Ero Copper Etf Financials

ERO -  USA Etf  

USD 14.10  0.24  1.73%

Understanding current and past Ero Copper Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Ero Copper's financial statements are interrelated, with each one affecting the others. For example, an increase in Ero Copper's assets may result in an increase in income on the income statement. Because of this, it is necessary to analyze all of Ero Copper's financials over time to get the whole picture.
You can exercise fundamental analysis to find out if Ero Copper Corp is mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to interpolate data for thirty-five available fundamental indicators for Ero Copper Corp, which can be compared to its rivals. To make sure the equity is not overpriced, please confirm all Ero Copper Corp financials, including its price to book, current ratio, three year return, as well as the relationship between the net income and number of employees . Use Ero Copper to enhance returns of your portfolios. The etf experiences a large bullish trend. Check odds of Ero Copper to be traded at $15.51 in 90 days.

Ero Copper Fundamentals 

 
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With this module, you can analyze Ero Copper financials for your investing period. You should be able to track the changes in Ero Copper individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Chance Of Financial Distress
Less than 25
Ero Copper Corp has less than 25 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Ero Copper etf is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Ero Copper's official financial statements usually reflect Ero Copper's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Ero Copper Corp. For example, before you start analyzing numbers published by Ero Copper accountants, it's critical to develop an understanding of what Ero Copper's liquidity, profitability, and earnings quality are in the context of the Industrial Metal Mining space in which it operates.
Please note, the presentation of Ero Copper's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Ero Copper's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Ero Copper's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Ero Copper Corp. Please utilize our Beneish M Score to check the likelihood of Ero Copper's management to manipulate its earnings.

Ero Copper Company Summary

Ero Copper competes with Avalon Advanced, Bhp Billiton, and China Natural. 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.
Specialization
Basic Materials, Other Industrial Metals & Mining
InstrumentUSA Etf View All
ExchangeNew York Stock Exchange
CUSIP296006109
Older SymbolERRPF
RegionOthers
Investment IssuerOthers
LocationBritish Columbia; Canada
Business Address625 Howe Street
BenchmarkDOW
Websitewww.erocopper.com
Phone604 449 9244
CurrencyUSD - US Dollar
You should never invest in Ero Copper without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Ero Copper Etf, because this is throwing your money away. Analyzing the key information contained in Ero Copper's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Ero Copper Key Financial Ratios

Generally speaking, Ero Copper's financial ratios allow both analysts and investors to convert raw data from Ero Copper's financial statements into concise, actionable information that can be used to evaluate the performance of Ero Copper over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Ero Copper Corp reports annually and quarterly.

Ero Copper Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Ero Copper's current stock value. Our valuation model uses many indicators to compare Ero Copper value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ero Copper competition to find correlations between indicators driving Ero Copper's intrinsic value. More Info.
Ero Copper Corp is rated # 4 ETF in five year return as compared to similar ETFs. It is one of the top ETFs in three year return as compared to similar ETFs . . Comparative valuation analysis is a catch-all model that can be used if you cannot value Ero Copper by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ero Copper's Etf . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ero Copper's earnings, one of the primary drivers of an investment's value.

Ero Copper Corp Systematic Risk

Ero Copper's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ero Copper volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was five with a total number of output elements of fifty-six. The Beta measures systematic risk based on how returns on Ero Copper Corp correlated with the market. If Beta is less than 0 Ero Copper generally moves in the opposite direction as compared to the market. If Ero Copper Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ero Copper Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ero Copper is generally in the same direction as the market. If Beta > 1 Ero Copper moves generally in the same direction as, but more than the movement of the benchmark. View also all equity analysis or get more info about beta statistic functions indicator.

About Ero Copper Financials

What exactly are Ero Copper Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Ero Copper's income statement, its balance sheet, and the statement of cash flows. Potential Ero Copper investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Ero Copper investors may use each financial statement separately, they are all related. The changes in Ero Copper's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ero Copper's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
 2010 2020 2021 2022 (projected)
Current Assets75.56 M127.54 M146.67 M135.99 M
Total Assets462.67 M497.1 M571.66 M578.7 M
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines that you should keep in mind when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase year after year due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt to equity ratio because this number will tell you how much risk it has. If a company such as Ero Copper is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to try and figure out if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that net revenue of Ero Copper grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only grown by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

Ero Copper Thematic Clasifications

Ero Copper Corp is part of Industrial Metal Mining investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Industrial Metal Mining industry as classified by Fama & French. Fama and French focuses on testing asset pricing under different economic assumptions
Industrial Metal Mining Idea
Industrial Metal MiningView
This theme covers USA Equities from Industrial Metal Mining industry as classified by Fama & French. Fama and French focuses on testing asset pricing under different economic assumptions. Get More Thematic Ideas

Ero Copper January 20, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Ero Copper help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ero Copper Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ero Copper Corp based on widely used predictive technical indicators. In general, we focus on analyzing Ero Copper Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ero Copper's daily price indicators and compare them against related drivers.
Information Ratio(0.25)
Maximum Drawdown11.01
Value At Risk(5.31)
Potential Upside3.45
Continue to Investing Opportunities. 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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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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.