Glencore Shares Cross Above Two Hundred Day Moving Average of 444.45 - MarketBeat
| GLN Stock | 7,371 41.00 0.55% |
About 62% of Glencore PLC's investor base is looking to short. The analysis of current outlook of investing in Glencore PLC suggests that many traders are alarmed regarding Glencore PLC's prospects. The current market sentiment, together with Glencore PLC's historical and current headlines, can help investors time the market. In addition, many technical investors use Glencore PLC stock news signals to limit their universe of possible portfolio assets.
Glencore PLC stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Glencore daily returns and investor perception about the current price of Glencore PLC as well as its diversification or hedging effects on your existing portfolios.
Glencore |
Glencore Shares Cross Above Two Hundred Day Moving Average of 444.45 MarketBeat
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Glencore PLC Fundamental Analysis
We analyze Glencore PLC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Glencore PLC using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Glencore PLC based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Beta
Beta Comparative Analysis
Glencore PLC is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Glencore PLC Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Glencore PLC stock to make a market-neutral strategy. Peer analysis of Glencore PLC could also be used in its relative valuation, which is a method of valuing Glencore PLC by comparing valuation metrics with similar companies.
Peers
Glencore PLC Related Equities
| FTH | Frontier Transport | 1.92 | ||||
| SAR | Safari Investments | 0.90 | ||||
| ZED | Zeder Investments | 0.64 | ||||
| ABSP | ABSA Bank | 0.45 | ||||
| CAA | CA Sales | 0.13 | ||||
| RNI | Reinet Investments | 0.82 | ||||
| CPI | Capitec Bank | 1.31 |
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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