Ball Corporation Stock Price on December 2, 2024

BALL Stock  USD 57.08  0.59  1.02%   
Below is the normalized historical share price chart for Ball Corporation extending back to February 21, 1973. 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 57.08, as last reported on the 11th of December 2024, with the highest price reaching 58.75 and the lowest price hitting 56.90 during the day.
IPO Date
7th of September 1984
200 Day MA
64.6003
50 Day MA
63.0404
Beta
0.899
 
Inflation
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 -0.12, which signifies that the company had a -0.12% return per unit of risk over the last 3 months. Ball Corporation exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ball's Mean Deviation of 1.15, standard deviation of 1.63, and Risk Adjusted Performance of (0.07) 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.

Sharpe Ratio = -0.1219

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Estimated Market Risk

 1.66
  actual daily
14
86% of assets are more volatile

Expected Return

 -0.2
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.12
  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
2.5502
Enterprise Value Ebitda
11.2972
Price Sales
1.2485
Shares Float
296.3 M
Dividend Share
0.8

Ball Main Headline on 2nd of December 2024

Understanding Balls Debt and Financial Position

Ball Valuation on December 2, 2024

It is possible to determine the worth of Ball on a given historical date. On December 2, 2024 Ball was worth 61.89 at the beginning of the trading date compared to the closed value of 62.83. 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
  62.31    62.71    61.68    61.96    820,100  
12/02/2024
  61.89    62.96    61.30    62.83    2,024,514  
  62.70    62.89    62.00    62.15    1,226,502  
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Open Value
61.89
62.83
Closing Value
66.87
Upside

Ball Trading Date Momentum on December 2, 2024

On December 03 2024 Ball Corporation was traded for  62.15  at the closing time. The top price for the day was 62.89  and the lowest listed price was  62.00 . The trading volume for the day was 1.2 M. The trading history from December 3, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.08% . The overall trading delta against the current closing price is 6.49% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding317 M385.1 M
Net Income Applicable To Common Shares826.9 M704.4 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.
A focus of Ball technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ball trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Ball Period Price Range

Low
December 11, 2024
0.00  NaN%
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 December 11, 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.
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 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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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.