FCX Climbs to 214th in Daily Trading Volume as High-Volume Strategy Delivers 6.98% CAGR Amid 15.46% Drawdown

Generated by AI AgentAinvest Market Brief
Wednesday, Aug 13, 2025 8:48 pm ET1min read
FCX--
Aime RobotAime Summary

- Freeport-McMoRan (FCX) ranked 214th in daily trading volume on August 13, 2025, with $560 million traded as shares rose 1.40%.

- A high-volume stock strategy (2022-present) showed 6.98% CAGR but faced 15.46% maximum drawdown during market volatility.

- The mid-2023 drawdown highlighted risks in relying on trading volume alone, emphasizing the need for robust risk management in such strategies.

On August 13, 2025, Freeport-McMoRanFCX-- (FCX) saw a trading volume of $560 million, ranking 214th in market activity for the day. The stock closed with a 1.40% increase, reflecting modest investor interest amid broader market dynamics.

The strategy of purchasing the top 500 stocks by daily trading volume and holding them for one day from 2022 to the present has generated moderate returns. The compound annual growth rate (CAGR) stood at 6.98%, while the maximum drawdown reached 15.46% during the backtest period. The approach displayed consistent growth over time, offering a reliable option for investors prioritizing steady returns. However, the notable drawdown observed in mid-2023 underscores the critical role of risk management in navigating volatile market conditions.

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