Arcelormittal Sa Adr Stock Probability of Future Stock Price Finishing Over 26.10

MT Stock  USD 26.10  0.32  1.21%   
ArcelorMittal's implied volatility is one of the determining factors in the pricing options written on ArcelorMittal SA ADR. Implied volatility approximates the future value of ArcelorMittal based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in ArcelorMittal SA ADR over a specific time period. For example, 2024-03-01 CALL at $26.0 is a CALL option contract on ArcelorMittal's common stock with a strick price of 26.0 expiring on 2024-03-01. The contract was last traded on 2024-02-20 at 11:23:26 for $0.85 and, as of today, has 3 days remaining before the expiration. The option is currently trading at a bid price of $0.35, and an ask price of $0.45. The implied volatility as of the 27th of February is 36.61. View All ArcelorMittal options

Closest to current price ArcelorMittal long CALL Option Payoff at Expiration

ArcelorMittal's future price is the expected price of ArcelorMittal instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of ArcelorMittal SA ADR performance during a given time horizon utilizing its historical volatility. Check out ArcelorMittal Backtesting, ArcelorMittal Valuation, ArcelorMittal Correlation, ArcelorMittal Hype Analysis, ArcelorMittal Volatility, ArcelorMittal History as well as ArcelorMittal Performance.
  
Price to Book Value is likely to gain to 0.57 in 2024. Price to Earnings Ratio is likely to gain to 2.92 in 2024. Please specify ArcelorMittal's target price for which you would like ArcelorMittal odds to be computed.

ArcelorMittal Target Price Odds to finish over 26.10

The tendency of ArcelorMittal Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move above the current price in 90 days
 26.10 90 days 26.10 
about 71.72
Based on a normal probability distribution, the odds of ArcelorMittal to move above the current price in 90 days from now is about 71.72 (This ArcelorMittal SA ADR probability density function shows the probability of ArcelorMittal Stock to fall within a particular range of prices over 90 days) .
Allowing for the 90-day total investment horizon the stock has the beta coefficient of 1.63 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, ArcelorMittal will likely underperform. Additionally The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. ArcelorMittal SA ADR is significantly underperforming NYSE Composite.
   ArcelorMittal Price Density   
       Price  

Predictive Modules for ArcelorMittal

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ArcelorMittal SA ADR. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of ArcelorMittal's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of ArcelorMittal in the context of predictive analytics.
Hype
Prediction
LowEstimatedHigh
24.3826.1127.84
Details
Intrinsic
Valuation
LowRealHigh
23.4929.7031.43
Details
Naive
Forecast
LowNextHigh
22.3024.0325.76
Details
6 Analysts
Consensus
LowTargetHigh
30.0032.9736.60
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ArcelorMittal. Your research has to be compared to or analyzed against ArcelorMittal's peers to derive any actionable benefits. When done correctly, ArcelorMittal's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in ArcelorMittal SA ADR.

ArcelorMittal Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. ArcelorMittal is not an exception. The market had few large corrections towards the ArcelorMittal's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold ArcelorMittal SA ADR, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ArcelorMittal within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.1
β
Beta against NYSE Composite1.63
σ
Overall volatility
1.34
Ir
Information ratio -0.0055

ArcelorMittal Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of ArcelorMittal for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ArcelorMittal SA ADR can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
ArcelorMittal SA ADR has a frail financial position based on the latest SEC disclosures
Latest headline from globenewswire.com: MT Hjgaard Holding AS MT Hjgaard Holding sells RTS Contractors

ArcelorMittal Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of ArcelorMittal Stock often depends not only on the future outlook of the current and potential ArcelorMittal's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. ArcelorMittal's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding845 M
Cash And Short Term Investments7.8 B

ArcelorMittal Technical Analysis

ArcelorMittal's future price can be derived by breaking down and analyzing its technical indicators over time. ArcelorMittal Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ArcelorMittal SA ADR. In general, you should focus on analyzing ArcelorMittal Stock price patterns and their correlations with different microeconomic environments and drivers.

ArcelorMittal Predictive Forecast Models

ArcelorMittal's time-series forecasting models is one of many ArcelorMittal's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary ArcelorMittal's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about ArcelorMittal SA ADR

Checking the ongoing alerts about ArcelorMittal for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ArcelorMittal SA ADR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
ArcelorMittal SA ADR has a frail financial position based on the latest SEC disclosures
Latest headline from globenewswire.com: MT Hjgaard Holding AS MT Hjgaard Holding sells RTS Contractors
When determining whether ArcelorMittal SA ADR is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if ArcelorMittal Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Arcelormittal Sa Adr Stock. Highlighted below are key reports to facilitate an investment decision about Arcelormittal Sa Adr Stock:

Complementary 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.
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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
(0.01)
Dividend Share
0.5
Earnings Share
1.09
Revenue Per Share
40.5435
Quarterly Revenue Growth
(0.14)
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 if ArcelorMittal is a good investment 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.