Glencore Plc Adr Stock Price on May 2, 2024
GLNCY Stock | USD 9.50 0.04 0.42% |
If you're considering investing in Glencore Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Glencore PLC stands at 9.50, as last reported on the 29th of November, with the highest price reaching 9.53 and the lowest price hitting 9.43 during the day. Glencore PLC ADR holds Efficiency (Sharpe) Ratio of -0.0245, which attests that the entity had a -0.0245% return per unit of risk over the last 3 months. Glencore PLC ADR exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Glencore PLC's Standard Deviation of 2.21, market risk adjusted performance of (0.21), and Risk Adjusted Performance of (0.05) to validate the risk estimate we provide.
Glencore Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Glencore |
Sharpe Ratio = -0.0245
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Estimated Market Risk
2.14 actual daily | 19 81% of assets are more volatile |
Expected Return
-0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 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.
Related Headline
Merck Headline on 2nd of May 2024
Disposition of 381 shares by Smart Dalton of Merck subject t... by Smart Dalton
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Glencore PLC Valuation on May 2, 2024
It is possible to determine the worth of Glencore PLC on a given historical date. On May 2, 2024 Glencore was worth 11.28 at the beginning of the trading date compared to the closed value of 11.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Glencore PLC pink sheet. 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 | |
11.24 | 11.52 | 11.21 | 11.29 | 205,200 | |
05/02/2024 | 11.28 | 11.37 | 10.99 | 11.17 | 607,134 |
11.16 | 11.30 | 11.11 | 11.30 | 360,125 |
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Glencore PLC Trading Date Momentum on May 2, 2024
On May 03 2024 Glencore PLC ADR was traded for 11.30 at the closing time. The highest daily price throughout the period was 11.30 and the lowest price was 11.11 . The daily volume was 360.1 K. The net trading volume on 05/03/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 1.16% . The overall trading delta to current closing price is 4.57% . |
Glencore PLC ADR 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 Pink Sheet 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 ADR 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 produces, refines, processes, stores, transports, and markets metals and minerals, and energy products in the Americas, Europe, Asia, Africa, and Oceania. Glencore plc was founded in 1974 and is headquartered in Baar, Switzerland. Glencore International operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. It employs 135000 people.
Glencore PLC Pink Sheet Technical Analysis
Glencore PLC technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Glencore PLC Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Glencore PLC ADR cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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 pink sheet 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 pink sheet market strength indicators, traders can identify Glencore PLC ADR 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 Pink Sheet 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 | (0.05) | |||
Jensen Alpha | (0.24) | |||
Total Risk Alpha | (0.49) | |||
Treynor Ratio | (0.22) |
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Additional Tools for Glencore Pink Sheet 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.