Arcelormittal Sa Stock Price on November 11, 2024
| AMSYF Stock | USD 25.06 0.00 0.00% |
If you're considering investing in ArcelorMittal Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of ArcelorMittal stands at 25.06, as last reported on the 4th of December, with the highest price reaching 25.06 and the lowest price hitting 25.06 during the day. ArcelorMittal appears to be very steady, given 3 months investment horizon. ArcelorMittal SA secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16% return per unit of standard deviation over the last 3 months. We have found eighteen technical indicators for ArcelorMittal SA, which you can use to evaluate the volatility of the firm. Please makes use of ArcelorMittal's risk adjusted performance of 0.1203, and Mean Deviation of 0.5533 to double-check if our risk estimates are consistent with your expectations.
ArcelorMittal Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
ArcelorMittal |
Sharpe Ratio = 0.1608
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Estimated Market Risk
| 1.73 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average ArcelorMittal is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ArcelorMittal by adding it to a well-diversified portfolio.
ArcelorMittal Valuation on November 11, 2024
It is possible to determine the worth of ArcelorMittal on a given historical date. On November 11, 2024 ArcelorMittal was worth 25.1 at the beginning of the trading date compared to the closed value of 25.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ArcelorMittal pink sheet. 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 ArcelorMittal 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 | |
| 25.35 | 25.35 | 25.35 | 25.35 | 708.00 | |
11/11/2024 | 25.10 | 25.10 | 25.10 | 25.10 | 51.00 |
| 25.60 | 25.60 | 25.60 | 25.60 | 1.00 |
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ArcelorMittal Trading Date Momentum on November 11, 2024
| On November 20 2024 ArcelorMittal SA was traded for 25.60 at the closing time. The highest daily price throughout the period was 25.60 and the lowest price was 25.60 . There was no trading activity during the period 1.0. Lack of trading volume on 11/20/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 1.99% . The overall trading delta to current closing price is 1.99% . |
ArcelorMittal SA 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 Pink Sheet 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 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 stock prices may prove useful in developing a viable investing in ArcelorMittal
ArcelorMittal S.A., together with its subsidiaries, operates as integrated steel and mining companies in Europe, North and South America, Asia, and Africa. ArcelorMittal S.A. was founded in 1976 and is headquartered in Luxembourg City, Luxembourg. Arcelormittal operates under Steel classification in the United States and is traded on OTC Exchange. It employs 158000 people.
ArcelorMittal Pink Sheet Technical Analysis
ArcelorMittal technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
ArcelorMittal Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
ArcelorMittal SA cannot be verified against its exchange. Please verify the symbol is currently traded on PINK Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
ArcelorMittal December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how ArcelorMittal pink sheet 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 pink sheet market strength indicators, traders can identify ArcelorMittal SA entry and exit signals to maximize returns
ArcelorMittal Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ArcelorMittal's price direction in advance. Along with the technical and fundamental analysis of ArcelorMittal Pink Sheet 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 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.
| Risk Adjusted Performance | 0.1203 | |||
| Jensen Alpha | 0.2417 | |||
| Total Risk Alpha | 0.0147 | |||
| Treynor Ratio | (3.39) |
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| Volume Indicators |
Complementary Tools for ArcelorMittal Pink Sheet 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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