Amcor Plc Stock Beta

AMCR Stock

USD 10.07 0.03 0.30%

Amcor PLC fundamentals help investors to digest information that contributes to Amcor PLC's financial success or failures. It also enables traders to predict the movement of Amcor Stock. The fundamental analysis module provides a way to measure Amcor PLC's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Amcor PLC stock.

Short Long Term Debt Total Total Assets

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Amcor PLC Company Beta Analysis

Amcor PLC's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

Covariance

Variance

More About Beta | All Equity Analysis

Current Amcor PLC Beta

0.85

Most of Amcor PLC's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Amcor PLC is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Amcor Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for Amcor PLC is extremely important. It helps to project a fair market value of Amcor Stock properly, considering its historical fundamentals such as Beta. Since Amcor PLC's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Amcor PLC's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Amcor PLC's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Good Will	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue	Accounts Payable	Short Term Investments	Intangible Assets	Net Tangible Assets	Long Term Debt	Long Term Debt Total	Deferred Long Term Liab	Short Long Term Debt	Treasury Stock	Property Plant Equipment	Net Invested Capital	Net Working Capital	Capital Surpluse	Capital Stock
Total Assets		0.82	0.96	0.55	0.79	0.97	0.98	0.81	-0.5	-0.51	0.42	0.54	0.78	0.88	0.38	0.87	0.85	0.91	-0.34	0.46	0.88	0.77	0.56	0.88	-0.74
Total Stockholder Equity	0.82		0.65	0.39	0.75	0.77	0.69	0.77	-0.52	-0.39	0.71	0.34	0.51	0.86	0.13	0.74	0.75	0.82	-0.47	0.1	0.81	0.73	0.46	0.86	-0.39
Net Debt	0.96	0.65		0.58	0.7	0.96	0.98	0.73	-0.47	-0.57	0.19	0.56	0.76	0.8	0.49	0.87	0.85	0.87	-0.22	0.63	0.86	0.78	0.61	0.81	-0.83
Retained Earnings	0.55	0.39	0.58		0.57	0.52	0.58	0.56	-0.32	-0.15	-0.14	0.43	0.46	0.27	0.76	0.53	0.53	0.41	-0.36	0.35	0.43	0.36	0.2	0.31	-0.7
Net Receivables	0.79	0.75	0.7	0.57		0.69	0.78	0.97	-0.19	-0.14	0.48	0.83	0.85	0.59	0.16	0.67	0.68	0.59	-0.23	0.31	0.63	0.55	0.3	0.6	-0.36
Good Will	0.97	0.77	0.96	0.52	0.69		0.96	0.75	-0.6	-0.7	0.38	0.49	0.68	0.93	0.4	0.94	0.92	0.97	-0.31	0.54	0.95	0.81	0.58	0.93	-0.78
Total Liab	0.98	0.69	0.98	0.58	0.78	0.96		0.81	-0.44	-0.51	0.31	0.64	0.83	0.81	0.41	0.86	0.84	0.87	-0.24	0.57	0.84	0.72	0.53	0.81	-0.77
Total Current Assets	0.81	0.77	0.73	0.56	0.97	0.75	0.81		-0.28	-0.31	0.53	0.84	0.8	0.68	0.11	0.77	0.78	0.69	-0.22	0.37	0.72	0.6	0.31	0.69	-0.39
Short Term Debt	-0.5	-0.52	-0.47	-0.32	-0.19	-0.6	-0.44	-0.28		0.62	-0.18	0.13	0.0	-0.6	-0.43	-0.7	-0.69	-0.7	0.78	-0.01	-0.64	-0.54	-0.48	-0.63	0.64
Common Stock	-0.51	-0.39	-0.57	-0.15	-0.14	-0.7	-0.51	-0.31	0.62		-0.2	-0.15	-0.1	-0.74	-0.23	-0.78	-0.77	-0.78	0.09	-0.55	-0.78	-0.65	-0.43	-0.77	0.56
Current Deferred Revenue	0.42	0.71	0.19	-0.14	0.48	0.38	0.31	0.53	-0.18	-0.2		0.24	0.31	0.61	-0.43	0.34	0.36	0.46	-0.16	-0.08	0.43	0.28	0.01	0.57	0.17
Accounts Payable	0.54	0.34	0.56	0.43	0.83	0.49	0.64	0.84	0.13	-0.15	0.24		0.81	0.34	-0.01	0.5	0.52	0.35	0.2	0.54	0.42	0.33	0.1	0.34	-0.2
Short Term Investments	0.78	0.51	0.76	0.46	0.85	0.68	0.83	0.8	0.0	-0.1	0.31	0.81		0.52	0.17	0.53	0.52	0.52	-0.01	0.43	0.52	0.44	0.29	0.51	-0.4
Intangible Assets	0.88	0.86	0.8	0.27	0.59	0.93	0.81	0.68	-0.6	-0.74	0.61	0.34	0.52		0.16	0.88	0.87	0.97	-0.29	0.4	0.95	0.84	0.58	1.0	-0.56
Net Tangible Assets	0.38	0.13	0.49	0.76	0.16	0.4	0.41	0.11	-0.43	-0.23	-0.43	-0.01	0.17	0.16		0.4	0.38	0.32	-0.4	0.34	0.32	0.28	0.27	0.2	-0.8
Long Term Debt	0.87	0.74	0.87	0.53	0.67	0.94	0.86	0.77	-0.7	-0.78	0.34	0.5	0.53	0.88	0.4		1.0	0.94	-0.36	0.54	0.96	0.81	0.53	0.9	-0.75
Long Term Debt Total	0.85	0.75	0.85	0.53	0.68	0.92	0.84	0.78	-0.69	-0.77	0.36	0.52	0.52	0.87	0.38	1.0		0.93	-0.35	0.53	0.96	0.8	0.52	0.89	-0.72
Deferred Long Term Liab	0.91	0.82	0.87	0.41	0.59	0.97	0.87	0.69	-0.7	-0.78	0.46	0.35	0.52	0.97	0.32	0.94	0.93		-0.38	0.44	0.97	0.84	0.6	0.98	-0.72
Short Long Term Debt	-0.34	-0.47	-0.22	-0.36	-0.23	-0.31	-0.24	-0.22	0.78	0.09	-0.16	0.2	-0.01	-0.29	-0.4	-0.36	-0.35	-0.38		0.45	-0.3	-0.25	-0.29	-0.32	0.43
Treasury Stock	0.46	0.1	0.63	0.35	0.31	0.54	0.57	0.37	-0.01	-0.55	-0.08	0.54	0.43	0.4	0.34	0.54	0.53	0.44	0.45		0.49	0.44	0.27	0.4	-0.49
Property Plant Equipment	0.88	0.81	0.86	0.43	0.63	0.95	0.84	0.72	-0.64	-0.78	0.43	0.42	0.52	0.95	0.32	0.96	0.96	0.97	-0.3	0.49		0.88	0.61	0.96	-0.68
Net Invested Capital	0.77	0.73	0.78	0.36	0.55	0.81	0.72	0.6	-0.54	-0.65	0.28	0.33	0.44	0.84	0.28	0.81	0.8	0.84	-0.25	0.44	0.88		0.88	0.85	-0.57
Net Working Capital	0.56	0.46	0.61	0.2	0.3	0.58	0.53	0.31	-0.48	-0.43	0.01	0.1	0.29	0.58	0.27	0.53	0.52	0.6	-0.29	0.27	0.61	0.88		0.58	-0.49
Capital Surpluse	0.88	0.86	0.81	0.31	0.6	0.93	0.81	0.69	-0.63	-0.77	0.57	0.34	0.51	1.0	0.2	0.9	0.89	0.98	-0.32	0.4	0.96	0.85	0.58		-0.6
Capital Stock	-0.74	-0.39	-0.83	-0.7	-0.36	-0.78	-0.77	-0.39	0.64	0.56	0.17	-0.2	-0.4	-0.56	-0.8	-0.75	-0.72	-0.72	0.43	-0.49	-0.68	-0.57	-0.49	-0.6

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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

Competition

Predict Amcor PLC

In accordance with the recently published financial statements, Amcor PLC has a Beta of 0.847. This indicator is about the same for the Containers & Packaging average (which is currently at 0.84) sector and about the same as Materials (which currently averages 0.86) industry. The beta for all United States stocks is notably lower than that of the firm.

Amcor Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Amcor PLC's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Amcor PLC could also be used in its relative valuation, which is a method of valuing Amcor PLC by comparing valuation metrics of similar companies.

Amcor PLC is currently under evaluation in beta category among its peers.

Amcor PLC ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Amcor PLC's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Amcor PLC's managers, analysts, and investors.

Environmental

Governance

Social

Amcor PLC Institutional Holders

Institutional Holdings refers to the ownership stake in Amcor PLC that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Amcor PLC's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Amcor PLC's value.

		Shares
Jpmorgan Chase & Co	2024-09-30	17.6 M
Morgan Stanley - Brokerage Accounts	2024-09-30	14.3 M
T. Rowe Price Associates, Inc.	2024-09-30	12.4 M
Goldman Sachs Group Inc	2024-09-30	11.3 M
Northern Trust Corp	2024-09-30	10.5 M
Bank Of New York Mellon Corp	2024-12-31	7.9 M
Legal & General Group Plc	2024-12-31	7 M
Ubs Asset Mgmt Americas Inc	2024-09-30	6.6 M
Bank Of America Corp	2024-09-30	6.4 M
Blackrock Inc	2024-09-30	98.5 M
State Street Corp	2024-09-30	91 M

As returns on the market increase, Amcor PLC's returns are expected to increase less than the market. However, during the bear market, the loss of holding Amcor PLC is expected to be smaller as well.

Amcor Fundamentals

	Return On Equity	0.21
	Return On Asset	0.0514
	Profit Margin	0.06 %
	Operating Margin	0.09 %
	Current Valuation	21.51 B
	Shares Outstanding	1.45 B
	Shares Owned By Insiders	0.52 %
	Shares Owned By Institutions	58.62 %
	Number Of Shares Shorted	98.8 M
	Price To Earning	19.95 X
	Price To Book	3.85 X
	Price To Sales	1.07 X
	Revenue	13.64 B
	Gross Profit	2.73 B
	EBITDA	1.84 B
	Net Income	730 M
	Cash And Equivalents	775 M
	Cash Per Share	0.52 X
	Total Debt	7.19 B
	Debt To Equity	1.73 %
	Current Ratio	1.15 X
	Book Value Per Share	2.62 X
	Cash Flow From Operations	1.32 B
	Short Ratio	6.10 X
	Earnings Per Share	0.55 X
	Price To Earnings To Growth	2.02 X
	Target Price	11.34
	Number Of Employees	41 K
	Beta	0.85
	Market Capitalization	14.55 B
	Total Asset	16.52 B
	Retained Earnings	879 M
	Working Capital	704 M
	Current Asset	5.54 B
	Current Liabilities	5.43 B
	Annual Yield	0.05 %
	Net Asset	16.52 B
	Last Dividend Paid	0.51

About Amcor PLC Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Amcor PLC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Amcor PLC using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Amcor PLC based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with Amcor PLC

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Amcor PLC position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Amcor PLC will appreciate offsetting losses from the drop in the long position's value.

Moving together with Amcor Stock

0.64	IP	International Paper	Pair Corr
0.85	OI	O I Glass	Pair Corr
0.65	AVY	Avery Dennison Corp	Pair Corr
0.86	CCK	Crown Holdings	Pair Corr

Moving against Amcor Stock

0.6	PTVE	Pactiv Evergreen	Pair Corr
0.33	MGIH	Millennium Group Int	Pair Corr

The ability to find closely correlated positions to Amcor PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amcor PLC when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Amcor PLC - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Amcor PLC to buy it.

The correlation of Amcor PLC is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Amcor PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amcor PLC moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Amcor PLC can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Amcor Stock Analysis

When running Amcor PLC's price analysis, check to measure Amcor PLC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Amcor PLC is operating at the current time. Most of Amcor PLC's value examination focuses on studying past and present price action to predict the probability of Amcor PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amcor PLC's price. Additionally, you may evaluate how the addition of Amcor PLC to your portfolios can decrease your overall portfolio volatility.

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