Ball Stock Forecast - Daily Balance Of Power

BALL Stock  USD 62.16  0.44  0.70%   
Ball Stock Forecast is based on your current time horizon. Although Ball's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Ball's systematic risk associated with finding meaningful patterns of Ball fundamentals over time.
  
At this time, Ball's Receivables Turnover is quite stable compared to the past year. Fixed Asset Turnover is expected to rise to 3.38 this year, although the value of Inventory Turnover will most likely fall to 4.85. . Common Stock Shares Outstanding is expected to rise to about 385.1 M this year, although the value of Net Income Applicable To Common Shares will most likely fall to about 704.4 M.
On September 12, 2024 Ball Corporation had Daily Balance Of Power of 0.4828. Balance of Power indicator (or BOP) measures the strength of Ball Corporation market sensitivity to bulls and bears. It estimates the ability of Ball buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Ball Balance of Power indicator one can determine a trend of the price direction.
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Ball Trading Date Momentum

On September 13 2024 Ball Corporation was traded for  66.00  at the closing time. The top price for the day was 66.37  and the lowest listed price was  65.77 . The trading volume for the day was 1.1 M. The trading history from September 13, 2024 was a factor to the next trading day price upswing. The overall trading delta against the next closing price was 0.56% . The overall trading delta against the current closing price is 2.09% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Ball

For every potential investor in Ball, whether a beginner or expert, Ball's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Ball Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Ball. Basic forecasting techniques help filter out the noise by identifying Ball's price trends.

Ball Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Ball stock to make a market-neutral strategy. Peer analysis of Ball could also be used in its relative valuation, which is a method of valuing Ball by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Ball Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Ball's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Ball's current price.

Ball Market Strength Events

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 Risk Indicators

The analysis of Ball's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Ball's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ball stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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When determining whether Ball is a strong investment it is important to analyze Ball's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ball's future performance. For an informed investment choice regarding Ball Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Ball to cross-verify your projections.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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.