FREEPORT MCMORAN (Exotistan) Today

FCX
 Stock
  

USD 31.48  0.00  0.00%   

Market Performance
0 of 100
Odds Of Distress
Over 64
FREEPORT MCMORAN is selling for 31.48 as of the 26th of September 2022. This is a No Change since the beginning of the trading day. The stock's open price was 31.48. FREEPORT MCMORAN has more than 64 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for FREEPORT MCMORAN are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of October 2020 and ending today, the 26th of September 2022. Click here to learn more.
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 Exotistan and is traded on Commodity Exchange. The company has 1.43 B outstanding shares. More on FREEPORT MCMORAN

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FREEPORT MCMORAN Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. FREEPORT MCMORAN's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding FREEPORT MCMORAN or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
FREEPORT MCMORAN generated a negative expected return over the last 90 days
FREEPORT MCMORAN has high historical volatility and very poor performance
FREEPORT MCMORAN has high likelihood to experience some financial distress in the next 2 years
Over 80.0% of the company shares are owned by institutional investors
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of FREEPORT MCMORAN's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
FREEPORT MCMORAN (FCX) is traded on Commodity Exchange in Exotistan and employs 24,700 people. The company currently falls under 'Large-Cap' category with current market capitalization of 40.15 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate FREEPORT MCMORAN's market, we take the total number of its shares issued and multiply it by FREEPORT MCMORAN's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. FREEPORT MCMORAN operates under Basic Materials sector and is part of Copper industry. The entity has 1.43 B outstanding shares. FREEPORT MCMORAN has accumulated about 9.49 B in cash with 7.56 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.64.
Check FREEPORT MCMORAN Probability Of Bankruptcy
Ownership
FREEPORT MCMORAN retains a total of 1.43 Billion outstanding shares. The majority of FREEPORT MCMORAN outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in FREEPORT MCMORAN to benefit from reduced commissions. Thus, institutional investors are subject to a different set of regulations than regular investors in FREEPORT MCMORAN. Please pay attention to any change in the institutional holdings of FREEPORT MCMORAN as this could imply that something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

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FREEPORT MCMORAN Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. FREEPORT MCMORAN market risk premium is the additional return an investor will receive from holding FREEPORT MCMORAN long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in FREEPORT MCMORAN. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although FREEPORT MCMORAN's alpha and beta are two of the key measurements used to evaluate FREEPORT MCMORAN's performance over the market, the standard measures of volatility play an important role as well.

FREEPORT Stock Against Markets

Picking the right benchmark for FREEPORT MCMORAN stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in FREEPORT MCMORAN stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for FREEPORT MCMORAN is critical whether you are bullish or bearish towards FREEPORT MCMORAN at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in FREEPORT MCMORAN without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Invested in FREEPORT MCMORAN?

The danger of trading FREEPORT MCMORAN is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of FREEPORT MCMORAN is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than FREEPORT MCMORAN. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile FREEPORT MCMORAN is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please check Investing Opportunities. You can also try Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Other Tools for FREEPORT Stock

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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