Freeport Resources Stock Price on March 14, 2017
FRI Stock | CAD 0.06 0.01 14.29% |
Below is the normalized historical share price chart for Freeport Resources extending back to August 08, 1996. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Freeport Resources stands at 0.06, as last reported on the 19th of April, with the highest price reaching 0.07 and the lowest price hitting 0.06 during the day.
If you're considering investing in Freeport Stock, it is important to understand the factors that can impact its price. Freeport Resources is out of control given 3 months investment horizon. Freeport Resources secures Sharpe Ratio (or Efficiency) of 0.16, which denotes the company had a 0.16% return per unit of risk over the last 3 months. We were able to interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.89% are justified by taking the suggested risk. Use Freeport Resources Coefficient Of Variation of 797.97, downside deviation of 24.39, and Mean Deviation of 7.92 to evaluate company specific risk that cannot be diversified away.
At this time, Freeport Resources' Common Stock Shares Outstanding is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to climb to about 1.2 M in 2024, whereas Capital Stock is likely to drop slightly above 15.4 M in 2024. . At this time, Freeport Resources' Price Book Value Ratio is fairly stable compared to the past year. Price To Book Ratio is likely to climb to 9.89 in 2024, whereas Price Earnings To Growth Ratio is likely to drop 0.04 in 2024. Freeport Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.0331 | 50 Day MA 0.0442 | Beta 2.589 |
Freeport |
Sharpe Ratio = 0.162
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Estimated Market Risk
17.84 actual daily | 96 96% of assets are less volatile |
Expected Return
2.89 actual daily | 57 57% of assets have lower returns |
Risk-Adjusted Return
0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Freeport Resources 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 Freeport Resources by adding it to a well-diversified portfolio.
Price Book 9.8876 | Book Value 0.007 | Enterprise Value 9.1 M | Enterprise Value Ebitda (4.21) | Shares Float 156.2 M |
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Freeport Resources Stock history
Freeport Resources 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 Freeport is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Freeport Resources 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 Freeport Resources stock prices may prove useful in developing a viable investing in Freeport Resources
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 111.8 M | 117.4 M | |
Net Loss | -5.8 M | -5.5 M |
Freeport Resources Stock Technical Analysis
Freeport Resources 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.
Price Boundaries
Freeport Resources Period Price Range
Freeport Resources April 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Freeport Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Freeport Resources shares will generate the highest return on investment. By undertsting and applying Freeport Resources stock market strength indicators, traders can identify Freeport Resources entry and exit signals to maximize returns
Freeport Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Freeport Resources' price direction in advance. Along with the technical and fundamental analysis of Freeport Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Freeport 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 | 0.0871 | |||
Jensen Alpha | 2.2 | |||
Total Risk Alpha | 0.539 | |||
Sortino Ratio | 0.0896 | |||
Treynor Ratio | 2.83 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Freeport Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Complementary Tools for Freeport Stock analysis
When running Freeport Resources' price analysis, check to measure Freeport Resources' 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 Freeport Resources is operating at the current time. Most of Freeport Resources' value examination focuses on studying past and present price action to predict the probability of Freeport Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Freeport Resources' price. Additionally, you may evaluate how the addition of Freeport Resources to your portfolios can decrease your overall portfolio volatility.
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