Ero Copper Corp Stock Market Value

ERO Stock  CAD 20.01  0.21  1.06%   
Ero Copper's market value is the price at which a share of Ero Copper trades on a public exchange. It measures the collective expectations of Ero Copper Corp investors about its performance. Ero Copper is selling at 20.01 as of the 23rd of July 2025; that is 1.06% increase since the beginning of the trading day. The stock's open price was 19.8.
With this module, you can estimate the performance of a buy and hold strategy of Ero Copper Corp and determine expected loss or profit from investing in Ero Copper over a given investment horizon. Check out Ero Copper Correlation, Ero Copper Volatility and Ero Copper Alpha and Beta module to complement your research on Ero Copper.
Symbol

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 if Ero Copper is a good investment 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 Copper 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Ero Copper's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Ero Copper.
0.00
04/24/2025
No Change 0.00  0.0 
In 2 months and 31 days
07/23/2025
0.00
If you would invest  0.00  in Ero Copper on April 24, 2025 and sell it all today you would earn a total of 0.00 from holding Ero Copper Corp or generate 0.0% return on investment in Ero Copper over 90 days. Ero Copper is related to or competes with SSR Mining, MAG Silver, Pan American, and Interfor Corp. Ero Copper Corp., a base metals mining company, focuses on the production and sale of copper in Brazil More

Ero Copper Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Ero Copper's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Ero Copper Corp upside and downside potential and time the market with a certain degree of confidence.

Ero Copper Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Ero Copper's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ero Copper's standard deviation. In reality, there are many statistical measures that can use Ero Copper historical prices to predict the future Ero Copper's volatility.
Hype
Prediction
LowEstimatedHigh
16.8620.0223.18
Details
Intrinsic
Valuation
LowRealHigh
17.0820.2423.40
Details
Naive
Forecast
LowNextHigh
15.9419.1122.27
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
13.4219.9426.45
Details

Ero Copper Corp Backtested Returns

Ero Copper appears to be not too volatile, given 3 months investment horizon. Ero Copper Corp secures Sharpe Ratio (or Efficiency) of 0.084, which denotes the company had a 0.084 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Ero Copper Corp, which you can use to evaluate the volatility of the firm. Please utilize Ero Copper's Coefficient Of Variation of 1189.85, mean deviation of 2.15, and Downside Deviation of 2.72 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Ero Copper holds a performance score of 6. The firm shows a Beta (market volatility) of -0.2, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ero Copper are expected to decrease at a much lower rate. During the bear market, Ero Copper is likely to outperform the market. Please check Ero Copper's sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to make a quick decision on whether Ero Copper's price patterns will revert.

Auto-correlation

    
  -0.48  

Modest reverse predictability

Ero Copper Corp has modest reverse predictability. Overlapping area represents the amount of predictability between Ero Copper time series from 24th of April 2025 to 8th of June 2025 and 8th of June 2025 to 23rd of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Ero Copper Corp price movement. The serial correlation of -0.48 indicates that about 48.0% of current Ero Copper price fluctuation can be explain by its past prices.
Correlation Coefficient-0.48
Spearman Rank Test-0.52
Residual Average0.0
Price Variance1.44

Ero Copper Corp lagged returns against current returns

Autocorrelation, which is Ero Copper stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Ero Copper's stock expected returns. We can calculate the autocorrelation of Ero Copper returns to help us make a trade decision. For example, suppose you find that Ero Copper has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Ero Copper regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Ero Copper stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ero Copper stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ero Copper stock over time.
   Current vs Lagged Prices   
       Timeline  

Ero Copper Lagged Returns

When evaluating Ero Copper's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ero Copper stock have on its future price. Ero Copper autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Ero Copper autocorrelation shows the relationship between Ero Copper stock current value and its past values and can show if there is a momentum factor associated with investing in Ero Copper Corp.
   Regressed Prices   
       Timeline  

Pair Trading with Ero Copper

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ero Copper position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ero Copper will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ero Stock

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Moving against Ero Stock

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The ability to find closely correlated positions to Ero Copper could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ero Copper when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ero Copper - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ero Copper Corp to buy it.
The correlation of Ero Copper is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ero Copper moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ero Copper Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ero Copper can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Ero Copper Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ero Copper's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ero Copper Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ero Copper Corp Stock:
Check out Ero Copper Correlation, Ero Copper Volatility and Ero Copper Alpha and Beta module to complement your research on Ero Copper.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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...