Freeport Return on Average Equity Trend from 2010 to 2022

FCX
 Stock
  

USD 30.45  0.78  2.50%   

Freeport Mcmoran Return on Average Equity yearly trend continues to be fairly stable with very little volatility. Return on Average Equity is likely to outpace its year average in 2022. During the period from 2010 to 2022, Freeport Mcmoran Return on Average Equity regression line of anual values had r-squared of 0.005376 and arithmetic mean of  0.018615. Freeport Mcmoran Research and Development Expense is fairly stable at the moment as compared to the past year. Freeport Mcmoran reported Research and Development Expense of 55 Million in 2021. Selling General and Administrative Expense is likely to rise to about 403.8 M in 2022, whereas Direct Expenses is likely to drop slightly above 13.6 B in 2022.
  
Check Freeport Mcmoran financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Freeport main balance sheet or income statement drivers, such as Direct Expenses of 13.6 B, Consolidated Income of 5.8 B or Cost of Revenue of 13.7 B, as well as many exotic indicators such as Interest Coverage of 14.83, Long Term Debt to Equity of 0.79 or Calculated Tax Rate of 36.04. Freeport financial statements analysis is a perfect complement when working with Freeport Mcmoran Valuation or Volatility modules. It can also supplement Freeport Mcmoran's financial leverage analysis and stock options assessment as well as various Freeport Mcmoran Technical models . Please check the analysis of Freeport Mcmoran Correlation against competitors.

Freeport Return on Average Equity Breakdown

Showing smoothed Return on Average Equity of Freeport-Mcmoran with missing and latest data points interpolated. Return on equity measures a corporation's profitability by calculating the amount of Net Income Common Stock returned as a percentage of [EquityAvg].Freeport Mcmoran's Return on Average Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Freeport Mcmoran's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 26.78 %10 Years Trend
Increasing
Very volatile
   Return on Average Equity   
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       Timeline  

Freeport Return on Average Equity Regression Statistics

Arithmetic Mean 0.018615
Geometric Mean 0.21
Coefficient Of Variation 2,439
Mean Deviation 0.32
Median 0.18
Standard Deviation 0.45
Sample Variance 0.21
Range 1.38
R-Value 0.07
Mean Square Error 0.22
R-Squared 0.005376
Significance 0.81
Slope 0.008549
Total Sum of Squares 2.47

Freeport Return on Average Equity History

2012 0.18
2013 0.13
2014 -0.064
2015 -1.01
2016 -0.9
2017 0.26
2018 0.28
2019 -0.025
2020 0.064
2021 0.34
2022 0.37

About Freeport Mcmoran Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Freeport Mcmoran income statement, its balance sheet, and the statement of cash flows. Freeport Mcmoran investors use historical funamental indicators, such as Freeport Mcmoran's Return on Average Equity, to determine how well the company is positioned to perform in the future. Although Freeport Mcmoran investors may use each financial statement separately, they are all related. The changes in Freeport Mcmoran's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Freeport Mcmoran's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Freeport Mcmoran Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Freeport Mcmoran. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Return on Average Equity 0.34  0.37 
Average Assets46 B42.7 B
Average Equity12.6 B11.8 B
Invested Capital Average43.6 B43.5 B

Freeport Mcmoran Implied Volatility

    
  74.33  
Freeport Mcmoran's implied volatility exposes the market's sentiment of Freeport-Mcmoran stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Freeport Mcmoran's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Freeport Mcmoran stock will not fluctuate a lot when Freeport Mcmoran's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Freeport Mcmoran in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Freeport Mcmoran's short interest history, or implied volatility extrapolated from Freeport Mcmoran options trading.

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Please check the analysis of Freeport Mcmoran Correlation against competitors. Note that the Freeport-Mcmoran 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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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When running Freeport-Mcmoran 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 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.
The market value of Freeport-Mcmoran 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 Freeport Mcmoran value 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.