| ERO Etf | | | USD 15.73 0.12 0.77% |
Wayne Drier is Portfolio Manager at Ero Copper Corp
| Tenure | 7 years |
| Address | 625 Howe Street, Vancouver, BC, Canada, V6C 2T6 |
| Phone | 604 449 9244 |
| Web | https://erocopper.com |
Ero Copper Management Efficiency
The company has Return on Asset of
0.0401 % which means that on every $100 spent on assets, it made $0.0401 of profit. This is way below average. In the same way, it shows a return on shareholders' equity
(ROE) of
0.0269 %, implying that it generated $0.0269 on every 100 dollars invested. Ero Copper's management efficiency ratios could be used to measure how well Ero Copper manages its routine affairs as well as how well it operates its assets and liabilities.
Ero Copper Corp has 445.84
M in debt with debt to equity
(D/E) ratio of 0.17, which may show that the company is not taking advantage of profits from borrowing. Ero Copper Corp has a current ratio of 1.73, which is typical for the industry and considered as normal. 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.
Similar Fund Executives
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 [ERO] is traded in USA and was established 2007-05-08. Ero Copper is listed under Metals & Mining category by Fama And French industry classification.
Management Performance
Ero Copper Corp Money Managers
| Sally Eyre, Independent Director | |
| Michel Richard, Chief Geological Officer | |
| Wayne Drier, Chief Financial Officer | |
| Steven Busby, Independent Director | |
| Makko DeFilippo, Vice President - Corporate Development | |
| Matthew Wubs, Independent Director | |
| Michal Romanowski, Vice President - Evaluations and Planning | |
| Pablo Mejia, Vice President - Exploration | |
| Jonathan Singh, Vice President - Finance | |
| Christopher CMA, Ex Chairman | |
| Eduardo Come, Chief Brazil | |
| Pablo MejiaHerrera, VP Exploration | |
| Lyle Braaten, Independent Director | |
| John Wright, Lead Independent Director | |
| Anthea Bath, Chief Operating Officer | |
| Gelson Batista, Senior Operations | |
| David Strang, President, Chief Executive Officer, Director | |
| Courtney Lynn, Vice President - Corporate Development and Investor Relations | |
| Deepk Hundal, Senior Vice President, General Counsel, Corporate Secretary | |
| Chantal Gosselin, Independent Director | |
| Michael Hocking, Vice Exploration | |
| Robert Getz, Independent Director | |
| Christopher Dunn, Executive Chairman of the Board | |
| Emilio Sarno, Vice Management | |
Ero Etf Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right etf is not an easy task. Is Ero Copper a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Pair Trading with Ero Copper
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ero Copper position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ero Copper will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Ero Copper could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ero Copper when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ero Copper - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ero Copper Corp to buy it.
The correlation of Ero Copper is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ero Copper moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ero Copper Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ero Copper can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
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.