As returns on market increase, ArcelorMittal returns are expected to increase less than the market. However during bear market, the loss on holding ArcelorMittal will be expected to be smaller as well.
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 Diversification Suggestion
Use ArcelorMittal to enhance returns of your portfolios. The stock experiences normal upward fluctuation. Check odds of ArcelorMittal to be traded at $17.69 in 30 days
ArcelorMittal Price and Market Media
The median price of ArcelorMittal for the period between Fri, Nov 8, 2013 and Sun, Dec 8, 2013 is 16.87 with a coefficient of variation of 1.18. The daily time series for the period is distributed with a sample standard deviation of 0.2, arithmetic mean of 16.91, and mean deviation of 0.15. The Stock received substential amount of media coverage during this period.
ArcelorMittal [MT] is traded on New York Stock Exchange in USA. It is located in , Avenue de la LibertLuxembourg, and employs 239,000 people. The company currently falls under 'Large-Cap' category with market capitalization of 30.2 B. ArcelorMittal is active under Basic Materials sector as part of Steel and Iron industry. This company has 1.79 B outstanding shares of which 28.78 M shares are now sold short in the market by investors with about 5.0 days to cover all shorted shares.
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