Freeport McMoRan 54 percent Price on February 23, 2023

35671DBJ3   98.78  0.60  0.60%   
If you're considering investing in Freeport Bond, it is important to understand the factors that can impact its price. As of today, the current price of Freeport stands at 98.78, as last reported on the 23rd of December, with the highest price reaching 98.78 and the lowest price hitting 98.78 during the day. Freeport McMoRan secures Sharpe Ratio (or Efficiency) of -0.18, which denotes the bond had a -0.18% return per unit of risk over the last 3 months. Freeport McMoRan 54 percent exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Freeport's Mean Deviation of 0.5805, standard deviation of 1.1, and Variance of 1.2 to check the risk estimate we provide.
  
Freeport Bond price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1787

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Estimated Market Risk

 0.5
  actual daily
4
96% of assets are more volatile

Expected Return

 -0.09
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.18
  actual daily
0
Most of other assets perform better
Based on monthly moving average Freeport is not performing at its full potential. However, 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 by adding Freeport to a well-diversified portfolio.

Related Headline

Stepan Headline on 23rd of February 2023

Filed transaction by Stepan Co officer. Exercise or conversion of derivative security exempted pursuant to Rule 16b-3

Freeport Valuation on February 23, 2023

It is possible to determine the worth of Freeport on a given historical date. On February 23, 2023 Freeport was worth 95.38 at the beginning of the trading date compared to the closed value of 95.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Freeport bond. Still, in general, we apply an absolute valuation method to find Freeport's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Freeport where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Freeport's related companies.
 Open High Low Close Volume
  95.02    95.02    95.02    95.02    500,000  
02/23/2023
  95.38    95.38    95.38    95.38    500,000  
  94.53    94.53    94.53    94.53    50,000  
Backtest Freeport  |  Freeport History  |  Freeport Valuation   PreviousNext  
Open Value
95.38
95.38
Closing Value
96.89
Upside

Freeport Trading Date Momentum on February 23, 2023

On February 24 2023 Freeport McMoRan 54 percent was traded for  94.53  at the closing time. The highest price during the trading period was 94.53  and the lowest recorded bid was listed for  94.53 . The volume for the day was 50 K. This history from February 24, 2023 contributed to the next trading day price decline. The trading price change to the next closing price was 0.89% . The overall trading delta to the current price is 0.51% .

About Freeport Bond history

Freeport investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Freeport is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Freeport McMoRan will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Freeport stock prices may prove useful in developing a viable investing in Freeport

Freeport Bond Technical Analysis

Freeport technical bond analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, bond market cycles, or different charting patterns.
A focus of Freeport technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Freeport trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Freeport Period Price Range

Low
December 23, 2024
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High

 0.00 

     

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Freeport McMoRan 54 percent cannot be verified against its exchange. Please verify the symbol is currently traded on Bond Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Freeport December 23, 2024 Market Strength

Market strength indicators help investors to evaluate how Freeport bond reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Freeport shares will generate the highest return on investment. By undertsting and applying Freeport bond market strength indicators, traders can identify Freeport McMoRan 54 percent entry and exit signals to maximize returns

Freeport Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Freeport's price direction in advance. Along with the technical and fundamental analysis of Freeport Bond historical price patterns, it is also worthwhile for investors to track various predictive indicators of Freeport to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Other Information on Investing in Freeport Bond

Freeport financial ratios help investors to determine whether Freeport Bond 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 security.