GLEN Stock | | | 354.60 0.75 0.21% |
Glencore PLC financial indicator trend analysis is much more than just examining Glencore PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Glencore PLC is a good investment. Please check the relationship between Glencore PLC Selling And Marketing Expenses and its Ebitda accounts. 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 closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling And Marketing Expenses vs Ebitda
Selling And Marketing Expenses vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Glencore PLC Selling And Marketing Expenses account and
Ebitda. At this time, the significance of the direction appears to have strong relationship.
The correlation between Glencore PLC's Selling And Marketing Expenses and Ebitda is 0.76. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Ebitda in the same time period over historical financial statements of Glencore PLC, assuming nothing else is changed. The correlation between historical values of Glencore PLC's Selling And Marketing Expenses and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling And Marketing Expenses of Glencore PLC are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Selling And Marketing Expenses i.e., Glencore PLC's Selling And Marketing Expenses and Ebitda go up and down completely randomly.
Correlation Coefficient | 0.76 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Selling And Marketing Expenses
Ebitda
Most indicators from Glencore PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Glencore PLC current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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 closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Discontinued Operations is likely to gain to about 2.6
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 19.9
M in 2024.
Glencore PLC fundamental ratios Correlations
Click cells to compare fundamentals
Glencore PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Glencore PLC fundamental ratios Accounts
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Additional Tools for Glencore Stock Analysis
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