BALL CORP ranked among the worst performers on Friday. It fell by -1.07% to close at 48.01. It is currently trading +36% above it's 52 week low of 35.25 and is down only -4% from it's 52 week high.
BLL is currently in a bullish trend. The current bullish signal has generated a profit of +8.77% for BLL's investors in the last three months.
BLL has been outperforming the SP500 index in recent time. It showed significant underperformance (compared to the SP500 index) from 19 Oct, 2016 to 21 Jun, 2018. Over the last 2 years 11 months and 10 days, BLL outperformed the SP500 index on 52% days.
During the last three months BLL delivered losses on 51% days. However, it still managed to end this period in a profit. It's best return during this period (of +6.29%) was on Thursday, 1 Nov, 2018. While it's worst loss in the same period (of -4.0%) was on Wednesday, 10 Oct, 2018. The longest stort-term trend during this period was 6 profitable days, which started on 11 Oct, 2018 and went on till 18 Oct, 2018. This bullish trend returned +5.19% to investors.
During the last year BLL had 7 profitable months and 5 loss making months. BLL returned profits in fewer months than SP500 index. BLL significantly outperformed SP500 index in Nov 2018, when it returned +9.62% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. BLL had a shorter streak of profitable months than SP500 index. It only went up in 5 straight months during the last year. It is interesting to note that both BLL and SP500 index significantly outperform during months when quarterly/annual results are announced.
It is not the man who has too little, but the man who craves more, that is poor.
BLL is currently seeing overall fall in volatility. In comparison, the SP500 index is seeing increase in volatility. During the last three months, there was a significant surge in BLL's volatility from 17 Sep, 2018 to 2 Nov, 2018. While there was a significant surge in the SP500 index's volatility from 25 Sep, 2018 to 29 Oct, 2018.
Advanced/professional short-term investors should note that BLL has negative skewness in it's return distribution. This indicates that investors may need to stay invested through long periods of drawdown before expecting a recovery.
Based on your interest in BLL you may find it interesting to know that WAT, ~COUCHCOMMERCE and ~LEISURETIME have all performed similar to BLL and qualify as alternative investment candidates that must be evaluated for diversification.
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