Arcelormittal Sa Adr Stock Price on December 10, 2024

MT Stock  USD 23.08  0.10  0.43%   
Below is the normalized historical share price chart for ArcelorMittal SA ADR extending back to August 07, 1997. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of ArcelorMittal stands at 23.08, as last reported on the 24th of December, with the highest price reaching 23.13 and the lowest price hitting 22.87 during the day.
IPO Date
8th of August 1997
200 Day MA
24.586
50 Day MA
24.7322
Beta
1.741
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in ArcelorMittal Stock, it is important to understand the factors that can impact its price. ArcelorMittal SA ADR secures Sharpe Ratio (or Efficiency) of -0.0368, which signifies that the company had a -0.0368% return per unit of standard deviation over the last 3 months. ArcelorMittal SA ADR exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ArcelorMittal's mean deviation of 1.55, and Risk Adjusted Performance of (0) to double-check the risk estimate we provide.
  
Stock Based Compensation is likely to gain to about 41 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 35.4 B in 2024. . Price Earnings Ratio is likely to gain to 42.86 in 2024, whereas Price To Sales Ratio is likely to drop 0.33 in 2024. ArcelorMittal Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0368

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Estimated Market Risk

 1.94
  actual daily
17
83% of assets are more volatile

Expected Return

 -0.07
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average ArcelorMittal is not performing at its full potential. However, 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 by adding ArcelorMittal to a well-diversified portfolio.
Price Book
0.3382
Enterprise Value Ebitda
9.9532
Price Sales
0.2903
Shares Float
440.4 M
Dividend Share
0.5

ArcelorMittal Main Headline on 10th of December 2024

Statement of transactions by members of senior management and their related parties in shares, issued by MT Hjgaard Holding AS and related securities,...

ArcelorMittal Valuation on December 10, 2024

It is possible to determine the worth of ArcelorMittal on a given historical date. On December 10, 2024 ArcelorMittal was worth 25.75 at the beginning of the trading date compared to the closed value of 25.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ArcelorMittal stock. Still, in general, we apply an absolute valuation method to find ArcelorMittal'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 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ArcelorMittal's related companies.
 Open High Low Close Volume
  26.15    26.35    25.71    25.74    1,731,356  
12/10/2024
  25.75    25.94    25.66    25.87    1,225,215  
  25.76    25.91    25.62    25.84    851,755  
Backtest ArcelorMittal  |  ArcelorMittal History  |  ArcelorMittal Valuation   PreviousNext  
Open Value
25.75
25.87
Closing Value
31.58
Upside

ArcelorMittal Trading Date Momentum on December 10, 2024

On December 11 2024 ArcelorMittal SA ADR was traded for  25.84  at the closing time. The highest price during the trading period was 25.91  and the lowest recorded bid was listed for  25.62 . The volume for the day was 851.8 K. This history from December 11, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.12% . The overall trading delta to the current price is 11.83% .

ArcelorMittal SA ADR Fundamentals Correlations and Trends

By evaluating ArcelorMittal'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'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 Stock history

ArcelorMittal 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 SA ADR 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 stock prices may prove useful in developing a viable investing in ArcelorMittal
Last ReportedProjected for Next Year
Common Stock Shares Outstanding845 M636.8 M
Net Income Applicable To Common Shares10.7 B11.2 B

ArcelorMittal Quarterly Net Working Capital

10.7 Billion

ArcelorMittal Stock Technical Analysis

ArcelorMittal 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.
A focus of ArcelorMittal technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ArcelorMittal 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...

Price Boundaries

ArcelorMittal Period Price Range

Low
December 24, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

ArcelorMittal SA ADR cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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 December 24, 2024 Market Strength

Market strength indicators help investors to evaluate how ArcelorMittal 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 shares will generate the highest return on investment. By undertsting and applying ArcelorMittal stock market strength indicators, traders can identify ArcelorMittal SA ADR entry and exit signals to maximize returns

ArcelorMittal Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for ArcelorMittal'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.

Additional Tools for ArcelorMittal Stock Analysis

When running ArcelorMittal's price analysis, check to measure ArcelorMittal'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 is operating at the current time. Most of ArcelorMittal's value examination focuses on studying past and present price action to predict the probability of ArcelorMittal'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's price. Additionally, you may evaluate how the addition of ArcelorMittal to your portfolios can decrease your overall portfolio volatility.