MT Stock | | | USD 25.08 0.40 1.57% |
ArcelorMittal financial indicator trend analysis is way more than just evaluating ArcelorMittal SA ADR prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ArcelorMittal SA ADR is a good investment. Please check the relationship between ArcelorMittal Ev To Sales and its Dividend Yield accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in ArcelorMittal SA ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Ev To Sales vs Dividend Yield
Ev To Sales vs Dividend Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
ArcelorMittal SA ADR Ev To Sales account and
Dividend Yield. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between ArcelorMittal's Ev To Sales and Dividend Yield is -0.31. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of ArcelorMittal SA ADR, assuming nothing else is changed. The correlation between historical values of ArcelorMittal's Ev To Sales and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Sales of ArcelorMittal SA ADR are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Ev To Sales i.e., ArcelorMittal's Ev To Sales and Dividend Yield go up and down completely randomly.
Correlation Coefficient | -0.31 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.
Dividend Yield
Dividend Yield is ArcelorMittal SA ADR dividend as a percentage of ArcelorMittal stock price. ArcelorMittal SA ADR dividend yield is a measure of ArcelorMittal stock productivity, which can be interpreted as interest rate earned on an ArcelorMittal investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
Most indicators from ArcelorMittal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ArcelorMittal SA ADR current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in ArcelorMittal SA ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
At this time, ArcelorMittal's
Selling General Administrative is comparatively stable compared to the past year.
Enterprise Value is likely to gain to about 28.3
B in 2024, whereas
Tax Provision is likely to drop slightly above 356.4
M in 2024.
ArcelorMittal fundamental ratios Correlations
Click cells to compare fundamentals
ArcelorMittal Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ArcelorMittal fundamental ratios Accounts
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Additional Tools for ArcelorMittal Stock 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.