Lowest Beta in the Metal & Glass Containers Industry Detected in Shares of Silgan Holdings (SLGN, ATR, MYE, GEF, BLL)
Below are the three companies in the Metal & Glass Containers industry with the lowest betas. Lower-beta stocks mean minimal volatility and are therefore generally considered to be a less risk and offer more stable returns.
Silgan Holdings ranks lowest with a a beta of 0.8. Aptargroup is next with a a beta of 0.9. Myers Industries ranks third lowest with a a beta of 0.9.
Greif follows with a a beta of 0.9, and Ball rounds out the bottom five with a a beta of 1.0.
SmarTrend recommended that subscribers consider buying shares of Ball on August 4th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $76.66. Since that recommendation, shares of Ball have risen 5.2%. We continue to monitor Ball for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest beta silgan holdings aptargroup myers industries greif ball