Freeport Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Freeport McMoRan's historical fundamentals, such as revenue growth or operating cash flow patterns.
Freeport
On December 11, 2024 Freeport McMoRan had Market Facilitation Index of 0.0014. Market Facilitation Index is simply a difference between period high and low prices divided by period trading volume.
On December 12 2024 Freeport McMoRan was traded for 41.29 at the closing time. The maximum traded price for the trading interval was 41.29 and the lowest daily price was 41.29 . The daily volume was recorded at 307. The volume of trading on 12th of December 2024 played a part in the next trading day price rise. The overall trading delta to the next closing price was 0.90% . The overall trading delta to the closing price today is 3.57% .
Market Facilitation Index was developed by Dr. Bill Williams. This indicator can help to determine either strong or week signal that can follow the current trend line by looking at how Market Facilitation index correlates with trading volume over time.
For every potential investor in Freeport, whether a beginner or expert, Freeport McMoRan's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Freeport Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Freeport. Basic forecasting techniques help filter out the noise by identifying Freeport McMoRan's price trends.
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Freeport McMoRan stock to make a market-neutral strategy. Peer analysis of Freeport McMoRan could also be used in its relative valuation, which is a method of valuing Freeport McMoRan by comparing valuation metrics with similar companies.
Freeport McMoRan Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Freeport McMoRan's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Freeport McMoRan's current price.
Market strength 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 undertsting and applying Freeport McMoRan stock market strength indicators, traders can identify Freeport McMoRan entry and exit signals to maximize returns.
The analysis of Freeport McMoRan's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Freeport McMoRan's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting freeport stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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.