ArcelorMittal Stock Price on June 15, 2021 Breakdown

MT
 Stock
  

USD 27.09  0.59  2.23%   

As of today, the current price of ArcelorMittal is  27.09 , as last reported on the 9th of December, with the highest price reaching  27.42  and the lowest price hitting  26.99  during the day.
ArcelorMittal appears to be very steady, given 3 months investment horizon. ArcelorMittal SA ADR secures Sharpe Ratio (or Efficiency) of 0.077, which signifies that the company had 0.077% of return per unit of standard deviation over the last 3 months. Our philosophy in foreseeing the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for ArcelorMittal SA ADR, which you can use to evaluate the future volatility of the firm. Please makes use of ArcelorMittal's risk adjusted performance of 0.1595, and Mean Deviation of 2.35 to double-check if our risk estimates are consistent with your expectations.
  
Net Income Common Stock is likely to gain to about 16.1 B in 2022. Price to Earnings Ratio is likely to gain to 2.54 in 2022, whereas Price to Book Value is likely to drop 0.68 in 2022. ArcelorMittal Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Most Recent Activity

Shares Float
485.3 M
Net Income Applicable To Common Shares
15 B
Shares Outstanding
816 M
Shares Short Prior Month
5.8 M
Dividend Share
0.38
Earnings Share
13.73

ArcelorMittal Main Headline on 15th of June 2021

ArcelorMittal SA ADR dividend paid on 15th of June 2021

ArcelorMittal Valuation on June 15, 2021

It is possible to determine the worth of ArcelorMittal on a given historical date. On June 15, 2021 ArcelorMittal was worth 31.77 at the beginning of the trading date compared to the closed value of 31.03. 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 Visa 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
  32.96    33.03    32.42    32.21    3,356,339  
06/15/2021
  31.77    31.94    30.92    31.03    5,284,371  
  30.44    30.66    30.03    29.76    4,504,642  
Backtest ArcelorMittal  |  ArcelorMittal History  |  ArcelorMittal Valuation   PreviousNext  
Open Value 31.77
31.03
Closing Value
41.06
Upside

ArcelorMittal Trading Date Momentum on June 15, 2021

On June 16 2021 ArcelorMittal SA ADR was traded for  29.76  at the closing time. The highest price during the trading period was 30.66  and the lowest recorded bid was listed for  30.03 . The volume for the day was 4.5 M. This history from June 16, 2021 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 4.09% . The overall trading delta to the current price is 0.84% .

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 historical stock prices may prove useful in developing a viable investing in ArcelorMittal
Last ReportedProjected for 2022
Weighted Average Shares1.1 B1.1 B
Weighted Average Shares Diluted1.1 B1.1 B
Issuance Purchase of Equity Shares-5.2 B-5.3 B

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
June 15, 2021
High

 31.77 

  

 31.03 

-0.74-2.33%

ArcelorMittal December 9, 2022 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 stock's 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 stock 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.
Additionally, see Correlation Analysis. You can also try Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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.
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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 YOY
(0.73) 
Market Capitalization
21.8 B
Quarterly Revenue Growth YOY
(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.