Use ArcelorMittal to protect against small markets fluctuations. The stock experiences unexpected downward movement. The market is reacting to new fundamentals
As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, ArcelorMittal will likely underperform.
Bernard Fontana Executive Vice President CEO of Stainless Division, Member of the Management Committee
Geert Poelvoorde Member of Management Committee and Vice President CEO - Flat Carbon Europe, Business Division North
Juergen Schachler Member of Management Committee and Vice President CEO, ArcelorMittal Dofasco, Hamilton
P Venkataramanan Vice President CEO Long Carbon North America, Member of Management Committee
ArcelorMittal Price and Market Media
The median price of ArcelorMittal for the period between Mon, May 20, 2013 and Wed, Jun 19, 2013 is 12.66 with a coefficient of variation of 3.1. The daily time series for the period is distributed with a sample standard deviation of 0.39, arithmetic mean of 12.63, and mean deviation of 0.34. The Stock received some media coverage during the period.
ArcelorMittal [MT] is traded on New York Stock Exchange in USA. It is located in , Avenue de la LibertLuxembourg, and employs 243,000 people. The company currently falls under 'Large-Cap' category with market capitalization of 21.16 B. ArcelorMittal is active under Basic Materials sector as part of Steel and Iron industry. This company has 1.75 B outstanding shares of which 33.71 M shares are now sold short in the market by investors with about 4.3 days to cover all shorted shares.
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