Freeport McMoRan (Germany) Probability of Future Stock Price Finishing Under 40.56

FPMB Stock  EUR 37.53  0.13  0.35%   
Freeport McMoRan's future price is the expected price of Freeport McMoRan instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Freeport McMoRan performance during a given time horizon utilizing its historical volatility. Check out Freeport McMoRan Backtesting, Freeport McMoRan Valuation, Freeport McMoRan Correlation, Freeport McMoRan Hype Analysis, Freeport McMoRan Volatility, Freeport McMoRan History as well as Freeport McMoRan Performance.
  
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Freeport McMoRan Target Price Odds to finish below 40.56

The tendency of Freeport Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to stay under € 40.56  after 90 days
 37.53 90 days 40.56 
about 19.88
Based on a normal probability distribution, the odds of Freeport McMoRan to stay under € 40.56  after 90 days from now is about 19.88 (This Freeport McMoRan probability density function shows the probability of Freeport Stock to fall within a particular range of prices over 90 days) . Probability of Freeport McMoRan price to stay between its current price of € 37.53  and € 40.56  at the end of the 90-day period is about 18.73 .
Assuming the 90 days trading horizon Freeport McMoRan has a beta of 0.54. This usually indicates as returns on the market go up, Freeport McMoRan average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Freeport McMoRan will be expected to be much smaller as well. Additionally Freeport McMoRan has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial.
   Freeport McMoRan Price Density   
JavaScript chart by amCharts 3.21.1531.2133.2535.337.639.6541.6943.4845.5347.5849.62Current PriceTargetFreeport McMoRan Mean 0.050.100.15
       Price  

Predictive Modules for Freeport McMoRan

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Freeport McMoRan. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
35.6537.5339.41
Details
Intrinsic
Valuation
LowRealHigh
37.4839.3641.24
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Freeport McMoRan. Your research has to be compared to or analyzed against Freeport McMoRan's peers to derive any actionable benefits. When done correctly, Freeport McMoRan's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Freeport McMoRan.

Freeport McMoRan Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Freeport McMoRan is not an exception. The market had few large corrections towards the Freeport McMoRan's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Freeport McMoRan, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Freeport McMoRan within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.13
β
Beta against Dow Jones0.54
σ
Overall volatility
2.19
Ir
Information ratio -0.07

Freeport McMoRan Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Freeport McMoRan for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Freeport McMoRan can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Freeport McMoRan generated a negative expected return over the last 90 days
Over 80.0% of the company shares are owned by institutional investors

Freeport McMoRan Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Freeport Stock often depends not only on the future outlook of the current and potential Freeport McMoRan's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Freeport McMoRan's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding1.4 B

Freeport McMoRan Technical Analysis

Freeport McMoRan's future price can be derived by breaking down and analyzing its technical indicators over time. Freeport Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Freeport McMoRan. In general, you should focus on analyzing Freeport Stock price patterns and their correlations with different microeconomic environments and drivers.

Freeport McMoRan Predictive Forecast Models

Freeport McMoRan's time-series forecasting models is one of many Freeport McMoRan's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Freeport McMoRan's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Freeport McMoRan

Checking the ongoing alerts about Freeport McMoRan for important developments is a great way to find new opportunities for your next move. Our 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.
Freeport McMoRan generated a negative expected return over the last 90 days
Over 80.0% of the company shares are owned by institutional investors

Other Information on Investing in Freeport Stock

Freeport McMoRan financial ratios help investors to determine whether Freeport Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Freeport with respect to the benefits of owning Freeport McMoRan security.