Ero Copper Upgraded to Outperform at Raymond James - MarketBeat
| ERO Stock | CAD 18.81 0.50 2.73% |
About 55% of Ero Copper's investors are presently thinking to get in. The current sentiment regarding investing in Ero Copper Corp stock implies that some traders are interested. Ero Copper's investing sentiment overview a quick insight into current market opportunities from investing in Ero Copper Corp. Many technical investors use Ero Copper Corp stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
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Ero Copper Upgraded to Outperform at Raymond James MarketBeat
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Ero Copper Fundamental Analysis
We analyze Ero Copper's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ero Copper using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ero Copper based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Return On Asset
Return On Asset Comparative Analysis
Ero Copper is currently under evaluation in return on asset category among its peers. Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Ero Copper Corp Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Ero Copper stock to make a market-neutral strategy. Peer analysis of Ero Copper could also be used in its relative valuation, which is a method of valuing Ero Copper by comparing valuation metrics with similar companies.
Peers
Ero Copper Related Equities
| PAAS | Pan American | 4.58 | ||||
| TXG | Torex Gold | 4.20 | ||||
| SSRM | SSR Mining | 3.93 | ||||
| MAG | MAG Silver | 1.08 | ||||
| IFP | Interfor Corp | 3.22 |
Check out Ero Copper Hype Analysis, Ero Copper Correlation and Ero Copper Performance. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.