Ero Copper Files Technical Report for Furnas Copper-Gold Project Resource Estimate ERO Stock News - StockTitan
| ERO Stock | CAD 20.03 0.94 4.48% |
About 62% of Ero Copper's investor base is looking to short. The current sentiment regarding investing in Ero Copper Corp stock implies that many traders are alarmed. 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.
Ero |
Ero Copper Files Technical Report for Furnas Copper-Gold Project Resource Estimate ERO Stock News StockTitan
Read at news.google.com
 |
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.
Beta
Beta Comparative Analysis
Ero Copper is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns 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
| SSRM | SSR Mining | 5.94 | ||||
| MAG | MAG Silver | 0.49 | ||||
| PAAS | Pan American | 0.79 | ||||
| IFP | Interfor Corp | 3.34 | ||||
| TXG | Torex Gold | 4.89 |
Check out Ero Copper Hype Analysis, Ero Copper Correlation and Ero Copper Performance. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.