Arcelormittal Stock Today

Stocks USA . 
Stock . Arcelormittal
MTCN Stock  USD 66.95  0.98  1.49%   

Market Performance

4 of 100

Odds Of Distress

Less than 38

Arcelormittal is selling at 66.95 as of the 29th of March 2023; that is 1.49 percent up since the beginning of the trading day. The stock's open price was 65.97. Arcelormittal has about a 38 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Arcelormittal are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2023 and ending today, the 29th of March 2023. Please note, there could be an existing legal relationship between Arcelormittal (MTCN) and ArcelorMittal SA ADR (MT). Click here to learn more.
CUSIP
L0302D178
Fiscal Year End
December
IPO Date
4th of January 2016
Category
Other
Arcelormittal is entity of United States. It is traded as Stock on NYSE exchange. The company has 0 outstanding shares. More on Arcelormittal
Follow Valuation Odds of Bankruptcy
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Arcelormittal Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Arcelormittal's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Arcelormittal or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Related EntityMT (ArcelorMittal SA ADR)
CEOAlain Grix
Fama & French Classification
Other
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Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Arcelormittal's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
Arcelormittal (MTCN) is traded on New York Stock Exchange in USA and employs 43 people. The company conducts business under Other sector and is part of Steel Works Etc industry. Arcelormittal has 0 outstanding shares. Arcelormittal generates positive cash flow from operations, but has no cash available
Check Arcelormittal Probability Of Bankruptcy

Arcelormittal Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of Arcelormittal jumping above the current price in 90 days from now is about 68.53%. The Arcelormittal probability density function shows the probability of Arcelormittal stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Arcelormittal has a beta of -0.5571. This indicates as returns on benchmark increase, returns on holding Arcelormittal are expected to decrease at a much lower rate. During the bear market, however, Arcelormittal is likely to outperform the market. Additionally, the company has an alpha of 0.1528, implying that it can generate a 0.15 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 66.95HorizonTargetOdds Above 66.95
31.29%90 days
 66.95 
68.53%
Based on a normal probability distribution, the odds of Arcelormittal to move above the current price in 90 days from now is about 68.53 (This Arcelormittal probability density function shows the probability of Arcelormittal Stock to fall within a particular range of prices over 90 days) .

Arcelormittal Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Arcelormittal market risk premium is the additional return an investor will receive from holding Arcelormittal long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Arcelormittal. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Arcelormittal's alpha and beta are two of the key measurements used to evaluate Arcelormittal's performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation1.69
Semi Deviation2.46
Standard Deviation2.32
Variance5.37

Arcelormittal Stock Against Markets

Picking the right benchmark for Arcelormittal stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Arcelormittal stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Arcelormittal is critical whether you are bullish or bearish towards Arcelormittal at a given time.
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Be your own money manager

Our tools can tell you how much better you can do entering a position in Arcelormittal without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Arcelormittal Corporate Directors

Arcelormittal corporate directors refer to members of an Arcelormittal board of directors. The board of directors generally takes responsibility for the Arcelormittal's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Arcelormittal's board members must vote for the resolution. The Arcelormittal board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Lewis KadenLead Independent DirectorProfile
Bruno LafontLead Non-Executive Independent DirectorProfile
Henk SchefferSecretary to the Company and Board of DirectorsProfile
Narayanan VaghulIndependent DirectorProfile

How to buy Arcelormittal Stock?

Before investing in Arcelormittal, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Arcelormittal. To buy Arcelormittal stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Arcelormittal. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Arcelormittal stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Arcelormittal stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Arcelormittal stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Arcelormittal, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Arcelormittal Stock please use our How to Invest in Arcelormittal guide.

Already Invested in Arcelormittal?

The danger of trading Arcelormittal is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Arcelormittal is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Arcelormittal. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Arcelormittal is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis. To learn how to invest in Arcelormittal Stock please use our How to Invest in Arcelormittal guide. Note that the Arcelormittal information on this page should be used as a complementary analysis to other Arcelormittal's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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When running Arcelormittal 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.
The market value of Arcelormittal 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.
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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.
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