Freeport McMoRan Performance
Freeport McMoRan Relative Risk vs. Return Landscape
If you would invest (100.00) in Freeport McMoRan on September 26, 2024 and sell it today you would earn a total of 100.00 from holding Freeport McMoRan or generate -100.0% return on investment over 90 days. Freeport McMoRan is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than Freeport, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Freeport McMoRan Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Freeport McMoRan's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Freeport McMoRan, and traders can use it to determine the average amount a Freeport McMoRan's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
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Based on monthly moving average Freeport McMoRan 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 McMoRan by adding Freeport McMoRan to a well-diversified portfolio.
Things to note about Freeport McMoRan performance evaluation
Checking the ongoing alerts about Freeport McMoRan for important developments is a great way to find new opportunities for your next move. 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 is not yet fully synchronised with the market data | |
| Freeport McMoRan has some characteristics of a very speculative penny stock |
- Analyzing Freeport McMoRan's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Freeport McMoRan's stock is overvalued or undervalued compared to its peers.
- Examining Freeport McMoRan's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Freeport McMoRan's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Freeport McMoRan's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Freeport McMoRan's stock. These opinions can provide insight into Freeport McMoRan's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Other Consideration for investing in Freeport Stock
If you are still planning to invest in Freeport McMoRan check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Freeport McMoRan's history and understand the potential risks before investing.
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