Freeport Mcmoran Copper Gold Stock Performance
| FCX Stock | USD 50.45 1.67 3.42% |
On a scale of 0 to 100, Freeport McMoran holds a performance score of 15. The firm shows a Beta (market volatility) of 1.41, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Freeport McMoran will likely underperform. Please check Freeport McMoran's value at risk, and the relationship between the jensen alpha and skewness , to make a quick decision on whether Freeport McMoran's price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Freeport McMoran Copper Gold are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. In spite of fairly unfluctuating fundamental indicators, Freeport McMoran showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 3.42 | Five Day Return 1.02 | Year To Date Return 19.86 | Ten Year Return 48.08 | All Time Return 311.84 |
Forward Dividend Yield 0.012 | Payout Ratio 0.4501 | Last Split Factor 2:1 | Forward Dividend Rate 0.6 | Dividend Date 2024-05-01 |
1 | Exercise or conversion by Whitmire C Donald Jr of 10000 shares of Freeport McMoran subject to Rule 16b-3 | 02/26/2024 |
2 | Weekend Overview and Analysis 033124 Video | 04/11/2024 |
| Freeport McMoran dividend paid on 15th of April 2024 | 04/15/2024 |
3 | Freeport-McMoRan Inc. Is a Trending Stock Facts to Know Before Betting on It | 04/18/2024 |
4 | Freeport-McMoRan Non-GAAP EPS of 0.32 beats by 0.04, revenue of 6.32B beats by 620M | 04/23/2024 |
5 | Prismo aims to be Hot out of the gate | 04/25/2024 |
6 | Results Freeport-McMoRan Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts | 04/26/2024 |
7 | 15-Year-Old Reported Missing In Freeport Police | 04/29/2024 |
8 | Disposition of 169229 shares by Richard Adkerson of Freeport McMoran at 50.5647 subject to Rule 16b-3 | 04/30/2024 |
| Freeport McMoran dividend paid on 1st of May 2024 | 05/01/2024 |
| Begin Period Cash Flow | 7.8 B |
Freeport |
Freeport McMoran Relative Risk vs. Return Landscape
If you would invest 3,857 in Freeport McMoran Copper Gold on February 4, 2024 and sell it today you would earn a total of 1,188 from holding Freeport McMoran Copper Gold or generate 30.8% return on investment over 90 days. Freeport McMoran Copper Gold is generating 0.4508% of daily returns assuming volatility of 2.2046% on return distribution over 90 days investment horizon. In other words, 19% of stocks are less volatile than Freeport, and above 92% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Freeport McMoran Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Freeport McMoran's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Freeport McMoran Copper Gold, and traders can use it to determine the average amount a Freeport McMoran's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2045
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Estimated Market Risk
| 2.2 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.45 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Freeport McMoran is performing at about 15% 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.
Freeport McMoran Fundamentals Growth
Freeport Stock prices reflect investors' perceptions of the future prospects and financial health of Freeport McMoran, and Freeport McMoran fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Freeport Stock performance.
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.0739 | ||||
| Profit Margin | 0.07 % | ||||
| Operating Margin | 0.26 % | ||||
| Current Valuation | 87.42 B | ||||
| Shares Outstanding | 1.44 B | ||||
| Price To Earning | 14.07 X | ||||
| Price To Book | 4.25 X | ||||
| Price To Sales | 3.10 X | ||||
| Revenue | 22.71 B | ||||
| Gross Profit | 9.71 B | ||||
| EBITDA | 8.15 B | ||||
| Net Income | 1.84 B | ||||
| Cash And Equivalents | 8.15 B | ||||
| Cash Per Share | 6.00 X | ||||
| Total Debt | 9.85 B | ||||
| Debt To Equity | 0.44 % | ||||
| Current Ratio | 2.56 X | ||||
| Book Value Per Share | 11.75 X | ||||
| Cash Flow From Operations | 5.28 B | ||||
| Earnings Per Share | 1.14 X | ||||
| Market Capitalization | 70.24 B | ||||
| Total Asset | 52.51 B | ||||
| Retained Earnings | (2.06 B) | ||||
| Working Capital | 8.25 B | ||||
| Current Asset | 637.98 M | ||||
| Current Liabilities | 537.87 M | ||||
About Freeport McMoran Performance
To evaluate Freeport McMoran Copper Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Freeport McMoran generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Freeport Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Freeport McMoran Copper market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Freeport's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 139.76 | 142.67 | |
| Return On Tangible Assets | 0.04 | 0.06 | |
| Return On Capital Employed | 0.13 | 0.20 | |
| Return On Assets | 0.04 | 0.06 | |
| Return On Equity | 0.11 | 0.18 |
Things to note about Freeport McMoran Copper performance evaluation
Checking the ongoing alerts about Freeport McMoran for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Freeport McMoran Copper help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Freeport McMoran is unlikely to experience financial distress in the next 2 years | |
| Freeport McMoran has a strong financial position based on the latest SEC filings | |
| Over 82.0% of the company shares are owned by institutional investors | |
| On 1st of May 2024 Freeport McMoran paid $ 0.15 per share dividend to its current shareholders | |
| Latest headline from investing.com: Freeport-McMoRan CEO sells over 8.5 million in stock |
- Analyzing Freeport McMoran's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Freeport McMoran's stock is overvalued or undervalued compared to its peers.
- Examining Freeport McMoran's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Freeport McMoran's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Freeport McMoran's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Freeport McMoran's stock. These opinions can provide insight into Freeport McMoran's potential for growth and whether the stock is currently undervalued or overvalued.
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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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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| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |
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 (0.30) | Dividend Share 0.6 | Earnings Share 1.14 | Revenue Per Share 16.585 | Quarterly Revenue Growth 0.173 |
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.