Ero Copper Competition

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Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Ero Copper's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Ero Copper in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
3.507.8012.10
Details
Intrinsic
Valuation
LowReal ValueHigh
6.2010.5014.80
Details
Naive
Forecast
LowNext ValueHigh
4.819.1113.41
Details
5 Analysts
Consensus
LowTarget PriceHigh
24.6825.6127.30
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Ero Copper. Your research has to be compared to or analyzed against Ero Copper's peers to derive any actionable benefits. When done correctly, Ero Copper's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Ero Copper Corp.

Ero Copper Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Ero Copper and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Ero Copper and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Ero Copper Corp does not affect the price movement of the other competitor.
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Ero Copper Competition Risk-Adjusted Indicators

Nowadays, there is a big difference between Ero Copper stock performing well and Ero Copper ETF doing well compared to the competition. There are way too many exceptions to the normal that investors can tell for sure what's good or bad unless they analyze Ero Copper's multiple risk-adjusted performance indicators. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean
Deviation
Jensen
Alpha
Sortino
Ratio
Treynor
Ratio
Semi
Deviation
Information
Ratio
Expected
Shortfall
Potential
Upside
Value
At Risk
Maximum
Drawdown
ERO 3.47 (0.44)  0.00 (0.48)  0.00 (0.13)  0.00  6.65 (6.91)  19.64 
FCX 2.65 (0.45)  0.00 (0.48)  0.00 (0.17)  0.00  4.80 (6.76)  15.05 
HBM 3.31 (0.59)  0.00 (0.55)  0.00 (0.18)  0.00  5.96 (7.80)  16.63 
AA 3.27 (0.62)  0.00 (0.52)  0.00 (0.19)  0.00  5.10 (6.70)  21.93 
AAU 3.44 (0.48)  0.00 (0.63)  0.00 (0.12)  0.00  6.06 (8.33)  18.41 
AEHL 3.69 (0.22)  0.00 (0.76)  0.00 (0.019)  0.00  7.46 (8.94)  28.73 
AEM 2.07 (0.28)  0.00 (0.73)  0.00 (0.07)  0.00  4.27 (4.56)  12.64 
ALB 2.83  0.31  0.06  0.02  3.38  0.06 (3.26)  7.20 (6.00)  18.33 
ASM 2.61 (0.57)  0.00 (0.79)  0.00 (0.17)  0.00  4.62 (5.95)  14.73 
AVLNF 4.07 (0.26)  0.00 (0.45)  0.00 (0.0363)  0.00  8.33 (8.74)  50.76 

Cross Equities Net Income Analysis

Select Fundamental

2010201120122013201420152016201720182019202020212022
ERO91.9 M91.9 M91.9 M91.9 M91.9 M91.9 M91.9 M91.9 M91.9 M91.9 M51.6 M201.1 M172.3 M
FCX5.7 B5.7 BB2.7 B(1.1 B)(12.1 B)(4.3 B)1.8 B2.6 B(239 M)599 M4.3 B4.6 B
HBM(153.9 M)(153.9 M)(20.8 M)(101.4 M)65.3 M(331.4 M)(35.2 M)139.7 M85.4 M(343.8 M)(144.6 M)(244.4 M)(250.8 M)
AA(2.9 B)(2.9 B)(2.9 B)(2.9 B)(256 M)(863 M)(400 M)279 M250 M(1.1 B)(170 M)429 M462.9 M
AAU7.3 M7.3 M(10.2 M)(6.4 M)(15 M)(1.1 M)(4 M)(5.2 M)(3.5 M)(3.8 M)(3.1 M)(2.7 M)(2.9 M)
AEHL294.4 M294.4 M243.8 M(2 M)(30.4 M)(362.4 M)(321.8 M)(88 M)(418.7 M)(9.5 M)(193.1 M)(14.2 M)(15.3 M)
AEM(568.9 M)(568.9 M)310.9 M(686.7 M)83 M24.6 M158.8 M240.8 M(326.7 M)473.2 M511.6 M543 M585.9 M
ALB392.1 M392.1 M311.5 M413.2 M133.3 M334.9 M643.7 M54.9 M693.6 M533.2 M375.8 M123.7 M126.9 M
ASM(4.2 M)(4.2 M)(1.3 M)848.2 K2.5 M378.1 KM2.5 M1.6 M(31.5 M)(7.7 M)(2.1 M)(2.2 M)
AVLNF(8.7 M)(11.2 M)(11.2 M)(5.7 M)(3.2 M)(3.5 M)(3.4 M)(3.2 M)(3.4 M)(5.4 M)(5.4 M)(6.2 M)(6.7 M)

Ero Copper Corp and related etfs such as Freeport-Mcmoran, Hudbay Minerals, Alcoa Corp, Almaden Minerals, Antelope Enterprise Hldg, Agnico-Eagle Mines, Albemarle Corp, Avino Silver Gold, Avalon Advanced Materials Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in Ero Copper Corp financial statement analysis. It represents the amount of money remaining after all of Ero Copper Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. The portion of profit or loss for the period; net of income taxes; which is attributable to the parent after the deduction of Net Income to Non Controlling Interests from Consolidated Income; and before the deduction of Preferred Dividends.

Ero Copper Competitive Analysis

The better you understand Ero Copper competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Ero Copper's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Ero Copper's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
EROFCXHBMAAAAUAEHLAEMALBASMAVLNF
 0.36 
 8.46 
Ero Copper
 0.21 
 29.20 
Freeport
 1.72 
 4.15 
Hudbay
 1.76 
 44.78 
Alcoa
 4.55 
 0.23 
Almaden
 1.89 
 1.08 
Antelope
 3.61 
 47.41 
Agnico-Eagle
 1.83 
 205.15 
Albemarle
 3.70 
 0.56 
Avino
 3.58 
 0.09 
Avalon
Market Volatility
(90 Days Market Risk)
Market Performance
(90 Days Stock Performance)
Odds of Financial Distress
(Probability Of Bankruptcy)
Current Valuation
(Equity Enterprise Value)
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Number of Shares Shorted
Shares Owned by Insiders
Current Ratio
Net Asset
Profit Margin
EBITDA
Operating Margin
Current Valuation
Cash Flow from Operations
Five Year Return
Retained Earnings
Current Asset
One Year Return
Beta
Price to Book
Shares Outstanding
Three Year Return
Total Debt
Return On Equity
Price to Earning
Z Score
Shares Owned by Institutions
Return On Asset
Book Value Per Share
Cash and Equivalents
Price to Earnings To Growth
Current Liabilities
Total Asset
Short Ratio
Last Dividend Paid
Price to Sales
Market Capitalization
Cash per Share
Net Income
Earnings Per Share
Debt to Equity
Revenue
Ten Year Return
Working Capital
Gross Profit
Day Typical Price
Accumulation Distribution
Market Facilitation Index
Daily Balance Of Power
Rate Of Daily Change
Day Median Price
Price Action Indicator
Coefficient Of Variation
Mean Deviation
Jensen Alpha
Total Risk Alpha
Sortino Ratio
Downside Variance
Standard Deviation
Kurtosis
Potential Upside
Treynor Ratio
Maximum Drawdown
Variance
Market Risk Adjusted Performance
Risk Adjusted Performance
Skewness
Semi Deviation
Information Ratio
Value At Risk
Expected Short fall
Downside Deviation
Semi Variance

Ero Copper Competition Performance Charts

Complement your Ero Copper position

In addition to having Ero Copper in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Small Value
Small Value Theme
Funds or Etfs that invest in the undervalued stocks of small to mid-sized companies. The Small Value theme has 40 constituents.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Small Value Theme or any other thematic opportunities.
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Continue to Ero Copper Correlation with its peers. Note that the Ero Copper Corp information on this page should be used as a complementary analysis to other Ero Copper's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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When running Ero Copper Corp price analysis, check to measure Ero Copper's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ero Copper is operating at the current time. Most of Ero Copper's value examination focuses on studying past and present price action to predict the probability of Ero Copper's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Ero Copper's price. Additionally, you may evaluate how the addition of Ero Copper to your portfolios can decrease your overall portfolio volatility.
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The market value of Ero Copper Corp is measured differently than its book value, which is the value of Ero Copper that is recorded on the company's balance sheet. Investors also form their own opinion of Ero Copper's value that differs from its market value or its book value, called intrinsic value, which is Ero Copper's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ero Copper's market value can be influenced by many factors that don't directly affect Ero Copper's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ero Copper's value and its price as these two are different measures arrived at by different means. Investors typically determine Ero Copper value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ero Copper's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
ERO
 Etf
  

USD 8.46  0.03  0.36%   

Ero Copper Corp competes with Freeport Mcmoran, Hudbay Minerals, Alcoa Corp, and Almaden Minerals; as well as few others. The company runs under null sector within null industry. Analyzing Ero Copper competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Ero Copper to its intrinsic valuation because they are able to contrast its competitors on a relative basis.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Ero Copper competition on your existing holdings. Continue to Ero Copper Correlation with its peers.
  
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The value of Return on Average Assets is estimated to slide to 0.30. The value of Return on Average Equity is estimated to slide to 0.62. Ero Copper Assets Non Current are quite stable at the moment as compared to the past year. The etf's current value of Assets Non Current is estimated at 492.06 Million. Tax Assets is expected to rise to about 2.4 M this year, although the value of Total Assets will most likely fall to about 681.4 M.