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)


GOGL Forecast + Options Trading Strategies   GOGL  Golden Ocean (0.9)


MUR Forecast + Options Trading Strategies   MUR  Murphy Oil (0.86)


GES Forecast + Options Trading Strategies   GES  Guess (0.85)


AEO Forecast + Options Trading Strategies   AEO  American Eagle Outfitters (0.85)



Uncorrelated Assets

Assets with little price relationship to FCX



RVMD Forecast + Options Trading Strategies   RVMD  Revolution Medicines (0.0)


TTI Forecast + Options Trading Strategies   TTI  Tetra Technologies (-0.02)


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


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


FLR Forecast + Options Trading Strategies   FLR  Fluor (0.02)



Anticorrelated Assets

Assets that tend to move strongly against FCX



TJX Forecast + Options Trading Strategies   TJX  TJX Companies (-0.77)


RKLB Forecast + Options Trading Strategies   RKLB  Rocket Lab USA (-0.78)


CHWY Forecast + Options Trading Strategies   CHWY  Chewy (-0.78)


LNG Forecast + Options Trading Strategies   LNG  Cheniere Energy (-0.8)


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









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