Glencore PLC (Germany) Price on April 21, 2023
8GC Stock | EUR 4.51 0.02 0.45% |
If you're considering investing in Glencore Stock, it is important to understand the factors that can impact its price. As of today, the current price of Glencore PLC stands at 4.51, as last reported on the 29th of November, with the highest price reaching 4.54 and the lowest price hitting 4.50 during the day. Glencore PLC holds Efficiency (Sharpe) Ratio of -0.0259, which attests that the entity had a -0.0259% return per unit of risk over the last 3 months. Glencore PLC exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Glencore PLC's Standard Deviation of 2.17, market risk adjusted performance of (0.36), and Risk Adjusted Performance of (0.01) to validate the risk estimate we provide.
Glencore Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Glencore |
Sharpe Ratio = -0.0259
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Estimated Market Risk
2.2 actual daily | 19 81% of assets are more volatile |
Expected Return
-0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Glencore PLC is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Glencore PLC by adding Glencore PLC to a well-diversified portfolio.
Glencore PLC Valuation on April 21, 2023
It is possible to determine the worth of Glencore PLC on a given historical date. On April 21, 2023 Glencore was worth 5.21 at the beginning of the trading date compared to the closed value of 5.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Glencore PLC stock. Still, in general, we apply an absolute valuation method to find Glencore PLC's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Glencore PLC where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Glencore PLC's related companies.
Open | High | Low | Close | Volume | |
5.14 | 5.27 | 5.14 | 5.27 | 42,343 | |
04/21/2023 | 5.21 | 5.21 | 5.10 | 5.11 | 67,223 |
5.13 | 5.13 | 5.03 | 5.06 | 56,376 |
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Glencore PLC Trading Date Momentum on April 21, 2023
On April 24 2023 Glencore PLC was traded for 5.06 at the closing time. The highest daily price throughout the period was 5.13 and the lowest price was 5.03 . The daily volume was 56.4 K. The net trading volume on 04/24/2023 added to the next day price reduction. The daily price change to closing price of the next trading day was 0.98% . The overall trading delta to current closing price is 2.15% . |
Glencore PLC Fundamentals Correlations and Trends
By evaluating Glencore PLC's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Glencore PLC's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Glencore financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Glencore PLC Stock history
Glencore PLC investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Glencore is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Glencore PLC will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Glencore PLC stock prices may prove useful in developing a viable investing in Glencore PLC
Glencore plc engages in the production, refinement, processing, storage, transport, and marketing of metals and minerals, energy products, and agricultural products. Glencore plc was founded in 1974 and is headquartered in Baar, Switzerland. GLENCORE PLC operates under Industrial Metals Minerals classification in Germany and is traded on Frankfurt Stock Exchange. It employs 158000 people.
Glencore PLC Stock Technical Analysis
Glencore PLC technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Glencore PLC Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Glencore PLC cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Glencore PLC November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Glencore PLC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Glencore PLC shares will generate the highest return on investment. By undertsting and applying Glencore PLC stock market strength indicators, traders can identify Glencore PLC entry and exit signals to maximize returns
Glencore PLC Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Glencore PLC's price direction in advance. Along with the technical and fundamental analysis of Glencore Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Glencore to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.01) | |||
Jensen Alpha | (0.09) | |||
Total Risk Alpha | (0.39) | |||
Treynor Ratio | (0.37) |
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Complementary Tools for Glencore Stock analysis
When running Glencore PLC's price analysis, check to measure Glencore 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 Glencore PLC is operating at the current time. Most of Glencore PLC's value examination focuses on studying past and present price action to predict the probability of Glencore 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 Glencore PLC's price. Additionally, you may evaluate how the addition of Glencore PLC to your portfolios can decrease your overall portfolio volatility.
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