Ero Copper Stock Price on August 14, 2022 Breakdown

ERO
 Stock
  

USD 11.99  0.73  6.48%   

As of today, the current price of Ero Copper is  11.99 , as last reported on the 4th of October, with the highest price reaching  12.04  and the lowest price hitting  11.41  during the day.
Ero Copper appears to be somewhat reliable, given 3 months investment horizon. Ero Copper Corp secures Sharpe Ratio (or Efficiency) of 0.14, which denotes the company had 0.14% of return per unit of risk over the last 3 months. Our standpoint towards predicting the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. By reviewing Ero Copper Corp technical indicators you can presently evaluate if the expected return of 0.64% is justified by implied risk. Please utilize Ero Copper's Downside Deviation of 4.23, mean deviation of 3.4, and Coefficient Of Variation of 828.0 to check if our risk estimates are consistent with your expectations.
  

Ero Copper Valuation on August 14, 2022

It is possible to determine the worth of Ero Copper on a given historical date. On August 14, 2022 Ero Copper was worth 11.14 at the beginning of the trading date compared to the closed value of 11.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ero Copper stock. 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
  10.48    11.08    10.48    11.02    67,100  
08/11/2022
  11.14    11.46    11.00    11.27    96,700  
  11.39    11.39    10.50    10.84    123,900  
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Open Value 11.14
11.27
Closing Value
24.81
Upside

Ero Copper Trading Date Momentum on August 14, 2022

On August 12 2022 Ero Copper Corp was traded for  10.84  at the closing time. Highest Ero Copper's price during the trading hours was 11.39  and the lowest price during the day was  10.50 . The net volume was 123.9 K. The overall trading history on the 12th of August 2022 contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 3.82% . The overall trading delta to current price is 11.62% .

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 Stock 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
Ero Copper Corp., a mining company, focuses on the production, exploration, and development of mining projects in Brazil. Ero Copper Corp. was incorporated in 2016 and is headquartered in Vancouver, Canada. Ero Copper operates under Copper classification in the United States and is traded on New York Stock Exchange. It employs 2457 people.

Ero Copper Stock Technical Analysis

Ero Copper technical stock 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
August 11, 2022
High

 11.14 

  

 11.27 

0.131.17%

Ero Copper October 4, 2022 Market Strength

Market strength indicators help investors to evaluate how Ero Copper stock 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 stock 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 Stock 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. You can also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary Tools for 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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Is Ero Copper's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ero Copper. If investors know Ero Copper will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ero Copper listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
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.