Glencore Plc Stock Today
| GLCNF Stock | USD 5.73 0.16 2.72% |
Performance5 of 100
| Odds Of DistressLess than 10
|
Glencore PLC is trading at 5.73 as of the 24th of April 2024. This is a -2.72 percent down since the beginning of the trading day. The stock's lowest day price was 5.73. Glencore PLC has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Glencore PLC are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
Glencore plc produces, refines, processes, stores, transports, and markets metals and minerals, and energy products in the Americas, Europe, Asia, Africa, and Oceania. Glencore plc was founded in 1974 and is headquartered in Baar, Switzerland. Glencore Internation operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. The company has 12.69 B outstanding shares. More on Glencore PLC
Moving together with Glencore Pink Sheet
| 1.0 | GLNCY | Glencore PLC ADR Earnings Call This Week | PairCorr |
Moving against Glencore Pink Sheet
| 0.75 | PKX | POSCO Holdings Financial Report 25th of April 2024 | PairCorr |
| 0.49 | PIFMY | Indofood Sukses Makmur | PairCorr |
Glencore Pink Sheet 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 |
| Old Name | Glencore PLC |
| Business Concentration | Other Industrial Metals & Mining, Basic Materials (View all Sectors) |
Glencore PLC [GLCNF] is a Pink Sheet which is traded through a dealer network over-the-counter (OTC). The company currently falls under 'Large-Cap' category with a current market capitalization of 82.23 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 Other Industrial Metals & Mining industry. The entity has 12.69 B outstanding shares.
Glencore PLC has accumulated about 2.88 B in cash with 8.86 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.22.
Check Glencore PLC Probability Of Bankruptcy
Ownership AllocationGlencore PLC secures a total of 12.69 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 about 13.45%. The Glencore PLC probability density function shows the probability of Glencore PLC pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Glencore PLC has a beta of 0.7455. This usually indicates as returns on the market go up, Glencore PLC average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Glencore PLC will be expected to be much smaller as well. Additionally, glencore PLC has an alpha of 0.0996, implying that it can generate a 0.0996 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 about 13.45 (This Glencore PLC probability density function shows the probability of Glencore Pink Sheet 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 | 1.51 | |||
| Semi Deviation | 1.71 | |||
| Standard Deviation | 1.87 | |||
| Variance | 3.51 |
Glencore Stock Against Markets
Picking the right benchmark for Glencore PLC pink sheet 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 pink sheet 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 Investing Opportunities Now
Investing OpportunitiesBuild portfolios using our predefined set of ideas and optimize them against your investing preferences |
| 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 Pink Sheet?
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 Risk vs Return Analysis 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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Glencore Pink Sheet 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.
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Commodity Directory Find actively traded commodities issued by global exchanges |