Ero Copper Corp Etf Performance
| ERO Etf | USD 12.63 0.19 1.53% |
The etf shows a Beta (market volatility) of 0.81, which means possible diversification benefits within a given portfolio. As returns on the market increase, Ero Copper's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ero Copper is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Ero Copper Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, Ero Copper is not utilizing all of its potentials. The current stock price disarray, may contribute to short-term losses for the investors. ...more
1 | Theres A New Ballgame In Gold And Materials Stocks | 02/10/2025 |
2 | Ero Copper Announces 2024 Production Results, 2025 Guidance and Updated Three-Year Production ... | 02/11/2025 |
3 | Brokers Issue Forecasts for Ero Copper FY2024 Earnings | 02/13/2025 |
4 | Ero Copper Corp. Increases Despite Market Slip Heres What You Need to Know | 02/20/2025 |
5 | Ero Copper Sets New 12-Month Low Whats Next | 02/27/2025 |
6 | Ero Copper Sets New 52-Week Low Heres Why | 03/05/2025 |
7 | Ero Copper Q4 Earnings Miss Estimates, Revenues Increase YY | 03/07/2025 |
8 | Goldman Sachs Sees Copper Imports Frontrunning Tariffs As FCX Positions To Benefit | 03/12/2025 |
9 | Wall Street Bulls Look Optimistic About Ero Copper Should You Buy | 03/13/2025 |
| Begin Period Cash Flow | 111.7 M |
Ero |
Ero Copper Relative Risk vs. Return Landscape
If you would invest 1,340 in Ero Copper Corp on December 17, 2024 and sell it today you would lose (77.00) from holding Ero Copper Corp or give up 5.75% of portfolio value over 90 days. Ero Copper Corp is generating negative expected returns assuming volatility of 2.8477% on return distribution over 90 days investment horizon. In other words, 25% of etfs are less volatile than Ero, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Ero Copper Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ero Copper's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Ero Copper Corp, and traders can use it to determine the average amount a Ero Copper's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0206
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| Negative Returns | ERO |
Estimated Market Risk
| 2.85 actual daily | 25 75% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 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.
Ero Copper Fundamentals Growth
Ero Etf prices reflect investors' perceptions of the future prospects and financial health of Ero Copper, and Ero Copper fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Ero Etf performance.
| Return On Equity | -0.0968 | ||||
| Return On Asset | 0.0449 | ||||
| Profit Margin | (0.15) % | ||||
| Operating Margin | 0.37 % | ||||
| Current Valuation | 1.87 B | ||||
| Shares Outstanding | 103.57 M | ||||
| Price To Earning | 5.76 X | ||||
| Price To Book | 2.23 X | ||||
| Price To Sales | 2.78 X | ||||
| Revenue | 470.26 M | ||||
| EBITDA | 13.78 M | ||||
| Cash And Equivalents | 119.05 M | ||||
| Cash Per Share | 1.33 X | ||||
| Total Debt | 620.07 M | ||||
| Debt To Equity | 0.17 % | ||||
| Book Value Per Share | 5.67 X | ||||
| Cash Flow From Operations | 145.42 M | ||||
| Earnings Per Share | (0.66) X | ||||
| Total Asset | 1.46 B | ||||
| Retained Earnings | 481.06 M | ||||
About Ero Copper Performance
By examining Ero Copper's fundamental ratios, stakeholders can obtain critical insights into Ero Copper's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Ero Copper is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
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 Corp generated a negative expected return over the last 90 days | |
| The company reported the last year's revenue of 470.26 M. Reported Net Loss for the year was (67.79 M) with profit before taxes, overhead, and interest of 180.55 M. | |
| About 74.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from zacks.com: Wall Street Bulls Look Optimistic About Ero Copper Should You Buy | |
| Ero Copper Corp generated-3.0 ten year return of -3.0% | |
| This fund retains all of the assets under management (AUM) in different types of exotic instruments |
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.