Glencore PLC (South Africa) Price on June 26, 2024

GLN Stock   7,371  41.00  0.55%   
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 7,371, as last reported on the 3rd of March, with the highest price reaching 7,459 and the lowest price hitting 7,204 during the day. Glencore PLC holds Efficiency (Sharpe) Ratio of -0.17, which attests that the entity had a -0.17 % return per unit of risk over the last 3 months. Glencore PLC exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Glencore PLC's Market Risk Adjusted Performance of (1.15), standard deviation of 1.64, and Risk Adjusted Performance of (0.11) 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.

Sharpe Ratio = -0.1674

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Estimated Market Risk

 1.65
  actual daily
14
86% of assets are more volatile

Expected Return

 -0.28
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.17
  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 June 26, 2024

It is possible to determine the worth of Glencore PLC on a given historical date. On June 26, 2024 Glencore was worth 10448.26 at the beginning of the trading date compared to the closed value of 10378.11. 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
  10,498    10,498    10,312    10,348    1,557,177  
06/26/2024
  10,448    10,644    10,331    10,378    1,407,125  
  10,463    10,502    10,287    10,441    1,050,431  
Backtest Glencore PLC  |  Glencore PLC History  |  Glencore PLC Valuation   PreviousNext  
Open Value
10448.26
10,443
Downside
10378.11
Closing Value
10,453
Upside

Glencore PLC Trading Date Momentum on June 26, 2024

On June 27 2024 Glencore PLC was traded for  10,441  at the closing time. The highest price during the trading period was 10,502  and the lowest recorded bid was listed for  10,287 . The volume for the day was 1.1 M. This history from June 27, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 0.61% . The overall trading delta to the current price is 6.86% .

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 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.
A focus of Glencore PLC technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Glencore PLC trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Glencore PLC Period Price Range

Low
March 3, 2025
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High

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Glencore PLC cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg 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 March 3, 2025 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.

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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