Glencore Pink Sheet Market Value

Pink Sheets . USA . 
Stock . Glencore PLC ADR
GLNCY Stock  USD 10.49  0.25  2.44%   
Glencore PLC's market value is the price at which a share of Glencore PLC stock trades on a public exchange. It measures the collective expectations of Glencore PLC ADR investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Glencore PLC ADR and determine expected loss or profit from investing in Glencore PLC over a given investment horizon. Please check Glencore PLC Correlation, Glencore PLC Volatility and Glencore PLC Alpha and Beta module to complement your research on Glencore PLC.
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Please note, there is a significant difference between Glencore PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine Glencore PLC value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Glencore PLC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Glencore PLC 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Glencore PLC's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Glencore PLC.
0.00
03/26/2022
No Change 0.00  0.0 
In 11 months and 26 days
03/21/2023
0.00
If you would invest  0.00  in Glencore PLC on March 26, 2022 and sell it all today you would earn a total of 0.00 from holding Glencore PLC ADR or generate 0.0% return on investment in Glencore PLC over 360 days. Glencore PLC is related to or competes with BHP Group, Morningstar Unconstrained, Aeye, Dallasnews Corp, ICON LONGSHORT, and Malaga Financial. Glencore plc produces, refines, processes, stores, transports, and markets metals and minerals, and energy products in t... More

Glencore PLC Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Glencore PLC's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Glencore PLC ADR upside and downside potential and time the market with a certain degree of confidence.
Information Ratio(0.09)
Maximum Drawdown14.65
Value At Risk(4.44)
Potential Upside3.03

Glencore PLC Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Glencore PLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Glencore PLC's standard deviation. In reality, there are many statistical measures that can use Glencore PLC historical prices to predict the future Glencore PLC's volatility.
Risk Adjusted Performance(0.11)
Jensen Alpha(0.32)
Total Risk Alpha(0.09)
Treynor Ratio2.93
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Glencore PLC's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Glencore PLC in the context of predictive analytics.
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7.9210.4913.06
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6.949.5112.08
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Glencore PLC. Your research has to be compared to or analyzed against Glencore PLC's peers to derive any actionable benefits. When done correctly, Glencore PLC's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Glencore PLC ADR.

Glencore PLC ADR Backtested Returns

Glencore PLC ADR holds Efficiency (Sharpe) Ratio of -0.15, which attests that the entity had -0.15% of return per unit of risk over the last 3 months. Macroaxis standpoint towards determining the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Glencore PLC ADR exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Glencore PLC risk adjusted performance of (0.11), and Market Risk Adjusted Performance of 2.94 to validate the risk estimate we provide.
The company retains a Market Volatility (i.e., Beta) of -0.1076, which attests to not very significant fluctuations relative to the market. Let's try to break down what Glencore's beta means in this case. As returns on the market increase, returns on owning Glencore PLC are expected to decrease at a much lower rate. During the bear market, Glencore PLC is likely to outperform the market. Even though it is essential to pay attention to Glencore PLC ADR current price history, it is always good to be careful when utilizing equity current price movements. Our philosophy towards determining any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Glencore PLC ADR exposes twenty-one different technical indicators, which can help you to evaluate its performance. Glencore PLC ADR has an expected return of -0.39%. Please be advised to check out Glencore PLC mean deviation, information ratio, as well as the relationship between the Information Ratio and downside variance to decide if Glencore PLC ADR performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.48  

Modest reverse predictability

Glencore PLC ADR has modest reverse predictability. Overlapping area represents the amount of predictability between Glencore PLC time series from 26th of March 2022 to 22nd of September 2022 and 22nd of September 2022 to 21st of March 2023. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Glencore PLC ADR price movement. The serial correlation of -0.48 indicates that about 48.0% of current Glencore PLC price fluctuation can be explain by its past prices.
Correlation Coefficient-0.48
Spearman Rank Test-0.01
Residual Average0.0
Price Variance1.23

Glencore PLC ADR lagged returns against current returns

Autocorrelation, which is Glencore PLC pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Glencore PLC's pink sheet expected returns. We can calculate the autocorrelation of Glencore PLC returns to help us make a trade decision. For example, suppose you find that Glencore PLC pink sheet has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
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Glencore PLC regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Glencore PLC pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Glencore PLC pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Glencore PLC pink sheet over time.
   Current vs Lagged Prices   
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Glencore PLC Lagged Returns

When evaluating Glencore PLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Glencore PLC pink sheet have on its future price. Glencore PLC autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Glencore PLC autocorrelation shows the relationship between Glencore PLC pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Glencore PLC ADR.
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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.

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Please check Glencore PLC Correlation, Glencore PLC Volatility and Glencore PLC Alpha and Beta module to complement your research on Glencore PLC. Note that the Glencore PLC ADR information on this page should be used as a complementary analysis to other Glencore PLC's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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When running Glencore PLC ADR 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 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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Glencore PLC technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Overlap Analysis
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Forecast Models
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Price Shifting
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Volatility Indicators
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Value Movement
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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...
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