ArcelorMittal Stock Alpha and Beta Analysis

MT Stock  USD 31.92  0.47  1.49%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as ArcelorMittal SA ADR. It also helps investors analyze the systematic and unsystematic risks associated with investing in ArcelorMittal over a specified time horizon. Remember, high ArcelorMittal's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Additionally, see ArcelorMittal Backtesting, ArcelorMittal Valuation, ArcelorMittal Correlation, ArcelorMittal Hype Analysis, ArcelorMittal Volatility, ArcelorMittal History and analyze ArcelorMittal Performance.
  
Please note that although ArcelorMittal alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., NYSE Composite index.) So in this particular case, ArcelorMittal did 0.25  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of ArcelorMittal SA ADR stock's relative risk over its benchmark. ArcelorMittal SA ADR has a beta of 1.41  . Let's try to break down what ArcelorMittal's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, ArcelorMittal will likely underperform.
ArcelorMittal Book Value per Share is comparatively stable at the moment as compared to the past year. ArcelorMittal reported Book Value per Share of 40.89 in 2022. Enterprise Value over EBITDA is likely to gain to 2.74 in 2023, whereas Enterprise Value is likely to drop slightly above 35.2 B in 2023.
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Enterprise Value

35.2 Billion

ArcelorMittal Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible 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. Alpha and beta are two of the key measurements used to evaluate ArcelorMittal's performance over market.
α0.25   β1.41
90 days against NYA

ArcelorMittal expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of ArcelorMittal's Buy-and-hold return. Our buy-and-hold chart shows how ArcelorMittal performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

ArcelorMittal Market Price Analysis

Market price analysis 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 understating and applying ArcelorMittal stock market price indicators, traders can identify ArcelorMittal position entry and exit signals to maximize returns.

ArcelorMittal Return and Market Media

The median price of ArcelorMittal for the period between Sat, Oct 29, 2022 and Fri, Jan 27, 2023 is 26.59 with a coefficient of variation of 9.75. The daily time series for the period is distributed with a sample standard deviation of 2.6, arithmetic mean of 26.63, and mean deviation of 1.87. The Stock received a lot of media exposure during the period.
 Price Growth (%)  
       Timeline  
1
EPS Reported11/09/2022
2
MT Hjgaard Holding AS MT Hjgaard Danmark skal udfre produkti...12/02/2022
3
Metal Structural Insulation Panels Global Market Report 2022...12/09/2022
4
Scrap metal recycling market Growth opportunities led by Adv...12/16/2022
5
10 Sales Mistakes To Avoid While Scaling Your Business12/23/2022
6
ArcelorMittal S.A. Q3 2022 Earnings Call Transcript12/29/2022
7
A Bullish Sign Appears On ArcelorMittals Chart01/09/2023
8
Norwegian startup Hystar cashes in 24 million for its large-...01/11/2023
9
MT Hjgaard Holding AS MT Hjgaard Holding indgr forpligtende ...01/18/2023
10
ArcelorMittal-Nippon venture wins approval for 4.7 bln India...01/19/2023
11
Public companies invested in ArcelorMittal South Africa Ltd ...01/25/2023
12
Viking Analytics raises Series A of more than 3mn for global...01/26/2023

About ArcelorMittal Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including ArcelorMittal or other stocks. Alpha measures the amount that position in ArcelorMittal SA ADR has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2020 2021 2022 2023 (projected)
Book Value per Share37.8245.4440.8944.37
Asset Turnover0.630.891.020.98

ArcelorMittal Upcoming Company Events

As portrayed in its financial statements, the presentation of ArcelorMittal's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, ArcelorMittal's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of ArcelorMittal's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of ArcelorMittal. Please utilize our Beneish M Score to check the likelihood of ArcelorMittal's management manipulating its earnings.
Upcoming Quarterly Report10th of February 2022
Next Financial Report5th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End10th of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Build Portfolio with ArcelorMittal

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

Build Diversified 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 ArcelorMittal Backtesting, ArcelorMittal Valuation, ArcelorMittal Correlation, ArcelorMittal Hype Analysis, ArcelorMittal Volatility, ArcelorMittal History and analyze ArcelorMittal Performance. You can also try Global Correlations module to find global opportunities by holding instruments from different markets.

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.
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
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...