0R2O Stock | | | 38.98 1.05 2.77% |
Freeport McMoRan financial indicator trend analysis is much more than just examining Freeport McMoRan latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Freeport McMoRan is a good investment. Please check the relationship between Freeport McMoRan Short Long Term Debt Total and its Short Term Debt accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Freeport McMoRan. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Short Long Term Debt Total vs Short Term Debt
Short Long Term Debt Total vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Freeport McMoRan Short Long Term Debt Total account and
Short Term Debt. At this time, the significance of the direction appears to have weak relationship.
The correlation between Freeport McMoRan's Short Long Term Debt Total and Short Term Debt is 0.39. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Freeport McMoRan, assuming nothing else is changed. The correlation between historical values of Freeport McMoRan's Short Long Term Debt Total and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Freeport McMoRan are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Short Long Term Debt Total i.e., Freeport McMoRan's Short Long Term Debt Total and Short Term Debt go up and down completely randomly.
Correlation Coefficient | 0.39 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Short Long Term Debt Total
Short Term Debt
Most indicators from Freeport McMoRan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Freeport McMoRan current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Freeport McMoRan. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling General Administrative is likely to gain to about 427.5
M in 2024, whereas
Tax Provision is likely to drop slightly above 927.3
M in 2024.
Freeport McMoRan fundamental ratios Correlations
Click cells to compare fundamentals
Freeport McMoRan Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Freeport McMoRan fundamental ratios Accounts
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Additional Tools for Freeport Stock Analysis
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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.