Ero Copper Corp Stock Performance
| ERO Stock | CAD 19.19 0.60 3.03% |
Ero Copper has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.68, 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. Ero Copper Corp right now shows a risk of 2.7%. Please confirm Ero Copper Corp sortino ratio, skewness, period momentum indicator, as well as the relationship between the potential upside and rate of daily change , to decide if Ero Copper Corp will be following its price patterns.
Risk-Adjusted Performance
Weak
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Ero Copper Corp are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy basic indicators, Ero Copper is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
1 | Ero Copper Corp. Shares Bought by Montrusco Bolton Investments Inc. - MarketBeat | 01/29/2025 |
2 | Q4 Earnings Alert Ero Copper Sets Date for Critical Year-End Financial Results - StockTitan | 02/06/2025 |
3 | Raymond James Has Negative Outlook of Ero Copper Q1 Earnings - MarketBeat | 02/14/2025 |
4 | Stock Analysis and Trading Signals - Stock Traders Daily | 02/21/2025 |
5 | Sprott Inc. Purchases 135,049 Shares of Ero Copper Corp. - MarketBeat | 02/28/2025 |
6 | Ero Copper Corp. Secures Copper Export Financing Agreement with BMO - TipRanks | 03/05/2025 |
7 | Daily Stock Insights - Stock Traders Daily | 03/18/2025 |
| Begin Period Cash Flow | 111.7 M |
Ero |
Ero Copper Relative Risk vs. Return Landscape
If you would invest 1,921 in Ero Copper Corp on December 22, 2024 and sell it today you would lose (2.00) from holding Ero Copper Corp or give up 0.1% of portfolio value over 90 days. Ero Copper Corp is generating 0.0343% of daily returns assuming 2.7018% volatility of returns over the 90 days investment horizon. Simply put, 24% of all stocks have less volatile historical return distribution than Ero Copper, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading 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 stocks, 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 = 0.0127
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| Negative Returns | ERO |
Estimated Market Risk
| 2.7 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average Ero Copper is performing at about 1% of its full potential. 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 it to a well-diversified portfolio.
Ero Copper Fundamentals Growth
Ero Stock 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 Stock performance.
| Return On Equity | -0.0968 | ||||
| Return On Asset | 0.0449 | ||||
| Profit Margin | (0.15) % | ||||
| Operating Margin | 0.37 % | ||||
| Current Valuation | 2.88 B | ||||
| Shares Outstanding | 103.57 M | ||||
| Price To Earning | 96.83 X | ||||
| Price To Book | 2.46 X | ||||
| Price To Sales | 4.36 X | ||||
| Revenue | 470.26 M | ||||
| Gross Profit | 180.55 M | ||||
| EBITDA | 191.87 M | ||||
| Net Income | (68.47 M) | ||||
| Cash And Equivalents | 177.7 M | ||||
| Cash Per Share | 0.60 X | ||||
| Total Debt | 45.89 M | ||||
| Debt To Equity | 1.94 % | ||||
| Current Ratio | 0.78 X | ||||
| Book Value Per Share | 5.67 X | ||||
| Cash Flow From Operations | 145.42 M | ||||
| Earnings Per Share | (0.94) X | ||||
| Market Capitalization | 2.05 B | ||||
| Total Asset | 1.46 B | ||||
| Retained Earnings | 481.06 M | ||||
| Working Capital | (69.92 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.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 53.03 | 38.90 | |
| Return On Tangible Assets | (0.05) | (0.04) | |
| Return On Capital Employed | 0.06 | 0.06 | |
| Return On Assets | (0.05) | (0.04) | |
| Return On Equity | (0.12) | (0.11) |
Things to note about Ero Copper Corp performance evaluation
Checking the ongoing alerts about Ero Copper for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Ero Copper Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Ero Copper Corp has accumulated 45.89 M in total debt with debt to equity ratio (D/E) of 1.94, which is about average as compared to similar companies. Ero Copper Corp has a current ratio of 0.76, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Ero Copper until it has trouble settling it off, either with new capital or with free cash flow. So, Ero Copper's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Ero Copper Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ero to invest in growth at high rates of return. When we think about Ero Copper's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 470.26 M. Net Loss for the year was (68.47 M) with profit before overhead, payroll, taxes, and interest of 180.55 M. | |
| Over 82.0% of Ero Copper shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: Daily Stock Insights - Stock Traders Daily |
- Analyzing Ero Copper's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Ero Copper's stock is overvalued or undervalued compared to its peers.
- Examining Ero Copper's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Ero Copper's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ero Copper's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Ero Copper's stock. These opinions can provide insight into Ero Copper's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ero Copper Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.