Use FCX to protect against small markets fluctuations. The stock experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of FCX to be traded at $34.28 in 30 days
FCX Price and Market Media
The median price of FCX for the period between Sun, Nov 10, 2013 and Tue, Dec 10, 2013 is 35.9 with a coefficient of variation of 2.64. The daily time series for the period is distributed with a sample standard deviation of 0.94, arithmetic mean of 35.49, and mean deviation of 0.86. The Stock received substential amount of media coverage during this period.
FreeportMcMoRan Copper Gold Inc [FCX] is traded on New York Stock Exchange in USA. It is located in Phoenix, AZ and employs 34,000 people. The company currently falls under 'Large-Cap' category with total capitalization of 35.57 B. FreeportMcMoRan Copper Gold Inc runs under Basic Materials sector within Copper industry. This company has 1.04 B outstanding shares of which 31.48 M shares are currently shorted by investors with about 2.7 days to cover shorted positions.
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