FCX Forecast


Bullish Case: Copper demand driven by renewables and electrification boosts FCX outlook. Long-term trends show positive growth potential amid rising geopolitical tensions.




Bearish Case: Geopolitical risks and economic slowdown could hinder copper demand. High operational costs and market volatility pose significant challenges to FCX's near-term prospects.




Potential Outcomes:
  • Stability in copper prices due to green demand (70%).
  • Economic downturn reducing demand (20%).
  • Geopolitical tensions disrupt supply chains (10%).



April 23, 2025


Freeport-McMoRan Forecast

FCX        Freeport-McMoRan











Correlated Assets

Assets that tend to move strongly with FCX



BHP Forecast + Options Trading Strategies   BHP  BHP Group Limited (0.95)


BEP Forecast + Options Trading Strategies   BEP  Brookfield Renewable (0.9)


MUX Forecast + Options Trading Strategies   MUX  McEwen Mining (0.9)


ADNT Forecast + Options Trading Strategies   ADNT  Adient (0.88)


AEO Forecast + Options Trading Strategies   AEO  American Eagle Outfitters (0.87)



Uncorrelated Assets

Assets with little price relationship to FCX



FSS Forecast + Options Trading Strategies   FSS  Federal Signal (0.01)


WMG Forecast + Options Trading Strategies   WMG  Warner Music (-0.02)


FLR Forecast + Options Trading Strategies   FLR  Fluor (0.02)


ZETA Forecast + Options Trading Strategies   ZETA  Zeta Global Holdings Corp (0.02)


HRI Forecast + Options Trading Strategies   HRI  Herc (-0.02)



Anticorrelated Assets

Assets that tend to move strongly against FCX



PL Forecast + Options Trading Strategies   PL  Planet Labs PBC - (-0.8)


ORI Forecast + Options Trading Strategies   ORI  Old Republic International (-0.81)


ORLY Forecast + Options Trading Strategies   ORLY  O'Reilly Automotive (-0.82)


FOXA Forecast + Options Trading Strategies   FOXA  Fox Corporation - (-0.83)


LRN Forecast + Options Trading Strategies   LRN  Stride (-0.85)









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