Glencore PLC (Germany) Today
| 8GC Stock | EUR 5.53 0.07 1.28% |
Performance10 of 100
| Odds Of DistressLess than 9
|
Glencore PLC is trading at 5.53 as of the 18th of April 2024. This is a 1.28% increase since the beginning of the trading day. The stock's lowest day price was 5.46. Glencore PLC has less than a 9 % chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. Equity ratings for Glencore PLC are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
Glencore plc engages in the production, refinement, processing, storage, transport, and marketing of metals and minerals, energy products, and agricultural products. Glencore plc was founded in 1974 and is headquartered in Baar, Switzerland. GLENCORE PLC operates under Industrial Metals Minerals classification in Germany and is traded on Frankfurt Stock Exchange. The company has 12.66 B outstanding shares. More on Glencore PLC
Moving together with Glencore Stock
| 0.71 | BHP1 | BHP Group Limited | PairCorr |
| 0.75 | CVLC | Vale SA | PairCorr |
| 0.98 | 8GCA | Glencore plc | PairCorr |
Moving against Glencore Stock
| 0.44 | E908 | Lyxor 1 | PairCorr |
Follow Valuation Odds of Bankruptcy
Check how we calculate scores
Glencore Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Glencore PLC's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Glencore PLC or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO, Executive Director | Ivan Glasenberg |
| Business Concentration | Industrial Metals & Minerals, Basic Materials (View all Sectors) |
Glencore PLC (8GC) is traded on Frankfurt Exchange in Germany and employs 135,000 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 72.09 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Glencore PLC's market, we take the total number of its shares issued and multiply it by Glencore PLC's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Glencore PLC classifies itself under Basic Materials sector and is part of Industrial Metals & Minerals industry. The entity has 12.66 B outstanding shares.
Glencore PLC has accumulated about 2.08 B in cash with 13.66 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.15.
Check Glencore PLC Probability Of Bankruptcy
Ownership AllocationGlencore PLC secures a total of 12.66 Billion outstanding shares. 30% of Glencore PLC outstanding shares are owned by outside corporations. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Glencore Ownership Details
Glencore Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Glencore PLC jumping above the current price in 90 days from now is roughly 2.61%. The Glencore PLC probability density function shows the probability of Glencore PLC stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Glencore PLC has a beta of -0.2984. This suggests as returns on the benchmark increase, returns on holding Glencore PLC are expected to decrease at a much lower rate. During a bear market, however, Glencore PLC is likely to outperform the market. Additionally, glencore PLC has an alpha of 0.1176, implying that it can generate a 0.12 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Glencore PLC to move above the current price in 90 days from now is roughly 2.61 (This Glencore PLC probability density function shows the probability of Glencore Stock to fall within a particular range of prices over 90 days) .
Glencore PLC Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Glencore PLC market risk premium is the additional return an investor will receive from holding Glencore PLC long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Glencore PLC. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Glencore PLC's alpha and beta are two of the key measurements used to evaluate Glencore PLC's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.38 | |||
| Semi Deviation | 1.6 | |||
| Standard Deviation | 1.74 | |||
| Variance | 3.03 |
Glencore Stock Against Markets
Picking the right benchmark for Glencore PLC stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Glencore PLC stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Glencore PLC is critical whether you are bullish or bearish towards Glencore PLC at a given time. Please also check how Glencore PLC's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Glencore PLC without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Share Portfolio Now
Share PortfolioTrack or share privately all of your investments from the convenience of any device |
| All Next | Launch Module |
Glencore PLC Corporate Directors
Glencore PLC corporate directors refer to members of a Glencore PLC board of directors. The board of directors generally takes responsibility for the Glencore PLC's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Glencore PLC's board members must vote for the resolution. The Glencore PLC board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Martin Gilbert | Non-Executive Independent Director | Profile | |
| Gill Marcus | Non-Executive Independent Director | Profile | |
| William MaCaulay | Independent Non-Executive Director | Profile | |
| Leonhard Fischer | Independent Non-Executive Director | Profile |
How to buy Glencore Stock?
Before investing in Glencore PLC, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Glencore PLC. To buy Glencore PLC stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Glencore PLC. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Glencore PLC stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Glencore PLC stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Glencore PLC stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Glencore PLC, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Glencore PLC?
The danger of trading Glencore PLC is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Glencore PLC is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Glencore PLC. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Glencore PLC is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Glencore PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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.
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum |