Eureka Acquisition Corp Stock Alpha and Beta Analysis
| EURK Stock | 10.12 0.01 0.1% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Eureka Acquisition Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Eureka Acquisition over a specified time horizon. Remember, high Eureka Acquisition's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Eureka Acquisition's market risk premium analysis include:
Beta (0.01) | Alpha 0.007842 | Risk 133.63 | Sharpe Ratio 0.13 | Expected Return 17.87 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Eureka |
Eureka Acquisition Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Eureka Acquisition market risk premium is the additional return an investor will receive from holding Eureka Acquisition long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Eureka Acquisition. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Eureka Acquisition's performance over market.| α | 0.01 | β | -0.01 |
Eureka Acquisition expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Eureka Acquisition's Buy-and-hold return. Our buy-and-hold chart shows how Eureka Acquisition performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Eureka Acquisition Market Price Analysis
Market price analysis indicators help investors to evaluate how Eureka Acquisition stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eureka Acquisition shares will generate the highest return on investment. By understating and applying Eureka Acquisition stock market price indicators, traders can identify Eureka Acquisition position entry and exit signals to maximize returns.
Eureka Acquisition Return and Market Media
The median price of Eureka Acquisition for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 10.07 with a coefficient of variation of 13.74. The daily time series for the period is distributed with a sample standard deviation of 1.36, arithmetic mean of 9.89, and mean deviation of 0.36. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Varun Beverages shares rise over 4 percent ahead of stock split record date - Business Standard | 09/12/2024 |
2 | Cowen and Company, LLC Acquires New Stake in Eureka Acquisition Corp | 11/13/2024 |
3 | First Trust Capital Management L.P. Acquires New Stake in Eureka Acquisition Corp | 11/15/2024 |
About Eureka Acquisition Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Eureka or other stocks. Alpha measures the amount that position in Eureka Acquisition Corp has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Eureka Acquisition in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Eureka Acquisition's short interest history, or implied volatility extrapolated from Eureka Acquisition options trading.
Build Portfolio with Eureka Acquisition
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Align your risk with return expectations
Check out Eureka Acquisition Backtesting, Eureka Acquisition Valuation, Eureka Acquisition Correlation, Eureka Acquisition Hype Analysis, Eureka Acquisition Volatility, Eureka Acquisition History and analyze Eureka Acquisition Performance. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Eureka Acquisition 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.