Ero Copper Etf Price on June 25, 2022 Breakdown

ERO
 Etf
  

USD 11.27  0.43  3.97%   

As of today, the current price of Ero Copper is  11.27 , as last reported on the 14th of August 2022, with the highest price reaching  11.46  and the lowest price hitting  11.00  during the day.
We consider Ero Copper somewhat reliable. Ero Copper Corp secures Sharpe Ratio (or Efficiency) of 0.0163, which denotes the etf had 0.0163% of return per unit of risk over the last 3 months. Our standpoint towards predicting the volatility of an etf is to use all available market data together with etf-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Ero Copper Corp, which you can use to evaluate the future volatility of the entity. Please confirm Ero Copper Corp Coefficient Of Variation of 8644.49, downside deviation of 4.78, and Mean Deviation of 3.52 to check if the risk estimate we provide is consistent with the expected return of 0.073%.
  
The value of Net Income Common Stock is estimated to slide to about 172.3 M. The Price to Book Value is projected to slide to 3.09. The value of Price to Earnings Ratio is estimated to slide to 6.03. Ero Copper Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Most Recent Activity

Shares Float
76.1 M
Shares Outstanding
90.7 M
Shares Short Prior Month
256.9 K
Earnings Share
1.84
Shares Short
229.3 K
Revenue Per Share
5.53

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Ero Copper Valuation on June 25, 2022

It is possible to determine the worth of Ero Copper on a given historical date. On June 25, 2022 Ero Copper was worth 9.81 at the beginning of the trading date compared to the closed value of 9.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ero Copper etf. Still, in general, we apply an absolute valuation method to find Ero Copper's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Visa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ero Copper's related companies.
 Open High Low Close Volume
  9.74    10.16    9.68    9.97    62,187  
06/22/2022
  9.81    9.81    9.25    9.35    67,695  
  9.25    9.26    8.36    8.72    146,800  
Backtest Ero Copper  |  Ero Copper History  |  Ero Copper Valuation   PreviousNext  
Open Value 9.81
9.35
Closing Value
23.29
Upside

Ero Copper Trading Date Momentum on June 25, 2022

On June 23 2022 Ero Copper Corp was traded for  8.72  at the closing time. Highest Ero Copper's price during the trading hours was 9.26  and the lowest price during the day was  8.36 . The net volume was 146.8 K. The overall trading history on the 23rd of June contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 6.74% . The overall trading delta to current price is 11.34% .

Ero Copper Corp Fundamentals Correlations and Trends

By evaluating Ero Copper's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Ero Copper's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ero Copper financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Ero Copper Etf history

Ero Copper investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Ero Copper is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ero Copper Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Ero Copper historical stock prices may prove useful in developing a viable investing in Ero Copper
Last ReportedProjected for 2022
Weighted Average Shares88.6 M96.8 M
Weighted Average Shares Diluted91 M86.4 M
Issuance Purchase of Equity Shares5.5 M5.2 M
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 Etf Technical Analysis

Ero Copper technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Ero Copper technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ero Copper trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Ero Copper Period Price Range

Low
June 22, 2022
High

 9.81 

  

 9.35 

-0.46-4.69%

Ero Copper August 14, 2022 Market Strength

Market strength indicators help investors to evaluate how Ero Copper etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ero Copper shares will generate the highest return on investment. By undertsting and applying Ero Copper etf market strength indicators, traders can identify Ero Copper Corp entry and exit signals to maximize returns

Ero Copper Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Ero Copper stock's direction in advance. Along with the technical and fundamental analysis of Ero Copper Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ero Copper to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen stock market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Complementary Tools for Ero Copper Etf analysis

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.