Universe›Materials›Metal, Glass & Plastic Containers
Observatory · observe first

Metal, Glass & Plastic Containers

Metal, Glass & Plastic Containers is gaining market weight. Gained weight for 6 consecutive months.

Historical time machine
Historical observation
20182026
AcceleratingConcentrated

Most of this industry's gains came from a few companies.

Universe weight
0.11%
$0.02T
12-month change
+0.02 pp
6-month change
+0.06 pp
3-month change
+0.05 pp
Company participation
100%
above their 6M weight average

Where did the weight change come from?

12-month contribution in universe percentage points · contributions add to the industry change

Company attribution
All other companies+0.000 pp
Industry total+0.022 pp

The three largest same-direction contributors explain 100% of gross gains. Opposing contributions can make an individual company’s change larger than the industry’s net change.

How has it moved through history?

Share of matched S&P 500 members

Jan 2018 – Feb 2019 · market weight (%)

0.00.10.120182019

Relative performance

Industry return versus ACWI · no future data shown

10112515020182019

Is participation broad or concentrated?

Actual constituent counts at this date, not the legacy synthetic breadth proxy

Above their 3M universe-weight average100%
Above their 6M universe-weight average100%
Above their 12M universe-weight average100%
Top 5 share of current industry market cap100.0%

This is size concentration, not contribution to the 12-month change. The attribution above measures the latter.

Evidence can disagree

Independent dimensions · no combined score or bullish/bearish verdict

Allocation · 12M+0.02 pp
Relative strength · 12M+38.8%
Price index return · 12M+38.3%
Earnings revisions · unavailable0.0
Allocation gained weight while relative performance rose. At least half of constituents are above their 6M weight average. These observations need not agree.
Other evidence and availability

Valuation data: unavailable; shown as zero placeholder.

Attention data: unavailable; shown as zero placeholder.

Actual fund flows: unavailable. No ETF, mutual-fund or institutional flow feed is connected.

Volume / turnover: unavailable in this dataset.

Follow the contribution to individual companies

Sorted by absolute 12-month weight contribution, not investment merit

CompanySub-industryCountryUniverse weight12M contribution12M price returnRevisions
Ball Corporation →
BALL
Metal, Glass & Plastic ContainersUnited States0.106%+0.022 pp+38.3%0.0
Underlying monthly industry observations
MonthWeight1M change3M change6M change12M changeRelative return · 12M
Feb 20190.106%+0.048 pp+0.051 pp+0.060 pp+0.022 pp+38.8%
Jan 20190.058%+0.003 pp+0.006 pp-0.021 pp-0.018 pp+48.4%
Dec 20180.056%+0.000 pp+0.008 pp-0.020 pp-0.021 pp+41.1%
Nov 20180.055%+0.003 pp+0.009 pp-0.023 pp-0.021 pp+39.8%
Oct 20180.052%+0.004 pp-0.027 pp-0.034 pp-0.024 pp+29.3%
Sep 20180.048%+0.002 pp-0.027 pp-0.037 pp-0.028 pp+17.5%
Aug 20180.046%-0.033 pp-0.032 pp-0.037 pp-0.030 pp+12.6%
Jul 20180.079%+0.004 pp-0.007 pp+0.003 pp+0.003 pp+5.2%
Jun 20180.075%-0.003 pp-0.010 pp-0.001 pp-0.001 pp-1.1%
May 20180.078%-0.008 pp-0.006 pp+0.002 pp+0.002 pp+2.2%
Apr 20180.086%+0.001 pp+0.010 pp+0.010 pp+0.010 pp+11.1%
Mar 20180.085%+0.002 pp+0.009 pp+0.009 pp+0.009 pp+10.5%
Feb 20180.084%+0.007 pp+0.007 pp+0.007 pp+0.007 pp+9.5%
Jan 20180.076%+0.000 pp+0.000 pp+0.000 pp+0.000 pp+0.0%
How are these descriptive states defined?

Gaining / losing: 12-month weight change above +0.005pp / below −0.005pp. Direction and speed are separate dimensions, not mutually exclusive recommendations.

Accelerating / slowing: compare the most recent 3M change with the preceding 3M change. Accelerating means a positive change speeds up by >0.02pp. Slowing means the magnitude of movement declines by >0.02pp. A falling industry can also slow.

Reversing: the last two 3M changes have opposite signs, outside a ±0.005pp tolerance. Persistence counts consecutive same-direction monthly changes.

Broad / concentrated: company attribution, not a market-cap concentration shortcut. Concentrated means the three largest same-direction contributors account for ≥70% of gross same-direction changes; otherwise broad requires ≥60% of constituents moving with the industry. Other cases are mixed.

Weights use matched S&P 500 members’ market-cap estimates, based on SEC-reported shares available by each month-end and monthly closing prices. Companies without a matched price or share record are omitted, so the denominator is the matched sample rather than every index member. These are not official float-adjusted S&P weights. Flow is not measured.