ArcelorMittal South (South Africa) Price on November 27, 2024
| ACL Stock | 127.00 8.00 5.93% |
If you're considering investing in ArcelorMittal Stock, it is important to understand the factors that can impact its price. As of today, the current price of ArcelorMittal South stands at 127.00, as last reported on the 13th of December 2024, with the highest price reaching 135.00 and the lowest price hitting 127.00 during the day. At this point, ArcelorMittal South is very steady. ArcelorMittal South secures Sharpe Ratio (or Efficiency) of 0.0327, which signifies that the company had a 0.0327% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for ArcelorMittal South Africa, which you can use to evaluate the volatility of the firm. Please confirm ArcelorMittal South's risk adjusted performance of 0.05, and Mean Deviation of 3.81 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%.
ArcelorMittal Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ArcelorMittal |
Sharpe Ratio = 0.0327
| Best Portfolio | Best Equity | |||
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| Small Returns | ACL | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 5.84 actual daily | 52 52% of assets are less volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average ArcelorMittal South is performing at about 2% 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 ArcelorMittal South by adding it to a well-diversified portfolio.
ArcelorMittal South Valuation on November 27, 2024
It is possible to determine the worth of ArcelorMittal South on a given historical date. On November 27, 2024 ArcelorMittal was worth 121.0 at the beginning of the trading date compared to the closed value of 124.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ArcelorMittal South stock. Still, in general, we apply an absolute valuation method to find ArcelorMittal South'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 ArcelorMittal South where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ArcelorMittal South's related companies.
| Open | High | Low | Close | Volume | |
| 126.00 | 126.00 | 121.00 | 126.00 | 63,597 | |
11/27/2024 | 121.00 | 128.00 | 120.00 | 124.00 | 163,140 |
| 128.00 | 129.00 | 123.00 | 127.00 | 482,099 |
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ArcelorMittal South Trading Date Momentum on November 27, 2024
| On November 28 2024 ArcelorMittal South Africa was traded for 127.00 at the closing time. The highest price during the trading period was 129.00 and the lowest recorded bid was listed for 123.00 . The volume for the day was 482.1 K. This history from November 28, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 2.42% . The overall trading delta to the current price is 11.29% . |
ArcelorMittal South Fundamentals Correlations and Trends
By evaluating ArcelorMittal South'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 ArcelorMittal South's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ArcelorMittal financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ArcelorMittal South Stock history
ArcelorMittal South 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 ArcelorMittal is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ArcelorMittal South 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 ArcelorMittal South stock prices may prove useful in developing a viable investing in ArcelorMittal South
ArcelorMittal South Stock Technical Analysis
ArcelorMittal South 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
ArcelorMittal South Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
ArcelorMittal South Africa cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
ArcelorMittal South December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how ArcelorMittal South stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ArcelorMittal South shares will generate the highest return on investment. By undertsting and applying ArcelorMittal South stock market strength indicators, traders can identify ArcelorMittal South Africa entry and exit signals to maximize returns
ArcelorMittal South Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ArcelorMittal South's price direction in advance. Along with the technical and fundamental analysis of ArcelorMittal Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ArcelorMittal 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 | 0.05 | |||
| Jensen Alpha | 0.3273 | |||
| Total Risk Alpha | (0.49) | |||
| Sortino Ratio | 0.0376 | |||
| Treynor Ratio | (2.64) |
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Complementary Tools for ArcelorMittal Stock analysis
When running ArcelorMittal South's price analysis, check to measure ArcelorMittal South'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 ArcelorMittal South is operating at the current time. Most of ArcelorMittal South's value examination focuses on studying past and present price action to predict the probability of ArcelorMittal South's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ArcelorMittal South's price. Additionally, you may evaluate how the addition of ArcelorMittal South to your portfolios can decrease your overall portfolio volatility.
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