ArcelorMittal Weighted Average Shares Diluted Trend from 2010 to 2023

MT Stock  USD 31.32  0.60  1.88%   
ArcelorMittal Weighted Average Shares Diluted yearly trend continues to be comparatively stable with very little volatility. Weighted Average Shares Diluted will likely drop to about 1.2 B in 2023. From the period from 2010 to 2023, ArcelorMittal Weighted Average Shares Diluted quarterly data regression had r-squared of 0.93 and coefficient of variation of  29.54. ArcelorMittal Operating Expenses is comparatively stable at the moment as compared to the past year. ArcelorMittal reported Operating Expenses of 2.03 Billion in 2022. Operating Income is likely to gain to about 21.1 B in 2023, whereas Weighted Average Shares Diluted is likely to drop slightly above 1.2 B in 2023.
  
Check ArcelorMittal financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ArcelorMittal main balance sheet or income statement drivers, such as Consolidated Income of 19.3 B, Cost of Revenue of 55.3 B or Earning Before Interest and Taxes EBIT of 23 B, as well as many exotic indicators such as Asset Turnover of 0.98, Book Value per Share of 44.37 or Current Ratio of 1.24. ArcelorMittal financial statements analysis is a perfect complement when working with ArcelorMittal Valuation or Volatility modules. It can also supplement ArcelorMittal's financial leverage analysis and stock options assessment as well as various ArcelorMittal Technical models . Additionally, see the analysis of ArcelorMittal Correlation against competitors.

ArcelorMittal Weighted Average Shares Diluted Breakdown

Showing smoothed Weighted Average Shares Diluted of ArcelorMittal SA ADR with missing and latest data points interpolated. The weighted average number of shares or units issued and outstanding that are used by the company to calculate [EPSDil]; determined based on the timing of issuance of shares or units in the period.ArcelorMittal's Weighted Average Shares Diluted historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ArcelorMittal's overall financial position and show how it may be relating to other accounts over time.
Weighted Average Shares Diluted10 Years Trend
Up
Slightly volatile
   Weighted Average Shares Diluted   
       Timeline  

ArcelorMittal Weighted Average Shares Diluted Regression Statistics

Arithmetic Mean887,825,038
Geometric Mean848,305,381
Coefficient Of Variation29.54
Mean Deviation228,659,604
Median1,013,000,000
Standard Deviation262,290,628
Range757,867,000
R-Value0.96
R-Squared0.93
Significance0.00000003
Slope60,421,461

ArcelorMittal Weighted Average Shares Diluted History

2013593.3 M
2014770.7 M
2015772 M
2016955 M
2017B
2018B
2019B
20201.1 B
20211.1 B
20221.3 B
20231.2 B

About ArcelorMittal Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include ArcelorMittal income statement, its balance sheet, and the statement of cash flows. ArcelorMittal investors use historical funamental indicators, such as ArcelorMittal's Weighted Average Shares Diluted, to determine how well the company is positioned to perform in the future. Although ArcelorMittal investors may use each financial statement separately, they are all related. The changes in ArcelorMittal's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ArcelorMittal's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on ArcelorMittal Financial Statements. Understanding these patterns can help to make the right decision on long term investment in ArcelorMittal. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2023
Weighted Average Shares Diluted1.3 B1.2 B
Average Assets77.7 B81.3 B
Average Equity39.3 B38.3 B
Invested Capital Average57.6 B64 B

ArcelorMittal Investors Sentiment

The influence of ArcelorMittal's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in ArcelorMittal. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to ArcelorMittal's public news can be used to forecast risks associated with investment in ArcelorMittal. The trend in average sentiment can be used to explain how an investor holding ArcelorMittal can time the market purely based on public headlines and social activities around ArcelorMittal SA ADR. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
ArcelorMittal's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for ArcelorMittal's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average ArcelorMittal's news discussions. The higher the estimated score, the more favorable is the investor's outlook on ArcelorMittal.

ArcelorMittal Implied Volatility

    
  30.29  
ArcelorMittal's implied volatility exposes the market's sentiment of ArcelorMittal SA ADR stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if ArcelorMittal's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that ArcelorMittal stock will not fluctuate a lot when ArcelorMittal's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ArcelorMittal in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ArcelorMittal's short interest history, or implied volatility extrapolated from ArcelorMittal options trading.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as ArcelorMittal SA ADR using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Additionally, see the analysis of ArcelorMittal Correlation against competitors. You can also try Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

Complementary Tools for analysis

When running ArcelorMittal SA ADR 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 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.
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Bond Directory
Find actively traded corporate debentures issued by US companies
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Money Managers
Screen money managers from public funds and ETFs managed around the world
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Is ArcelorMittal's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ArcelorMittal. If investors know ArcelorMittal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ArcelorMittal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.73) 
Market Capitalization
26.1 B
Quarterly Revenue Growth
(0.06) 
Return On Assets
0.1037
Return On Equity
0.2608
The market value of ArcelorMittal SA ADR is measured differently than its book value, which is the value of ArcelorMittal that is recorded on the company's balance sheet. Investors also form their own opinion of ArcelorMittal's value that differs from its market value or its book value, called intrinsic value, which is ArcelorMittal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ArcelorMittal's market value can be influenced by many factors that don't directly affect ArcelorMittal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ArcelorMittal's value and its price as these two are different measures arrived at by different means. Investors typically determine ArcelorMittal value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ArcelorMittal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.