FCX Volume Plummets 32.12% to Rank 144th as High-Volume Strategy Outperforms S&P 500 with 14.7% Annualized Return

On September 10, 2025, , . , . equities. The move followed a strategic shift in its copper production guidance for the fourth quarter, which aligned with updated demand forecasts from key markets. Analysts noted the volume contraction reflected reduced speculative positioning ahead of macroeconomic data releases scheduled for the following week.

, driven by improved operational efficiency and lower energy costs. This adjustment came amid ongoing negotiations with labor unions over contract terms, which had previously caused production delays. Market participants interpreted the production guidance as a signal of long-term confidence in commodity prices, despite near-term volatility in global equity markets.

A back-test of a high-volume-driven trading strategy across U.S. equities from January 3, 2022, to September 10, 2025, , . , . Daily rebalancing and zero transaction cost assumptions were applied, using split- and dividend-adjusted prices for all calculations.