Freeport Mcmoran Copper Gold Stock Price on December 10, 2021
| FCX Stock | USD 50.52 0.70 1.41% |
Below is the normalized historical share price chart for Freeport McMoran Copper Gold extending back to July 10, 1995. 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 McMoran stands at 50.52, as last reported on the 18th of April 2024, with the highest price reaching 51.14 and the lowest price hitting 49.46 during the day.
If you're considering investing in Freeport Stock, it is important to understand the factors that can impact its price. Freeport McMoran appears to be very steady, given 3 months investment horizon. Freeport McMoran Copper secures Sharpe Ratio (or Efficiency) of 0.21, which denotes the company had a 0.21% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Freeport McMoran Copper Gold, which you can use to evaluate the volatility of the firm. Please utilize Freeport McMoran's Coefficient Of Variation of 674.77, mean deviation of 1.69, and Downside Deviation of 2.04 to check if our risk estimates are consistent with your expectations.
At this time, Freeport McMoran's Total Stockholder Equity is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to rise to about 55.1 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 814.2 M in 2024. . At this time, Freeport McMoran's Price To Sales Ratio is fairly stable compared to the past year. Price To Operating Cash Flows Ratio is likely to rise to 12.34 in 2024, whereas Price Earnings Ratio is likely to drop 23.43 in 2024. Freeport Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 10th of July 1995 | 200 Day MA 39.817 | 50 Day MA 42.7292 | Beta 2.061 |
Freeport |
Sharpe Ratio = 0.2103
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Estimated Market Risk
| 2.13 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.45 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Freeport McMoran is performing at about 16% 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 McMoran by adding it to a well-diversified portfolio.
Price Book 4.2509 | Enterprise Value Ebitda 8.855 | Price Sales 3.1048 | Shares Float 1.4 B | Dividend Share 0.6 |
Freeport McMoran Valuation on December 10, 2021
It is possible to determine the worth of Freeport McMoran on a given historical date. On December 10, 2021 Freeport was worth 51.78 at the beginning of the trading date compared to the closed value of 49.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Freeport McMoran stock. Still, in general, we apply an absolute valuation method to find Freeport McMoran'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 Freeport McMoran where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Freeport McMoran's related companies.
| Open | High | Low | Close | Volume | |
04/04/2022 | 51.78 | 51.78 | 49.15 | 49.15 | 12,300,250 |
| 50.99 | 51.56 | 47.40 | 47.40 | 13,805,870 |
| Backtest Freeport McMoran | | | Freeport McMoran History | | | Freeport McMoran Valuation | Next |
Freeport McMoran Trading Date Momentum on December 10, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Freeport McMoran Copper Fundamentals Correlations and Trends
By evaluating Freeport McMoran'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 Freeport McMoran's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Freeport financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Freeport McMoran Stock history
Freeport McMoran 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 McMoran Copper 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 McMoran stock prices may prove useful in developing a viable investing in Freeport McMoran
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.4 B | 814.2 M | |
| Net Income Applicable To Common Shares | 4 B | 4.2 B |
Freeport McMoran Quarterly Net Working Capital |
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Freeport McMoran Stock Technical Analysis
Freeport McMoran 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 McMoran Period Price Range
Low | April 4, 2022
| High |
51.78 | 49.15 |
Freeport McMoran April 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Freeport McMoran 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 McMoran shares will generate the highest return on investment. By undertsting and applying Freeport McMoran stock market strength indicators, traders can identify Freeport McMoran Copper Gold entry and exit signals to maximize returns
| Accumulation Distribution | 624752.0 | |||
| Daily Balance Of Power | (1.00) | |||
| Rate Of Daily Change | 0.95 | |||
| Day Median Price | 50.47 | |||
| Day Typical Price | 50.03 | |||
| Price Action Indicator | (2.63) | |||
| Period Momentum Indicator | 1.37 |
Freeport McMoran Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Freeport McMoran's 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 | 0.1006 | |||
| Jensen Alpha | 0.2428 | |||
| Total Risk Alpha | 0.1573 | |||
| Sortino Ratio | 0.1327 | |||
| Treynor Ratio | 0.1964 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Freeport McMoran Copper Gold. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Freeport McMoran Copper information on this page should be used as a complementary analysis to other Freeport McMoran's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for Freeport Stock analysis
When running Freeport McMoran's price analysis, check to measure Freeport McMoran'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 Freeport McMoran is operating at the current time. Most of Freeport McMoran's value examination focuses on studying past and present price action to predict the probability of Freeport McMoran's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Freeport McMoran's price. Additionally, you may evaluate how the addition of Freeport McMoran to your portfolios can decrease your overall portfolio volatility.
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Is Freeport McMoran's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Freeport McMoran. If investors know Freeport will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Freeport McMoran listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.45) | Dividend Share 0.6 | Earnings Share 1.28 | Revenue Per Share 15.938 | Quarterly Revenue Growth 0.026 |
The market value of Freeport McMoran Copper is measured differently than its book value, which is the value of Freeport that is recorded on the company's balance sheet. Investors also form their own opinion of Freeport McMoran's value that differs from its market value or its book value, called intrinsic value, which is Freeport McMoran's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Freeport McMoran's market value can be influenced by many factors that don't directly affect Freeport McMoran's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Freeport McMoran's value and its price as these two are different measures arrived at by different means. Investors typically determine if Freeport McMoran is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freeport McMoran's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.