Eureka Competitors

Stocks USA . 
Stock . Eureka Acquisition Corp
EURKU Stock   10.29  0.00  0.00%   
Eureka Acquisition Corp competes with Voyager Acquisition, YHN Acquisition, YHN Acquisition, CO2 Energy, and Vine Hill; as well as few others. The company classifies itself under Industrials sector and is part of Shell Companies industry. Analyzing Eureka Acquisition 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 Eureka Acquisition to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Eureka Acquisition Correlation with its peers.
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 Eureka Acquisition competition on your existing holdings.
  
Return On Tangible Assets is likely to drop to -53.14 in 2024. Return On Capital Employed is likely to drop to -0.26 in 2024. Return On Tangible Assets is likely to drop to -53.14 in 2024. Debt To Assets is likely to drop to 0.30 in 2024.
Specify up to 10 symbols:
Hype
Prediction
LowEstimatedHigh
9.5010.2911.08
Details
Intrinsic
Valuation
LowRealHigh
8.849.6310.42
Details
Naive
Forecast
LowNextHigh
9.4510.2511.04
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.2110.3110.41
Details

Eureka Acquisition Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Eureka Acquisition 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 Eureka 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 Eureka Acquisition Corp does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
DTSQ
+ 0.63
YHNAU
DPCS
+ 0.43
YHNAU
YHNAU
+ 0.38
VACH
NOEMU
+ 0.36
YHNAU
DTSQ
+ 0.28
VACH
DTSQ
+ 0.28
DPCS
  
High negative correlations   
VCIC
- 0.55
VACH
VCIC
- 0.5
YHNAU
NOVVU
- 0.45
DTSQ
BACQU
- 0.44
DTSQ
NOVVU
- 0.4
BRACR
BACQU
- 0.39
YHNAU

Risk-Adjusted Indicators

There is a big difference between Eureka Stock performing well and Eureka Acquisition Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Eureka Acquisition's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
VACH  0.10  0.00 (0.52) 0.25  0.05 
(0.18)
 0.20 
(0.20)
 1.09 
YHNAR  4.96 (0.76) 0.00 (1.23) 0.00 
 0.00 
 18.18 
(8.33)
 25.87 
YHNAU  0.08  0.01 (0.39) 0.19  0.00 
(0.17)
 0.20 
(0.10)
 0.89 
NOEMU  0.04 (0.01) 0.00 (1.23) 0.00 
 0.00 
 0.10 
(0.10)
 0.20 
VCIC  0.05  0.00  0.00  0.00  0.00 
 0.00 
 0.10 
(0.10)
 0.30 
DPCS  0.61  0.21  0.02 (0.42) 0.75 
(1.71)
 0.70 
(0.55)
 17.65 
DTSQ  0.05  0.01  0.00 (2.28) 0.00 
 0.00 
 0.10 
(0.10)
 0.50 
BRACR  5.97 (0.17) 0.00  0.05  9.01 
(14.19)
 16.67 
(15.38)
 67.84 
NOVVU  6.58  3.11  0.00  10.89  0.00 
 0.00 
 0.08 
(1.23)
 207.35 
BACQU  0.05 (0.01) 0.00 (0.78) 0.00 
 0.00 
 0.20 
(0.10)
 0.30 
All Fundamental Data

Eureka Acquisition Competitive Analysis

The better you understand Eureka Acquisition competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Eureka Acquisition'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 Eureka Acquisition'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
EURKU VACH YHNAR YHNAU NOEMU VCIC DPCS DTSQ BRACR NOVVU
 0.00 
 10.29 
Eureka
 0.1 
 10.02 
Voyager
 0.00 
 0.11 
YHN
 0.59 
 10.13 
YHN
 0.10 
 9.98 
CO2
 0.10 
 10.00 
Vine
 0.00 
 12.60 
DPCS
 0.1 
 10.06 
DTSQ
 0.00 
 0.13 
Broad
 0.00 
 41.00 
Nova
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Out of control
Very steady
Very steady
Very steady
Not too volatile
Very steady
Out of control
Relatively risky
Market Performance
(90 Days Performance)
Weak
Modest
Solid
Good
Very Weak
Solid
OK
Solid
Good
OK
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
Low
Low
Low
Dangerous
Quite High
Above Average
Dangerous
Current Valuation
(Equity Enterprise Value)
Over Valued
Fairly Valued
Over Valued
Over Valued
Fairly Valued
Fairly Valued
Over Valued
Fairly Valued
Over Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Hold
Cautious Hold
Strong Sell
Strong Sell
Cautious Hold
Strong Hold
Strong Sell
Hold
Strong Sell
Strong Buy
Current Ratio
N/A
N/A
N/A
N/A
N/A
N/A
14.06
N/A
N/A
23.32
Net Asset
N/A
N/A
N/A
N/A
N/A
N/A
44.72 M
2.97 K
50.82 M
17.94 M
EBITDA
N/A
N/A
N/A
N/A
N/A
N/A
3.79 M
(4.22 K)
142.52 K
146.88 K
Current Valuation
12.83 M
N/A
N/A
N/A
N/A
N/A
95.69 M
N/A
N/A
147.42 M
Price To Book
N/A
N/A
N/A
N/A
N/A
N/A
25.49
N/A
N/A
N/A
Retained Earnings
N/A
N/A
N/A
N/A
N/A
N/A
(13.34 M)
(5.79 K)
(9.74 M)
(2.96 M)
Beta
N/A
N/A
N/A
N/A
N/A
N/A
0.029
N/A
-0.008
0.3
Number Of Employees
N/A
N/A
N/A
N/A
2
N/A
3
N/A
N/A
1
Shares Outstanding
6.67 M
N/A
N/A
N/A
N/A
N/A
7.25 M
N/A
N/A
N/A
Cash Flow From Operations
N/A
N/A
N/A
N/A
N/A
N/A
(536.66 K)
N/A
(1.77 M)
(569.87 K)
Total Debt
N/A
N/A
N/A
N/A
N/A
N/A
4.6 M
8.76 K
3.66 M
2 M
Return On Equity
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
-0.0309
Number Of Shares Shorted
274
N/A
N/A
N/A
N/A
N/A
416
N/A
26.03 K
2.41 K
Book Value Per Share
-0.051
N/A
N/A
N/A
N/A
N/A
-1.36
N/A
-1.3
-0.89
Return On Asset
N/A
N/A
N/A
N/A
N/A
N/A
-0.0269
N/A
-0.043
-0.0275
Total Asset
N/A
N/A
N/A
N/A
N/A
N/A
44.72 M
2.97 K
50.82 M
17.94 M
Debt To Equity
N/A
N/A
N/A
N/A
N/A
N/A
5.5
N/A
N/A
0.01
Short Ratio
N/A
N/A
N/A
N/A
N/A
N/A
0.48
N/A
N/A
2.66
Shares Owned By Institutions
N/A
N/A
N/A
N/A
N/A
N/A
64.14
N/A
N/A
N/A
Market Capitalization
67.27 M
N/A
N/A
N/A
N/A
N/A
91.35 M
N/A
N/A
N/A
Net Income
N/A
N/A
N/A
N/A
N/A
N/A
3.79 M
(4.22 K)
(513.92 K)
146.88 K
Earnings Per Share
N/A
N/A
N/A
N/A
N/A
N/A
0.01
N/A
N/A
N/A
Revenue
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
897.55 K
Working Capital
N/A
N/A
N/A
N/A
N/A
N/A
(692.82 K)
(5.79 K)
N/A
(2.21 M)
Cash And Equivalents
N/A
N/A
N/A
N/A
N/A
N/A
1.19 M
N/A
N/A
567.98 K
Cash Per Share
N/A
N/A
N/A
N/A
N/A
N/A
0.04
N/A
N/A
0.08
Day Typical Price
10.29
10.02
0.11
10.12
9.98
10.01
12.6
10.06
0.13
41.0
Accumulation Distribution
N/A
N/A
N/A
0.003
N/A
0.002
N/A
N/A
N/A
N/A
Market Facilitation Index
N/A
N/A
N/A
0.03
N/A
0.02
N/A
N/A
N/A
N/A
Daily Balance Of Power
0.0
9.2 T
0.0
(2.00)
(9,223,372,036,855)
0.5
0.0
9.2 T
0.0
0.0
Period Momentum Indicator
N/A
0.01
N/A
(0.06)
(0.01)
0.01
N/A
0.01
N/A
N/A
Rate Of Daily Change
1.0
1.0
1.0
0.99
1.0
1.0
1.0
1.0
1.0
1.0
Day Median Price
10.29
10.02
0.11
10.12
9.98
10.01
12.6
10.06
0.13
41.0
Price Action Indicator
N/A
0.005
N/A
(0.01)
(0.01)
(0.01)
N/A
0.005
N/A
N/A
Coefficient Of Variation
4754.46
1334.25
(1,180)
674.06
354083.75
402.32
1046.48
437.53
8812.62
813.74
Mean Deviation
0.2129
0.0978
4.96
0.0775
0.0401
0.0538
0.6143
0.049
5.97
6.58
Jensen Alpha
0.0028
0.0011
(0.76)
0.0054
(0.01)
N/A
0.2054
0.0077
(0.17)
3.11
Total Risk Alpha
(0.11)
(0.02)
(1.92)
(0.01)
(0.02)
(0)
(0.11)
(0)
(1.52)
(0.72)
Sortino Ratio
(0.06)
(0.52)
N/A
(0.39)
N/A
N/A
0.0188
N/A
(0.0001)
N/A
Downside Variance
3.66
0.0472
N/A
0.0677
N/A
N/A
5.8
N/A
376.66
N/A
Standard Deviation
0.7725
0.1606
8.1
0.1592
0.0708
0.0734
1.79
0.0757
10.84
25.64
Kurtosis
24.66
5.39
3.91
19.75
2.0
0.7127
31.68
5.66
3.75
64.75
Potential Upside
0.2944
0.2004
18.18
0.1982
0.1002
0.1004
0.6987
0.1003
16.67
0.077
Treynor Ratio
0.2118
0.2484
(1.23)
0.1906
(1.23)
N/A
(0.42)
(2.28)
0.0455
10.89
Maximum Drawdown
8.24
1.09
25.87
0.8911
0.2003
0.3007
17.65
0.4978
67.84
207.35
Variance
0.5967
0.0258
65.55
0.0253
0.005
0.0054
3.19
0.0057
117.5
657.33
Market Risk Adjusted Performance
0.2218
0.2584
(1.22)
0.2006
(1.22)
N/A
(0.41)
(2.27)
0.0555
10.9
Risk Adjusted Performance
0.0162
0.0197
(0.06)
0.0755
(0.1)
0.0961
0.0789
0.084
0.018
0.1039
Skewness
0.2678
0.511
1.66
2.04
0.0021
0.4991
4.18
(0.85)
(0.58)
8.01
Semi Deviation
0.5467
0.047
N/A
0.0
N/A
N/A
0.7516
N/A
9.01
N/A
Information Ratio
(0.14)
(0.71)
(0.10)
(0.64)
(1.77)
(1.46)
0.0254
(1.43)
(0.0002)
0.118
Value At Risk
(0.1)
(0.20)
(8.33)
(0.1)
(0.10)
(0.10)
(0.55)
(0.1)
(15.38)
(1.23)
Expected Short fall
(1.02)
(0.18)
N/A
(0.17)
N/A
N/A
(1.71)
N/A
(14.19)
N/A
Downside Deviation
1.91
0.2173
N/A
0.2602
N/A
N/A
2.41
N/A
19.41
N/A
Semi Variance
0.2989
0.0022
N/A
(0.01)
N/A
N/A
0.565
N/A
81.12
N/A

Eureka Acquisition Competition Performance Charts

Five steps to successful analysis of Eureka Acquisition Competition

Eureka Acquisition's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Eureka Acquisition Corp in relation to its competition. Eureka Acquisition's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Eureka Acquisition in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Eureka Acquisition's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Eureka Acquisition Corp, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Eureka Acquisition position

In addition to having Eureka Acquisition 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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Fabricated Products Theme
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Additional Tools for Eureka Stock Analysis

When running Eureka Acquisition's price analysis, check to measure Eureka Acquisition'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 Eureka Acquisition is operating at the current time. Most of Eureka Acquisition's value examination focuses on studying past and present price action to predict the probability of Eureka Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eureka Acquisition's price. Additionally, you may evaluate how the addition of Eureka Acquisition to your portfolios can decrease your overall portfolio volatility.
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