Freeport-McMoRan Ranks 236th in Market Activity as $0.47 Billion Volume Drives 0.35% Slide Amid Supply Delays and Easing Demand for Industrial Commodities

On September 18, 2025, , ranking 236th in market activity. , marking a decline amid mixed sector dynamics.

Recent developments highlight shifting market sentiment toward copper and gold equities. Analysts noted reduced speculative positioning in base metals following revised EIA inventory reports, which softened demand forecasts for industrial commodities. While FCX’s production guidance for Q4 remained unchanged, traders appeared to price in near-term supply-side uncertainties linked to regional mine access delays.

. Short-term traders exited long positions ahead of scheduled release, amplifying intraday volatility. However, , according to industry consensus.

To run this back-test accurately I’ll need to pin down a few practical details: 1. Market universe • Should I use the full U.S. equity universe (NYSE + NASDAQ) as the stock pool for ranking by volume? • If you have a different universe in mind (e.g., Chinese A-shares or only S&P 500 constituents), please let me know. 2. Execution convention • Typical approach: at the close of trading on day t we rank every stock by that day’s dollar volume, buy the top 500, then exit those positions at the next day’s close (i.e., a 1-day holding period). • Is that execution assumption acceptable, or would you rather buy at the next day’s open and sell at that same day’s close? 3. Price series • Do you prefer close-to-close returns (default) or open-to-close? Once I have these details, I’ll generate the data-gathering plan and run the back-test.