Ero Copper Corp Etf Price on November 27, 2024
| ERO Etf | USD 13.25 0.23 1.77% |
Below is the normalized historical share price chart for Ero Copper Corp extending back to October 20, 2017. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Ero Copper stands at 13.25, as last reported on the 22nd of December, with the highest price reaching 13.42 and the lowest price hitting 12.94 during the day.
If you're considering investing in Ero Etf, it is important to understand the factors that can impact its price. Ero Copper Corp secures Sharpe Ratio (or Efficiency) of -0.25, which denotes the etf had a -0.25% return per unit of risk over the last 3 months. Ero Copper Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ero Copper's Mean Deviation of 2.15, standard deviation of 2.78, and Variance of 7.72 to check the risk estimate we provide.
Ero Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 27th of December 2007 | 200 Day MA 19.5288 | 50 Day MA 16.66 | Beta 1.96 |
Ero |
Sharpe Ratio = -0.247
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ERO |
Estimated Market Risk
| 2.78 actual daily | 24 76% of assets are more volatile |
Expected Return
| -0.69 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.25 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ero Copper is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Ero Copper by adding Ero Copper to a well-diversified portfolio.
Price Book 1.9227 | Enterprise Value Ebitda 16.0807 | Price Sales 2.9491 | Shares Float 87.9 M | Wall Street Target Price 21 |
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Ero Copper Valuation on November 27, 2024
It is possible to determine the worth of Ero Copper on a given historical date. On November 27, 2024 Ero was worth 15.17 at the beginning of the trading date compared to the closed value of 15.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ero Copper etf. Still, in general, we apply an absolute valuation method to find Ero Copper's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Ero Copper where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ero Copper's related companies.
| Open | High | Low | Close | Volume | |
| 15.70 | 15.70 | 15.00 | 15.16 | 470,755 | |
11/27/2024 | 15.17 | 15.44 | 15.15 | 15.26 | 300,609 |
| 15.27 | 15.28 | 15.04 | 15.22 | 177,644 |
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Ero Copper Trading Date Momentum on November 27, 2024
| On November 29 2024 Ero Copper Corp was traded for 15.22 at the closing time. Highest Ero Copper's price during the trading hours was 15.28 and the lowest price during the day was 15.04 . The net volume was 177.6 K. The overall trading history on the 29th of November contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.26% . The overall trading delta to current price is 3.15% . |
Ero Copper Corp Fundamentals Correlations and Trends
By evaluating Ero Copper's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Ero Copper's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ero financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ero Copper Etf history
Ero Copper investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Ero is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ero Copper Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Ero Copper stock prices may prove useful in developing a viable investing in Ero Copper
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.
Ero Copper Etf Technical Analysis
Ero Copper technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
Ero Copper Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Ero Copper Corp cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Ero Copper December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Ero Copper etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ero Copper shares will generate the highest return on investment. By undertsting and applying Ero Copper etf market strength indicators, traders can identify Ero Copper Corp entry and exit signals to maximize returns
Ero Copper Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ero Copper's price direction in advance. Along with the technical and fundamental analysis of Ero Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ero to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.19) | |||
| Jensen Alpha | (0.70) | |||
| Total Risk Alpha | (0.78) | |||
| Treynor Ratio | (3.29) |
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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.