Freeport Mcmoran Copper Gold Stock Alpha and Beta Analysis
| FCX Stock | USD 43.76 0.06 0.14% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Freeport McMoran Copper Gold. 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. Key technical indicators related to Freeport McMoran's market risk premium analysis include:
Beta 1.06 | Alpha (0.09) | Risk 2.36 | Sharpe Ratio (0.01) | Expected Return (0.02) |
Freeport McMoran Quarterly Cash And Equivalents |
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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 |
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.| α | -0.09 | β | 1.06 |
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 Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 45.59 with a coefficient of variation of 6.62. The daily time series for the period is distributed with a sample standard deviation of 3.03, arithmetic mean of 45.76, and mean deviation of 2.59. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 15294 shares by Richard Adkerson of Freeport McMoran at 42.98 subject to Rule 16b-3 | 10/18/2024 |
2 | Freeport-McMoRan Q3 2024 Earnings Call Transcript | 10/22/2024 |
3 | Freeport Probed by SEC Over Quake Risk at Indonesia Copper Plant | 10/31/2024 |
| Freeport McMoran dividend paid on 1st of November 2024 | 11/01/2024 |
4 | Freeport-McMoRan Inc. Makes It On UBS List Of Stocks For The AI, Growth Low Rates Era | 11/07/2024 |
5 | Video Indonesian President s Phone Call With Trump Goes Viral | 11/12/2024 |
6 | Capital Research Global Investors Bolsters Stake in Freeport-McMoRan Inc | 11/13/2024 |
7 | Freeport-McMoRan Inc. Is a Trending Stock Facts to Know Before Betting on It | 11/14/2024 |
8 | Long Island Runners Raise 45K For Veterans At NYC Marathon | 11/15/2024 |
9 | Spotlight on Freeport-McMoRan Analyzing the Surge in Options Activity | 11/18/2024 |
10 | Gold Price To Re-Test 2,700 | 11/20/2024 |
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 Copper 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.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.005411 | 0.0158 | 0.0141 | 0.0134 | Price To Sales Ratio | 2.68 | 2.4 | 2.67 | 4.21 |
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.
| 19th of April 2024 Upcoming Quarterly Report | View | |
| 18th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 22nd of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
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Additional 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.