Glencore PLC (South Africa) Probability of Future Stock Price Finishing Over 8982.0

GLN Stock   8,599  61.00  0.70%   
Glencore PLC's future price is the expected price of Glencore PLC instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Glencore PLC performance during a given time horizon utilizing its historical volatility. Check out Glencore PLC Backtesting, Glencore PLC Valuation, Glencore PLC Correlation, Glencore PLC Hype Analysis, Glencore PLC Volatility, Glencore PLC History as well as Glencore PLC Performance.
  
Please specify Glencore PLC's target price for which you would like Glencore PLC odds to be computed.

Glencore PLC Target Price Odds to finish over 8982.0

The tendency of Glencore Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move over  8,982  or more in 90 days
 8,599 90 days 8,982 
about 61.66
Based on a normal probability distribution, the odds of Glencore PLC to move over  8,982  or more in 90 days from now is about 61.66 (This Glencore PLC probability density function shows the probability of Glencore Stock to fall within a particular range of prices over 90 days) . Probability of Glencore PLC price to stay between its current price of  8,599  and  8,982  at the end of the 90-day period is about 26.62 .
Assuming the 90 days trading horizon Glencore PLC has a beta of 0.086. This usually indicates as returns on the market go up, Glencore PLC average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Glencore PLC will be expected to be much smaller as well. Additionally Glencore PLC has an alpha of 0.0184, implying that it can generate a 0.0184 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Glencore PLC Price Density   
       Price  

Predictive Modules for Glencore PLC

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Glencore PLC. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
8,6588,6608,662
Details
Intrinsic
Valuation
LowRealHigh
7,0137,0159,526
Details

Glencore PLC Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Glencore PLC is not an exception. The market had few large corrections towards the Glencore PLC's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Glencore PLC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Glencore PLC within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.02
β
Beta against Dow Jones0.09
σ
Overall volatility
429.10
Ir
Information ratio -0.04

Glencore PLC Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Glencore PLC for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Glencore PLC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Glencore PLC generated a negative expected return over the last 90 days

Glencore PLC Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Glencore Stock often depends not only on the future outlook of the current and potential Glencore PLC's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Glencore PLC's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding13.2 B

Glencore PLC Technical Analysis

Glencore PLC's future price can be derived by breaking down and analyzing its technical indicators over time. Glencore Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Glencore PLC. In general, you should focus on analyzing Glencore Stock price patterns and their correlations with different microeconomic environments and drivers.

Glencore PLC Predictive Forecast Models

Glencore PLC's time-series forecasting models is one of many Glencore PLC's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Glencore PLC's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Glencore PLC

Checking the ongoing alerts about Glencore PLC for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Glencore PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Glencore PLC generated a negative expected return over the last 90 days

Other Information on Investing in Glencore Stock

Glencore PLC financial ratios help investors to determine whether Glencore Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Glencore with respect to the benefits of owning Glencore PLC security.