Freeport McMoran Stock Forecast - Market Facilitation Index
| FCX Stock | USD 48.24 0.25 0.52% |
Freeport Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Freeport McMoran stock prices and determine the direction of Freeport McMoran Copper Gold's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Freeport McMoran's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Freeport McMoran's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Freeport McMoran's systematic risk associated with finding meaningful patterns of Freeport McMoran fundamentals over time.
Check out Historical Fundamental Analysis of Freeport McMoran to cross-verify your projections. Freeport |
Open Interest Against 2024-04-26 Freeport Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Freeport McMoran's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Freeport McMoran's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Freeport McMoran stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Freeport McMoran's open interest, investors have to compare it to Freeport McMoran's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Freeport McMoran is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Freeport. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Freeport McMoran cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Freeport McMoran's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Freeport McMoran's price structures and extracts relationships that further increase the generated results' accuracy.
Market Facilitation Index is simply a difference between period high and low prices divided by period trading volume.| Check Freeport McMoran Volatility | Backtest Freeport McMoran | Information Ratio |
Freeport McMoran Trading Date Momentum
| On April 24 2024 Freeport McMoran Copper Gold was traded for 48.24 at the closing time. Highest Freeport McMoran's price during the trading hours was 48.69 and the lowest price during the day was 47.10 . There was no trading activity during the period 0.0. Lack of trading volume on the 24th of April did not affect price variability. The overall trading delta to current price is 0.52% . |
Market Facilitation Index was developed by Dr. Bill Williams. This indicator can help to determine either strong or week signal that can follow the current trend line by looking at how Market Facilitation index correlates with trading volume over time.
| Compare Freeport McMoran to competition |
Other Forecasting Options for Freeport McMoran
For every potential investor in Freeport, whether a beginner or expert, Freeport McMoran's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Freeport Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Freeport. Basic forecasting techniques help filter out the noise by identifying Freeport McMoran's price trends.Freeport McMoran Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Freeport McMoran stock to make a market-neutral strategy. Peer analysis of Freeport McMoran could also be used in its relative valuation, which is a method of valuing Freeport McMoran by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Freeport McMoran Copper Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Freeport McMoran's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Freeport McMoran's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Freeport McMoran Market Strength Events
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.
Freeport McMoran Risk Indicators
The analysis of Freeport McMoran's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Freeport McMoran's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting freeport stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.64 | |||
| Semi Deviation | 1.62 | |||
| Standard Deviation | 2.12 | |||
| Variance | 4.47 | |||
| Downside Variance | 3.41 | |||
| Semi Variance | 2.63 | |||
| Expected Short fall | (1.85) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Freeport McMoran to cross-verify your projections. 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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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.
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Stocks Directory Find actively traded stocks across global markets | |
| AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges |
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.