Arcelormittal Stock Fundamentals
| MTCNDelisted Stock | USD 61.83 0.06 0.1% |
Arcelormittal fundamentals help investors to digest information that contributes to Arcelormittal's financial success or failures. It also enables traders to predict the movement of Arcelormittal Stock. The fundamental analysis module provides a way to measure Arcelormittal's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Arcelormittal stock.
Arcelormittal |
Arcelormittal Company Net Income Analysis
Arcelormittal's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Arcelormittal Net Income | (2.39 B) |
Most of Arcelormittal's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Arcelormittal is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
CompetitionBased on the recorded statements, Arcelormittal reported net income of (2.39 Billion). This is much lower than that of the Other sector and significantly lower than that of the Steel Works Etc industry. The net income for all United States stocks is notably higher than that of the company.
Arcelormittal Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Arcelormittal's current stock value. Our valuation model uses many indicators to compare Arcelormittal value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Arcelormittal competition to find correlations between indicators driving Arcelormittal's intrinsic value. More Info.Arcelormittal is rated top company in revenue category among its peers. It also is considered to be number one stock in net income category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Arcelormittal's earnings, one of the primary drivers of an investment's value.Arcelormittal Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Arcelormittal's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Arcelormittal could also be used in its relative valuation, which is a method of valuing Arcelormittal by comparing valuation metrics of similar companies.Arcelormittal is currently under evaluation in net income category among its peers.
Arcelormittal Fundamentals
| Revenue | 70.61 B | |||
| Net Income | (2.39 B) | |||
| Total Debt | 11.47 B | |||
| Cash Flow From Operations | 6.03 B | |||
| Number Of Employees | 43 | |||
| Total Asset | 87.91 B | |||
| Retained Earnings | 22.88 B | |||
| Z Score | 1.17 | |||
| Net Asset | 87.91 B |
About Arcelormittal Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Arcelormittal's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Arcelormittal using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Arcelormittal based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Arcelormittal
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Arcelormittal position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Arcelormittal will appreciate offsetting losses from the drop in the long position's value.Moving against Arcelormittal Stock
| 0.74 | VST | Vistra Energy Corp Downward Rally | PairCorr |
| 0.68 | VRT | Vertiv Holdings | PairCorr |
| 0.68 | GTLS | Chart Industries | PairCorr |
| 0.63 | MOG-A | Moog Inc | PairCorr |
| 0.6 | COIN | Coinbase Global | PairCorr |
The ability to find closely correlated positions to Arcelormittal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Arcelormittal when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Arcelormittal - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Arcelormittal to buy it.
The correlation of Arcelormittal is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Arcelormittal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Arcelormittal moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Arcelormittal can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Other Consideration for investing in Arcelormittal Stock
If you are still planning to invest in Arcelormittal check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Arcelormittal's history and understand the potential risks before investing.
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