6.97 | |||
| AMCR | 1.22 | 0.28 | 0.13 | 0.57 | 1.58 | 3.21 | 11.77 | |||
| SCI | 0.80 | 0.06 | (0.02) | 0.32 | 0.75 | 1.92 | 4.53 | |||
| DECK | 2.15 | 0.51 | 0.28 | 0.68 | 1.50 | 4.19 | 22.05 |
Cross Equities Net Income Analysis
Compare Ball and related stocks such as Crown Holdings, SharkNinja, and Wynn Resorts Limited Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CCK | 71.7 M | 282 M | 559 M | 324 M | 390 M | 393 M | 496 M | 323 M | 439 M | 510 M | 579 M | (560 M) | 727 M | 450 M | 424 M | 734 M | 770.7 M |
| SN | 45 K | 2 M | (16.3 M) | 26.9 M | (33.9 M) | (1.1 B) | (173.7 M) | 58.3 M | 85.2 M | 327.2 M | 327.2 M | 331.1 M | 232.4 M | 167.1 M | 438.7 M | 701.4 M | 736.4 M |
| WYNN | (10.6 M) | 613.4 M | 502 M | 728.7 M | 731.6 M | 195.3 M | 242 M | 747.2 M | 584.2 M | 123 M | (2.1 B) | (755.8 M) | (423.9 M) | 730 M | 501.1 M | 451 M | 473.5 M |
| HTHT | (111.6 M) | 114.8 M | 174.9 M | 279.9 M | 307.3 M | 436.6 M | 782 M | 1.2 B | 716 M | 1.8 B | (2.1 B) | (465 M) | (1.8 B) | 4.1 B | 3 B | 3.5 B | 3.7 B |
| TOL | 3.9 M | 487.1 M | 170.6 M | 340 M | 363.2 M | 382.1 M | 535.5 M | 748.2 M | 590 M | 446.6 M | 833.6 M | 1.3 B | 1.4 B | 1.6 B | 1.3 B | 1.5 B | 1.6 B |
| H | 271 M | 113 M | 88 M | 207 M | 344 M | 124 M | 204 M | 249 M | 769 M | 766 M | (703 M) | (222 M) | 455 M | 220 M | 1.3 B | 1.5 B | 1.6 B |
| DPZ | 25.3 M | 105.4 M | 112.4 M | 143 M | 162.6 M | 192.8 M | 214.7 M | 277.9 M | 362 M | 400.7 M | 491.3 M | 510.5 M | 452.3 M | 519.1 M | 584.2 M | 671.8 M | 705.4 M |
| AMCR | 99.5 M | 422.3 M | 539.4 M | 531.8 M | 679.4 M | 245.5 M | 596.4 M | 719.6 M | 430.2 M | 612 M | 939 M | 805 M | 1 B | 730 M | 511 M | 587.6 M | 402.8 M |
| SCI | 41 M | 144.9 M | 152.5 M | 143.8 M | 172.5 M | 233.8 M | 177 M | 546.7 M | 447.2 M | 369.6 M | 515.9 M | 802.9 M | 565.3 M | 537.3 M | 518.6 M | 596.4 M | 626.3 M |
| DECK | 6.3 M | 199.1 M | 128.9 M | 142 M | 161.8 M | 122.3 M | 5.7 M | 114.4 M | 264.3 M | 276.1 M | 382.6 M | 451.9 M | 516.8 M | 759.6 M | 966.1 M | 1.1 B | 1.2 B |
Ball and related stocks such as Crown Holdings, SharkNinja, and Wynn Resorts Limited Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Ball financial statement analysis. It represents the amount of money remaining after all of Ball Corporation operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Ball Competitive Analysis
The better you understand Ball competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Ball's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Ball's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Ball Competition Performance Charts
Five steps to successful analysis of Ball Competition
Ball's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Ball in relation to its competition. Ball's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Ball in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Ball's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Ball, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Ball Correlation with its peers. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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. Projected growth potential of Ball fundamentally drives upward valuation adjustments. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Ball assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth 0.811 | Dividend Share 0.8 | Earnings Share 3.3 | Revenue Per Share | Quarterly Revenue Growth 0.162 |
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.
It's important to distinguish between Ball's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Ball should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Ball's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.
