Glencore PLC Financials
| GLN Stock | 8,770 230.00 2.56% |
Glencore |
Understanding current and past Glencore PLC Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Glencore PLC's financial statements are interrelated, with each one affecting the others. For example, an increase in Glencore PLC's assets may result in an increase in income on the income statement.
Please note, the presentation of Glencore PLC's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Glencore PLC's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Glencore PLC's management manipulating its earnings.
| Instrument | South Africa Stock View All |
| Exchange | Johannesburg Exchange |
| ISIN | JE00B4T3BW64 |
| Business Address | Baarermattstrasse 3, Baar, |
| Sector | Basic Materials |
| Industry | Other Industrial Metals & Mining |
| Benchmark | Dow Jones Industrial |
| Website | www.glencore.com |
| Phone | 41 41 709 2000 |
You should never invest in Glencore PLC without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Glencore Stock, because this is throwing your money away. Analyzing the key information contained in Glencore PLC's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Glencore PLC Key Financial Ratios
There are many critical financial ratios that Glencore PLC's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Glencore PLC reports annually and quarterly.| Return On Equity | 0.39 | |||
| Return On Asset | 0.0982 | |||
| Target Price | 7.72 | |||
| Beta | 1.26 | |||
| Z Score | 24.4 |
Glencore Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Glencore PLC's current stock value. Our valuation model uses many indicators to compare Glencore PLC value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Glencore PLC competition to find correlations between indicators driving Glencore PLC's intrinsic value. More Info.Glencore PLC is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers reporting about 0.25 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Glencore PLC is roughly 3.98 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Glencore PLC's earnings, one of the primary drivers of an investment's value.Glencore PLC Systematic Risk
Glencore PLC's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Glencore PLC volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Glencore PLC correlated with the market. If Beta is less than 0 Glencore PLC generally moves in the opposite direction as compared to the market. If Glencore PLC Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Glencore PLC is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Glencore PLC is generally in the same direction as the market. If Beta > 1 Glencore PLC moves generally in the same direction as, but more than the movement of the benchmark.
Glencore PLC December 11, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Glencore PLC help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Glencore PLC. We use our internally-developed statistical techniques to arrive at the intrinsic value of Glencore PLC based on widely used predictive technical indicators. In general, we focus on analyzing Glencore Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Glencore PLC's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.76 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 9.25 | |||
| Value At Risk | (2.99) | |||
| Potential Upside | 3.84 |
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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