ARCELORMITTAL Bond Technical Analysis
03938LAS3 | 98.00 0.00 0.00% |
As of the 21st of September, ARCELORMITTAL owns the variance of 1.58, and Market Risk Adjusted Performance of 0.1742. In respect to fundamental indicators, the technical analysis model gives you tools to check possible technical drivers of ARCELORMITTAL LUXEMB, as well as the relationship between them. Strictly speaking, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to analyze thirteen technical drivers for ARCELORMITTAL, which can be compared to its peers in the sector. Please confirm ARCELORMITTAL LUXEMB standard deviation, information ratio, maximum drawdown, as well as the relationship between the variance and treynor ratio to decide if ARCELORMITTAL LUXEMBOURG 675 is priced correctly, providing market reflects its prevailing price of 98.0 per share.
ARCELORMITTAL Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ARCELORMITTAL, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ARCELORMITTALARCELORMITTAL |
ARCELORMITTAL technical bond 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, bond market cycles, or different charting patterns.
ARCELORMITTAL LUXEMB Trend Analysis
Use this graph to draw trend lines for ARCELORMITTAL LUXEMBOURG 675. You can use it to identify possible trend reversals for ARCELORMITTAL as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual ARCELORMITTAL price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ARCELORMITTAL Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ARCELORMITTAL LUXEMBOURG 675 applied against its price change over selected period. The best fit line has a slop of 0.07 , which may suggest that ARCELORMITTAL LUXEMBOURG 675 market price will keep on failing further. It has 122 observation points and a regression sum of squares at 173.56, which is the sum of squared deviations for the predicted ARCELORMITTAL price change compared to its average price change.About ARCELORMITTAL Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of ARCELORMITTAL LUXEMBOURG 675 on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of ARCELORMITTAL LUXEMBOURG 675 based on its technical analysis. In general, a bottom-up approach, as applied to this bond, focuses on ARCELORMITTAL LUXEMB price pattern first instead of the macroeconomic environment surrounding ARCELORMITTAL LUXEMB. By analyzing ARCELORMITTAL's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of ARCELORMITTAL's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to ARCELORMITTAL specific price patterns or momentum indicators. Please read more on our technical analysis page.
ARCELORMITTAL September 21, 2023 Technical Indicators
Most technical analysis of ARCELORMITTAL help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for ARCELORMITTAL from various momentum indicators to cycle indicators. When you analyze ARCELORMITTAL charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | (0.002629) | |||
Market Risk Adjusted Performance | 0.1742 | |||
Mean Deviation | 0.9221 | |||
Coefficient Of Variation | (7,267) | |||
Standard Deviation | 1.26 | |||
Variance | 1.58 | |||
Information Ratio | (0.019993) | |||
Jensen Alpha | (0.027679) | |||
Total Risk Alpha | (0.022653) | |||
Treynor Ratio | 0.1642 | |||
Maximum Drawdown | 6.46 | |||
Value At Risk | (2.43) | |||
Potential Upside | 1.81 | |||
Skewness | (0.31) | |||
Kurtosis | 1.11 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ARCELORMITTAL LUXEMBOURG 675. Also, note that the market value of any Bond could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the ARCELORMITTAL LUXEMB 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 the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for ARCELORMITTAL Bond 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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