Ball Corporation (BALL)
Ball Corporation is a global leader in sustainable aluminum packaging solutions, serving a diverse array of industries including beverage, personal care, and household products. Headquartered in Westminster, Colorado, the company operates multiple facilities across the United States, Brazil, and internationally, emphasizing innovation and environmental stewardship in its operations. With a strong commitment to reducing waste and enhancing recyclability, Ball Corporation positions itself at the forefront of the transition to a circular economy, making it an attractive investment opportunity for those focused on sustainability and growth in the packaging sector.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 11.94% per annum.
- BALL price at the close of March 18, 2026 was $59.90 and was lower than the bottom border of the primary price channel by $2.22 (3.57%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 15.72% per annum.
- BALL price at the close of March 18, 2026 was higher than the top border of the secondary price channel by $7.52 (14.35%). This indicates a possible reversal in the secondary trend direction.
- The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of BALL price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: August 4, 2022
End date: December 4, 2024
a = 3.7281
b = 0.0003
s = 0.0816
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0003) – 1
= 11.94%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0816) – 1
= 38.58%
August 4, 2022 calculations
Top border of price channel:
Exp(Y347)
= Exp(a + b × X347 + 2 × s)
= Exp(a + b × 503 + 2 × s)
= Exp(3.7281 + 0.0003 × 503 + 2 × 0.0816)
= Exp(4.0467)
= $57.21
Bottom border of price channel:
Exp(Y347)
= Exp(a + b × X347 – 2 × s)
= Exp(a + b × 503 – 2 × s)
= Exp(3.7281 + 0.0003 × 503 – 2 × 0.0816)
= Exp(3.7204)
= $41.28
December 4, 2024 calculations
Top border of price channel:
Exp(Y934)
= Exp(a + b × X934 + 2 × s)
= Exp(a + b × 1,356 + 2 × s)
= Exp(3.7281 + 0.0003 × 1,356 + 2 × 0.0816)
= Exp(4.3104)
= $74.47
Bottom border of price channel:
Exp(Y934)
= Exp(a + b × X934 – 2 × s)
= Exp(a + b × 1,356 – 2 × s)
= Exp(3.7281 + 0.0003 × 1,356 – 2 × 0.0816)
= Exp(3.9841)
= $53.74
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 11.94% per annum.
- BALL price at the close of March 18, 2026 was $59.90 and was lower than the bottom border of the primary price channel by $2.22 (3.57%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: February 8, 2024
End date: December 24, 2025
a = 4.6856
b = -0.0005
s = 0.0641
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0005) – 1
= -15.72%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0641) – 1
= 29.24%
February 8, 2024 calculations
Top border of price channel:
Exp(Y727)
= Exp(a + b × X727 + 2 × s)
= Exp(a + b × 1,056 + 2 × s)
= Exp(4.6856 + -0.0005 × 1,056 + 2 × 0.0641)
= Exp(4.3190)
= $75.11
Bottom border of price channel:
Exp(Y727)
= Exp(a + b × X727 – 2 × s)
= Exp(a + b × 1,056 – 2 × s)
= Exp(4.6856 + -0.0005 × 1,056 – 2 × 0.0641)
= Exp(4.0625)
= $58.12
December 24, 2025 calculations
Top border of price channel:
Exp(Y1,198)
= Exp(a + b × X1,198 + 2 × s)
= Exp(a + b × 1,741 + 2 × s)
= Exp(4.6856 + -0.0005 × 1,741 + 2 × 0.0641)
= Exp(3.9979)
= $54.49
Bottom border of price channel:
Exp(Y1,198)
= Exp(a + b × X1,198 – 2 × s)
= Exp(a + b × 1,741 – 2 × s)
= Exp(4.6856 + -0.0005 × 1,741 – 2 × 0.0641)
= Exp(3.7415)
= $42.16
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 15.72% per annum.
- BALL price at the close of March 18, 2026 was higher than the top border of the secondary price channel by $7.52 (14.35%). This indicates a possible reversal in the secondary trend direction.