Freeport McMoRan (Mexico) Performance
| FCX Stock | MXN 878.43 20.57 2.29% |
Freeport McMoRan has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.52, which means possible diversification benefits within a given portfolio. As returns on the market increase, Freeport McMoRan's returns are expected to increase less than the market. However, during the bear market, the loss of holding Freeport McMoRan is expected to be smaller as well. Freeport McMoRan right now shows a risk of 2.33%. Please confirm Freeport McMoRan coefficient of variation, maximum drawdown, skewness, as well as the relationship between the total risk alpha and downside variance , to decide if Freeport McMoRan will be following its price patterns.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Freeport McMoRan are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of fairly weak basic indicators, Freeport McMoRan may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
| Begin Period Cash Flow | 8.3 B |
Freeport |
Freeport McMoRan Relative Risk vs. Return Landscape
If you would invest 81,976 in Freeport McMoRan on September 3, 2024 and sell it today you would earn a total of 5,867 from holding Freeport McMoRan or generate 7.16% return on investment over 90 days. Freeport McMoRan is generating 0.1398% of daily returns assuming 2.326% volatility of returns over the 90 days investment horizon. Simply put, 20% of all stocks have less volatile historical return distribution than Freeport McMoRan, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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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 = 0.0601
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Estimated Market Risk
| 2.33 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Freeport McMoRan is performing at about 4% 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.
Freeport McMoRan Fundamentals Growth
Freeport Stock prices reflect investors' perceptions of the future prospects and financial health of Freeport McMoRan, and Freeport McMoRan fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Freeport Stock performance.
| Return On Equity | 0.19 | |||
| Return On Asset | 0.0893 | |||
| Profit Margin | 0.15 % | |||
| Operating Margin | 0.31 % | |||
| Current Valuation | 1.14 T | |||
| Shares Outstanding | 1.43 B | |||
| Price To Earning | 30.82 X | |||
| Price To Book | 3.70 X | |||
| Price To Sales | 46.42 X | |||
| Revenue | 22.78 B | |||
| EBITDA | 9.29 B | |||
| Cash And Equivalents | 6.43 B | |||
| Cash Per Share | 4.38 X | |||
| Total Debt | 9.58 B | |||
| Debt To Equity | 0.46 % | |||
| Book Value Per Share | 10.88 X | |||
| Cash Flow From Operations | 5.14 B | |||
| Earnings Per Share | 44.91 X | |||
| Total Asset | 51.09 B | |||
About Freeport McMoRan Performance
Evaluating Freeport McMoRan's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Freeport McMoRan has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Freeport McMoRan has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
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 Mexico and is traded on Mexico Stock Exchange. It employs 24500 people.Things to note about Freeport McMoRan performance evaluation
Checking the ongoing alerts about Freeport McMoRan for important developments is a great way to find new opportunities for your next move. 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.| Over 79.0% of the company shares are owned by institutional investors |
- Analyzing Freeport McMoRan's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Freeport McMoRan's stock is overvalued or undervalued compared to its peers.
- Examining Freeport McMoRan's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Freeport McMoRan's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Freeport McMoRan's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Freeport McMoRan's stock. These opinions can provide insight into Freeport McMoRan's potential for growth and whether the stock is currently undervalued or overvalued.
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.