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Ball (BALL) 12-1 Month Momentum % : 26.66% (As of May. 01, 2024)


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What is Ball 12-1 Month Momentum %?

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-05-01), Ball's 12-1 Month Momentum % is 26.66%.

The industry rank for Ball's 12-1 Month Momentum % or its related term are showing as below:

BALL's 12-1 Month Momentum % is ranked better than
78% of 409 companies
in the Packaging & Containers industry
Industry Median: -0.28 vs BALL: 26.66

Competitive Comparison of Ball's 12-1 Month Momentum %

For the Packaging & Containers subindustry, Ball's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ball's 12-1 Month Momentum % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Ball's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Ball's 12-1 Month Momentum % falls into.



Ball  (NYSE:BALL) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %=( Price 1-month ago / Price 12-month ago - 1 ) * 100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ball  (NYSE:BALL) 12-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


Ball 12-1 Month Momentum % Related Terms

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Ball (BALL) Business Description

Traded in Other Exchanges
Address
9200 West 108th Circle, Westminster, CO, USA, 80021
Ball is the world's largest metal can manufacturer with market share over 40% in its three main regions (North America, Europe, and South America). The company is focused on increasing capacity amid a wave of new developed-market demand, while also investing in faster-growing emerging-market economies. Ball maintains a small presence in the U.S. defense industry through its aerospace segment. Ball spun-off its glass jar business in 1993 and is now owned by Newell. The company reports four segments—beverage packaging, North and Central America (44% of revenue), beverage packaging, EMEA (25%), beverage packaging, South America (14%), aerospace (14%)—and it generated $15.3 billion in revenue in 2022.
Executives
Ronald J. Lewis officer: SR VP & COO C/O COCA-COLA ENTERPRISES, 2500 WINDY RIDGE PARKWAY, NW, 14TH FLOOR, ATLANTA GA 30339
Howard H Yu officer: E.V.P and C.F.O 250 S. KRAEMER BLVD., BREA CA 92821
Hannah S. Lim officer: SVP, CLO & CORP SEC 2135 WEST MAPLE ROAD, TROY MI 48084
Deron Goodwin officer: Vice President & Treasurer 9200 W. 108TH CIRCLE, WESTMINSTER CO 80021
David A Kaufman officer: President, Ball Aerospace 9200 W. 108TH CIRCLE, WESTMINSTER CO 80021
John A Hayes officer: VP, CORP STR, MKTG & PROD DEV C/O BALL CORP, 10 LONGS PEAK DR, BROOMFIELD CO 80021-2510
Daniel William Fisher officer: Sr VP & COO Global Bev Pkg 2526 SPRUCE MEADOWS DRIVE, BROOMFIELD CO 80023
Cynthia Niekamp director PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Betty J. Sapp director C/O BALL CORPORATION, 10 LONGS PEAK DRIVE, BROOMFIELD CO 80021-2510
Stacey J. Panayiotou officer: SVP and CHRO 9200 W. 108TH CIRCLE, WESTMINSTER CO 80021
Nate C Carey officer: Vice President & Controller 10 LONGS PEAK DRIVE, BROOMFIELD CO 80021
Dune Ives director 9200 W. 108TH CIRCLE, WESTMINSTER CO 80021
Pedro Henrique Mariani director 10 LONGS PEAK DRIVE, BROOMFIELD CO 80021
Michael J Cave director C/O ESTERLINE TECHNOLOGIES CORP, 500 108TH AVE NE, SUITE 1500, BELLEVUE WA 98004
Georgia R Nelson director C/O TOWER AUTOMOTIVE INC, 27175 HAGGERTY ROAD, NOVI MI 48377-3626