Freeport Stock Performance

FCX
 Stock
  

USD 30.50  1.12  3.54%   

The firm shows a Beta (market volatility) of 1.776, which means a somewhat significant risk relative to the market. Let's try to break down what Freeport's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Freeport Mcmoran will likely underperform. Even though it is essential to pay attention to Freeport-Mcmoran historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards predicting any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Freeport-Mcmoran exposes twenty-seven different technical indicators, which can help you to evaluate its performance. Freeport-Mcmoran has an expected return of -0.17%. Please be advised to confirm Freeport-Mcmoran value at risk, and the relationship between the jensen alpha and skewness to decide if Freeport-Mcmoran performance from the past will be repeated at some point in the near future.
  
Freeport Performance
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Over the last 90 days Freeport-Mcmoran has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest weak performance, the Stock's fundamental indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the company investors. ...more

Structure and Payout Changes

Forward Annual Dividend Yield
0.019
Payout Ratio
0.15
Last Split Factor
2:1
Forward Annual Dividend Rate
0.6
Dividend Date
2022-08-01
Ex Dividend Date
2022-07-14
Last Split Date
2011-02-02

Freeport Price Channel

Quick Ratio1.84
Fifty Two Week Low24.80
Target High Price55.00
Fifty Two Week High51.99
Payout Ratio13.64%
Trailing Annual Dividend Yield0.71%
Target Low Price24.00

Freeport Mcmoran Relative Risk vs. Return Landscape

If you would invest  3,514  in Freeport-Mcmoran on May 18, 2022 and sell it today you would lose (464.00)  from holding Freeport-Mcmoran or give up 13.2% of portfolio value over 90 days. Freeport-Mcmoran is generating negative expected returns assuming volatility of 3.5559% on return distribution over 90 days investment horizon. In other words, 30% of stocks are less volatile than Freeport, and above 99% of all equities are expected to generate higher returns over the next 90 days.
  Daily Expected Return (%)  
       Risk (%)  
Considering the 90-day investment horizon Freeport Mcmoran is expected to under-perform the market. In addition to that, the company is 3.01 times more volatile than its market benchmark. It trades about -0.05 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.11 per unit of volatility.

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, 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 = -0.0477

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Negative ReturnsFCX
Estimated Market Risk
 3.56
  actual daily
 
 30 %
of total potential
 
3030
Expected Return
 -0.17
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 -0.05
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 0 %
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Based on monthly moving average Freeport Mcmoran is performing at about 0% 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.

About Freeport Mcmoran Performance

To evaluate Freeport-Mcmoran 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 stock market performance in a much more refined way. At Macroaxis, we take it even further. 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 ReportedProjected for 2022
Return on Investment 38.26  41.28 
Return on Average Assets 0.09  0.10 
Return on Average Equity 0.34  0.37 
Return on Invested Capital 0.17  0.18 
Return on Sales 0.32  0.34 
Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. Freeport-McMoRan Inc. was incorporated in 1987 and is headquartered in Phoenix, Arizona. Freeport Mcmoran operates under Copper classification in the United States and is traded on New York Stock Exchange. It employs 24700 people.

Things to note about Freeport-Mcmoran

Checking the ongoing alerts about Freeport Mcmoran for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Freeport-Mcmoran help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Freeport Mcmoran Alerts

Equity Alerts and Improvement Suggestions

Freeport-Mcmoran generated a negative expected return over the last 90 days
Freeport-Mcmoran has high historical volatility and very poor performance
Freeport-Mcmoran was previously known as FREEPORT-MCMORAN INC and was traded on New York Stock Exchange under the symbol FCX-A.
Over 80.0% of the company shares are owned by institutional investors
On 1st of August 2022 Freeport Mcmoran paid $ 0.15 per share dividend to its current shareholders
Latest headline from www.fool.com: Why copper is this miners closest friend and worst enemy - The Motley Fool
Please check Investing Opportunities. 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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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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.
Quarterly Earnings Growth YOY
-0.22
Market Capitalization
43.6 B
Quarterly Revenue Growth YOY
-0.058
Return On Assets
0.12
Return On Equity
0.27
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.