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Freeport-McMoRan (XSGO:FCX) 6-Month Price Index : 1.32 (As of May. 14, 2024)


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What is Freeport-McMoRan 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-05-14), Freeport-McMoRan's 6-Month Price Index is 1.32.

Competitive Comparison of Freeport-McMoRan's 6-Month Price Index

For the Copper subindustry, Freeport-McMoRan's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Freeport-McMoRan  (XSGO:FCX) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Freeport-McMoRan  (XSGO:FCX) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

Freeport-McMoRan 6-Month Price Index Related Terms

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Freeport-McMoRan (XSGO:FCX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Freeport-McMoRan Inc (XSGO:FCX) » Definitions » 6-Month Price Index
Comparable Companies
SCCO IE MTAL COPR LSE:ANTO LIM:CVERDEC1 TSX:FM SHSE:600362 TSX:LUN WAR:KGH SZSE:000630 TSX:CS BOM:513599 HKSE:01208 HKSE:01258 TSX:HBM ASX:SFR SZSE:000737 SZSE:002203 TSX:ERO
Traded in Other Exchanges
FCX:USA FCX:Peru FCX:Mexico 1FCX:Italy FPMBd:UK 0R2O:UK FPMB:Germany FCXO34:Brazil FCX:Austria FCX:Argentina
Address
333 North Central Avenue, Phoenix, AZ, USA, 85004-2189
Website
https://www.fcx.com
Freeport-McMoRan Inc is an international mining company. It operates geographically diverse assets with proven and probable mineral reserves of copper, gold, and molybdenum. The company's portfolio of assets includes the Grasberg minerals district in Indonesia; and mining operations in North America and South America, including the large-scale Morenci minerals district in Arizona and the Cerro Verde operation in Peru. It derives key revenue from the sale of Copper.