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 Dividends Paid and its Capital Expenditures 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.
Dividends Paid vs Capital Expenditures
Dividends Paid vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Freeport McMoRan Dividends Paid account and
Capital Expenditures. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Freeport McMoRan's Dividends Paid and Capital Expenditures is -0.55. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Capital Expenditures 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 Dividends Paid and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividends Paid of Freeport McMoRan are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Dividends Paid i.e., Freeport McMoRan's Dividends Paid and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | -0.55 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.
Capital Expenditures
Capital Expenditures are funds used by Freeport McMoRan to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Freeport McMoRan operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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.