Freeport Mcmoran Copper Gold Stock Price Prediction
| FCX Stock | USD 42.67 1.06 2.42% |
Oversold Vs Overbought
46
Oversold | Overbought |
Quarterly Earnings Growth 0.161 | EPS Estimate Next Quarter 0.43 | EPS Estimate Current Year 1.5727 | EPS Estimate Next Year 2.174 | Wall Street Target Price 53.2029 |
Using Freeport McMoran hype-based prediction, you can estimate the value of Freeport McMoran Copper Gold from the perspective of Freeport McMoran response to recently generated media hype and the effects of current headlines on its competitors.
Freeport McMoran Copper Hype to Price Pattern
Investor biases related to Freeport McMoran's public news can be used to forecast risks associated with an investment in Freeport. The trend in average sentiment can be used to explain how an investor holding Freeport can time the market purely based on public headlines and social activities around Freeport McMoran Copper Gold. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Freeport McMoran's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Freeport McMoran.
The fear of missing out, i.e., FOMO, can cause potential investors in Freeport McMoran to buy its stock at a price that has no basis in reality. In that case, they are not buying Freeport because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Freeport McMoran after-hype prediction price | USD 42.67 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Freeport |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Freeport McMoran's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Freeport McMoran After-Hype Price Prediction Density Analysis
As far as predicting the price of Freeport McMoran at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Freeport McMoran or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Freeport McMoran, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Freeport McMoran Estimiated After-Hype Price Volatility
In the context of predicting Freeport McMoran's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Freeport McMoran's historical news coverage. Freeport McMoran's after-hype downside and upside margins for the prediction period are 40.43 and 44.91, respectively. We have considered Freeport McMoran's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Freeport McMoran is very steady at this time. Analysis and calculation of next after-hype price of Freeport McMoran Copper is based on 3 months time horizon.
Freeport McMoran Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Freeport McMoran is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Freeport McMoran backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Freeport McMoran, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.06 | 2.25 | 0.05 | 0.01 | 9 Events / Month | 2 Events / Month | In about 9 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
42.67 | 42.67 | 0.00 |
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Freeport McMoran Hype Timeline
On the 11th of December 2024 Freeport McMoran Copper is traded for 42.67. The entity has historical hype elasticity of -0.05, and average elasticity to hype of competition of -0.01. Freeport is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at 0.06%. %. The volatility of related hype on Freeport McMoran is about 1363.64%, with the expected price after the next announcement by competition of 42.66. About 85.0% of the company shares are owned by institutional investors. The book value of Freeport McMoran was currently reported as 12.21. The company last dividend was issued on the 15th of October 2024. Freeport McMoran Copper had 2:1 split on the 2nd of February 2011. Considering the 90-day investment horizon the next forecasted press release will be in about 9 days. Check out Freeport McMoran Basic Forecasting Models to cross-verify your projections.Freeport McMoran Related Hype Analysis
Having access to credible news sources related to Freeport McMoran's direct competition is more important than ever and may enhance your ability to predict Freeport McMoran's future price movements. Getting to know how Freeport McMoran's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Freeport McMoran may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| ERO | Ero Copper Corp | (0.93) | 9 per month | 0.00 | (0.17) | 5.24 | (4.44) | 15.44 | |
| ARREF | Amerigo Resources | 0.00 | 0 per month | 1.67 | (0.05) | 3.94 | (3.10) | 11.29 | |
| HBM | Hudbay Minerals | 0.21 | 10 per month | 2.18 | 0.13 | 4.23 | (3.81) | 15.90 | |
| LUNMF | Lundin Mining | 0.00 | 0 per month | 2.35 | 0.13 | 4.41 | (3.71) | 12.05 | |
| SCCO | Southern Copper | (0.93) | 12 per month | 2.07 | 0.01 | 3.66 | (3.40) | 13.86 | |
| CPPMF | Copper Mountain Mining | 0.00 | 0 per month | 0.00 | (0.07) | 12.50 | (11.76) | 46.67 | |
| CSCCF | Capstone Copper Corp | 0.00 | 0 per month | 2.36 | 0.02 | 6.17 | (3.30) | 15.14 | |
| FQVLF | First Quantum Minerals | 0.00 | 0 per month | 2.16 | 0.12 | 5.99 | (3.53) | 17.44 | |
| NEVDF | Nevada Copper Corp | 0.00 | 0 per month | 0.00 | (0.18) | 0.00 | (12.50) | 82.02 | |
| CPPKF | Copperbank Resources Corp | 0.00 | 0 per month | 2.66 | (0.02) | 3.85 | (5.00) | 12.05 |
Freeport McMoran Additional Predictive Modules
Most predictive techniques to examine Freeport price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Freeport using various technical indicators. When you analyze Freeport charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Freeport McMoran Predictive Indicators
The successful prediction of Freeport McMoran stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Freeport McMoran Copper Gold, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Freeport McMoran based on analysis of Freeport McMoran hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Freeport McMoran's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Freeport McMoran's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.005411 | 0.0158 | 0.0141 | 0.0134 | Price To Sales Ratio | 2.68 | 2.4 | 2.67 | 4.21 |
Story Coverage note for Freeport McMoran
The number of cover stories for Freeport McMoran depends on current market conditions and Freeport McMoran's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Freeport McMoran is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Freeport McMoran's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Freeport McMoran Short Properties
Freeport McMoran's future price predictability will typically decrease when Freeport McMoran's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Freeport McMoran Copper Gold often depends not only on the future outlook of the 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 Outstanding | 1.4 B | |
| Cash And Short Term Investments | 6 B |
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.