Glanbia PLC (Ireland) Price on May 2, 2024
| GL9 Stock | EUR 18.90 0.16 0.85% |
If you're considering investing in Glanbia Stock, it is important to understand the factors that can impact its price. As of today, the current price of Glanbia PLC stands at 18.90, as last reported on the 15th of June 2024, with the highest price reaching 19.13 and the lowest price hitting 18.82 during the day. We consider Glanbia PLC very steady. Glanbia PLC holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Glanbia PLC, which you can use to evaluate the volatility of the firm. Please check out Glanbia PLC's market risk adjusted performance of 0.7478, and Risk Adjusted Performance of 0.0987 to validate if the risk estimate we provide is consistent with the expected return of 0.11%.
Glanbia Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Glanbia |
Sharpe Ratio = 0.1207
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Estimated Market Risk
| 0.93 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Glanbia PLC is performing at about 9% of its full potential. 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 Glanbia PLC by adding it to a well-diversified portfolio.
Glanbia PLC Valuation on May 2, 2024
It is possible to determine the worth of Glanbia PLC on a given historical date. On May 2, 2024 Glanbia was worth 17.9 at the beginning of the trading date compared to the closed value of 17.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Glanbia PLC stock. Still, in general, we apply an absolute valuation method to find Glanbia 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 Glanbia PLC where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Glanbia PLC's related companies.
| Open | High | Low | Close | Volume | |
| 17.76 | 18.00 | 17.76 | 17.84 | 237,719 | |
05/02/2024 | 17.90 | 18.03 | 17.50 | 17.67 | 189,239 |
| 17.67 | 17.92 | 17.55 | 17.64 | 302,829 |
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Glanbia PLC Trading Date Momentum on May 2, 2024
| On May 03 2024 Glanbia PLC was traded for 17.64 at the closing time. The maximum traded price for the trading interval was 17.92 and the lowest daily price was 17.55 . The daily volume was recorded at 302.8 K. The volume of trading on 3rd of May 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.17% . The overall trading delta to the closing price today is 3.00% . |
Glanbia PLC Fundamentals Correlations and Trends
By evaluating Glanbia 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 Glanbia PLC's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Glanbia financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Glanbia PLC Stock history
Glanbia 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 Glanbia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Glanbia 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 Glanbia PLC stock prices may prove useful in developing a viable investing in Glanbia PLC
Glanbia PLC Stock Technical Analysis
Glanbia 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.
Price Boundaries
Glanbia PLC Period Price Range
Low | May 2, 2024
| High |
17.90 | 17.67 |
Glanbia PLC June 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Glanbia 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 Glanbia PLC shares will generate the highest return on investment. By undertsting and applying Glanbia PLC stock market strength indicators, traders can identify Glanbia PLC entry and exit signals to maximize returns
Glanbia PLC Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Glanbia PLC's price direction in advance. Along with the technical and fundamental analysis of Glanbia Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Glanbia 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 | 0.0987 | |||
| Jensen Alpha | 0.1302 | |||
| Total Risk Alpha | 0.1459 | |||
| Sortino Ratio | 0.1674 | |||
| Treynor Ratio | 0.7378 |
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Additional Tools for Glanbia Stock Analysis
When running Glanbia PLC's price analysis, check to measure Glanbia 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 Glanbia PLC is operating at the current time. Most of Glanbia PLC's value examination focuses on studying past and present price action to predict the probability of Glanbia 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 Glanbia PLC's price. Additionally, you may evaluate how the addition of Glanbia PLC to your portfolios can decrease your overall portfolio volatility.