Ero Copper Financial Statements From 2010 to 2025
| ERO Etf | USD 11.82 0.18 1.50% |
Gross Profit 170 M | Profit Margin | Market Capitalization 1.2 B | Enterprise Value Revenue 3.8499 | Revenue |
Check Ero Copper financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ero Copper's main balance sheet or income statement drivers, such as , as well as many indicators such as . Ero financial statements analysis is a perfect complement when working with Ero Copper Valuation or Volatility modules.
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Ero Copper Corp ETF Beta Analysis
Ero Copper's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Ero Copper Beta | 1.82 |
Most of Ero Copper's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ero Copper Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, Ero Copper Corp has a Beta of 1.82. This is much higher than that of the Metals & Mining family and significantly higher than that of the Materials category. The beta for all United States etfs is notably lower than that of the firm.
Ero Copper Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ero Copper's current stock value. Our valuation model uses many indicators to compare Ero Copper value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ero Copper competition to find correlations between indicators driving Ero Copper's intrinsic value. More Info.Ero Copper Corp is rated below average in price to earning as compared to similar ETFs. It is one of the top ETFs in price to book as compared to similar ETFs fabricating about 0.30 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Ero Copper Corp is roughly 3.31 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ero Copper's earnings, one of the primary drivers of an investment's value.About Ero Copper Financial Statements
Ero Copper investors utilize fundamental indicators, such as revenue or net income, to predict how Ero Etf might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Ero Copper Corp., a mining company, focuses on the production, exploration, and development of mining projects in Brazil. Ero Copper is listed under Copper in the United States and is traded on New York Stock Exchange exchange.
Other Information on Investing in Ero Etf
Ero Copper financial ratios help investors to determine whether Ero Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ero with respect to the benefits of owning Ero Copper security.