Ero Copper Corp Stock Price on November 26, 2024
| ERO Stock | CAD 21.39 0.27 1.28% |
Below is the normalized historical share price chart for Ero Copper Corp extending back to October 19, 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 21.39, as last reported on the 2nd of December, with the highest price reaching 21.51 and the lowest price hitting 21.12 during the day.
If you're considering investing in Ero Stock, it is important to understand the factors that can impact its price. Ero Copper Corp secures Sharpe Ratio (or Efficiency) of -0.1, which denotes the company had a -0.1% return per unit of risk over the last 3 months. Ero Copper Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ero Copper's Variance of 7.81, mean deviation of 2.16, and Standard Deviation of 2.79 to check the risk estimate we provide.
At this time, Ero Copper's Total Stockholder Equity is very stable compared to the past year. As of the 2nd of December 2024, Liabilities And Stockholders Equity is likely to grow to about 1.6 B, while Common Stock Total Equity is likely to drop about 111.2 M. . At this time, Ero Copper's Price To Sales Ratio is very stable compared to the past year. As of the 2nd of December 2024, Price Earnings Ratio is likely to grow to 16.92, while Price Book Value Ratio is likely to drop 1.77. Ero Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 26.9695 | 50 Day MA 25.96 | Beta 1.96 |
Ero |
Sharpe Ratio = -0.1014
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| Negative Returns | ERO |
Estimated Market Risk
| 2.7 actual daily | 24 76% of assets are more volatile |
Expected Return
| -0.27 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 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 2.2156 | Enterprise Value Ebitda 17.7859 | Price Sales 4.7609 | Shares Float 87.9 M | Wall Street Target Price 32.75 |
Ero Copper Valuation on November 26, 2024
It is possible to determine the worth of Ero Copper on a given historical date. On November 26, 2024 Ero was worth 21.91 at the beginning of the trading date compared to the closed value of 21.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ero Copper stock. 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 | |
| 21.87 | 22.07 | 21.66 | 21.94 | 471,357 | |
11/26/2024 | 21.91 | 21.95 | 21.12 | 21.33 | 304,682 |
| 21.34 | 21.68 | 21.27 | 21.38 | 266,561 |
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Ero Copper Trading Date Momentum on November 26, 2024
| On November 27 2024 Ero Copper Corp was traded for 21.38 at the closing time. The maximum traded price for the trading interval was 21.68 and the lowest daily price was 21.27 . The daily volume was recorded at 266.6 K. The volume of trading on 27th of November 2024 played a part in the next trading day price boost. The overall trading delta to the next closing price was 0.23% . The overall trading delta to the closing price today is 0.19% . |
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 Stock 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
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 94.9 M | 90.8 M | |
| Net Income Applicable To Common Shares | 117.1 M | 72.5 M |
Ero Copper Stock Technical Analysis
Ero Copper technical stock 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, stock market cycles, or different charting patterns.
Price Boundaries
Ero Copper Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Ero Copper Corp cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Ero Copper stock 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 stock 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 Stock 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 | (0.10) | |||
| Jensen Alpha | (0.52) | |||
| Total Risk Alpha | (0.87) | |||
| Treynor Ratio | (0.44) |
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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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.