Freeport Stock Alpha and Beta Analysis


USD 29.34  1.17  3.83%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Freeport-Mcmoran. It also helps investors analyze the systematic and unsystematic risks associated with investing in Freeport Mcmoran over a specified time horizon. Remember, high Freeport Mcmoran's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Please check Freeport Mcmoran Backtesting, Freeport Mcmoran Valuation, Freeport Mcmoran Correlation, Freeport Mcmoran Hype Analysis, Freeport Mcmoran Volatility, Freeport Mcmoran History and analyze Freeport Mcmoran Performance.
Please note that although Freeport Mcmoran alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Freeport Mcmoran did 0.29  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Freeport-Mcmoran stock's relative risk over its benchmark. Freeport-Mcmoran has a beta of 1.75  . 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.
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Freeport Mcmoran Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible 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. Alpha and beta are two of the key measurements used to evaluate Freeport Mcmoran's performance over market.
α0.29   β1.75
90 days against DJI

Freeport Mcmoran expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Freeport Mcmoran's Buy-and-hold return. Our buy-and-hold chart shows how Freeport Mcmoran performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Freeport Mcmoran Market Price Analysis

Market price analysis 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 understating and applying Freeport Mcmoran stock market price indicators, traders can identify Freeport Mcmoran position entry and exit signals to maximize returns.

Freeport Mcmoran Return and Market Media

The median price of Freeport Mcmoran for the period between Fri, Jul 8, 2022 and Thu, Oct 6, 2022 is 29.34 with a coefficient of variation of 6.15. The daily time series for the period is distributed with a sample standard deviation of 1.8, arithmetic mean of 29.31, and mean deviation of 1.5. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
EPS Reported07/21/2022
Freeport-McMoRan Is a Great Buy for Value Investors - Nasdaq07/29/2022
3 Top-Quality Copper Value Stocks - GuruFocus.com08/03/2022
Purchase by Sara Lewis of 3000 shares of Freeport Mcmoran08/04/2022
Why copper is this miners closest friend and worst enemy - T...08/12/2022
Dr. Copper Says Sell Freeport-McMoRan Stock - Seeking Alpha08/31/2022
Whats Happening With Freeport-McMoRan Stock - Forbes09/07/2022
Freeport-McMoRan Inc Stock How Does it Score on Fundamental ...09/13/2022
Freeport-McMoRan Stock Searching For The Copper Top - Seekin...09/19/2022
Freeport Mcmoran exotic insider transaction detected10/04/2022

About Freeport Mcmoran Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Freeport or other stocks. Alpha measures the amount that position in Freeport-Mcmoran has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.

Freeport Mcmoran Upcoming Company Events

As portrayed in its financial statements, the presentation of Freeport Mcmoran's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Freeport Mcmoran's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Freeport Mcmoran's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Freeport Mcmoran. Please utilize our Beneish M Score to check the likelihood of Freeport Mcmoran's management manipulating its earnings.
Upcoming Quarterly Report26th of January 2022
Next Financial Report28th of April 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End26th of January 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

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Please check Freeport Mcmoran Backtesting, Freeport Mcmoran Valuation, Freeport Mcmoran Correlation, Freeport Mcmoran Hype Analysis, Freeport Mcmoran Volatility, Freeport Mcmoran History and analyze Freeport Mcmoran Performance. 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 CEO Directory module to screen CEOs from public companies around the world.

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Freeport Mcmoran technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Freeport Mcmoran technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Freeport Mcmoran trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...