AIEQ2.190%
as of Sep 4
FCX
DefensiveFREEPORT-MCMORAN INC
Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. The company primarily explores for copper, gold, molybdenum, silver, and other metals. Its assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Chino and Tyrone in New Mexico; and Henderson and Climax in Colorado, North America, as well as Cerro Verde in Peru and El Abra in Chile.
Close · 3M
+18.85%
Held by 2 AI ETFs
PQUS0.090%
as of Sep 1
Signal performance
Each tracked ETF's moves on this stock, grouped by fund. Returns are measured from the signal date to the latest close — hypothetical, no commissions or slippage.
Buy signals5
Win rate100% (5/5)
Avg buy return+6.61%
AIEQ · New entry · 1d
weight 0 → 2.310% (new)·stock up 13.9% in the 30 days before
Sep 1·entry $72.47·now $72.56Fresh
+0.12%
since Sep 1
AIEQ · Exit · 1d
weight 0.600% → 0 (exited)·stock down 9.7% in the 30 days before
Jul 1·entry $60.53·now $72.56
+19.87%
since Jul 1
AIEQ · Weight decrease · 2d
weight 0.660% → 0.610% (-0.050 pp)·stock down 2.4% in the 30 days before
Jun 25·entry $62.80·now $72.56
+15.54%
since Jun 25
AIEQ · Weight decrease · 2d
weight 0.680% → 0.660% (-0.020 pp)·stock up 17.0% in the 30 days before
Jun 21·entry $69.21·now $72.56
+4.84%
since Jun 21
AIEQ · Accumulation · 5d
weight 0.620% → 0.680% (+0.060 pp)·stock up 14.1% in the 30 days before
Jun 17·entry $69.06·now $72.56Drifting
+5.07%
since Jun 17
AIEQ · Weight increase · 2d
weight 0.620% → 0.660% (+0.040 pp)·stock up 1.9% in the 30 days before
Jun 14·entry $70.13·now $72.56Drifting
+3.46%
since Jun 14
AIEQ · Weight decrease · 2d
weight 0.680% → 0.620% (-0.060 pp)·stock up 4.1% in the 30 days before
Jun 7·entry $63.91·now $72.56
+13.53%
since Jun 7
AIEQ · New entry · 1d
weight 0 → 0.630% (new)·stock up 15.4% in the 30 days before
May 30·entry $67.04·now $72.56Drifting
+8.23%
since May 30
AIEQ · Exit · 1d
weight 0.140% → 0 (exited)·stock down 7.6% in the 30 days before
May 3·entry $55.57·now $72.56
+30.57%
since May 3
Sell signals show what the stock did after the AI exited. A negative number means the AI's exit was well-timed.
Buffett-style framework
Too hard to callas of Jun 14
AI ETFs, specifically AIEQ, are actively holding and showing recent fluctuating interest in Freeport-McMoRan, including a recent weight increase trend. This contrasts with the Buffett-style framework's verdict of 'Too Hard,' which would decline to analyze or invest in the company due to the inherent unpredictability of commodity prices, regardless of current AI sentiment or price.
- Circle of CompetenceAs a commodity producer, Freeport-McMoRan's unit economics are highly susceptible to volatile market prices, making reliable ten-year cash flow projections too difficult for this framework.
- Economic MoatThis stage was not evaluated because the company falls outside the circle of competence due to the unpredictability of its commodity-driven earnings.
- ManagementThis stage was not evaluated because the company falls outside the circle of competence, preventing further analysis within this framework.
- Financial HealthThis stage was not evaluated because the company falls outside the circle of competence, making financial performance projections unreliable.
- Margin of SafetyThis stage was not evaluated because an intrinsic value estimate cannot be reliably determined for a business deemed outside the circle of competence.
Freeport-McMoRan is deemed 'Too Hard' to evaluate within a Buffett-style framework because its nature as a commodity producer places it outside the required circle of competence. The inherent volatility in commodity prices makes long-term cash flow predictability unreliable, thus disqualifying it from further analysis. This framework would bypass the company entirely, irrespective of other business characteristics or market conditions.
Educational interpretation generated by AI applying frameworks Warren Buffett documented in his shareholder letters and other public writings. Not a statement by Mr. Buffett or Berkshire Hathaway, and not investment advice.