Eureka Acquisition Corp Stock Price on November 14, 2024
| EURKU Stock | 10.29 0.03 0.29% |
If you're considering investing in Eureka Stock, it is important to understand the factors that can impact its price. As of today, the current price of Eureka Acquisition stands at 10.29, as last reported on the 24th of November, with the highest price reaching 10.29 and the lowest price hitting 10.29 during the day. Currently, Eureka Acquisition Corp is very steady. Eureka Acquisition Corp secures Sharpe Ratio (or Efficiency) of 0.0212, which denotes the company had a 0.0212% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Eureka Acquisition Corp, which you can use to evaluate the volatility of the firm. Please confirm Eureka Acquisition's Downside Deviation of 1.75, coefficient of variation of 5234.78, and Mean Deviation of 0.2158 to check if the risk estimate we provide is consistent with the expected return of 0.0165%.
Eureka Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Eureka |
Sharpe Ratio = 0.0212
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Estimated Market Risk
| 0.78 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Eureka Acquisition is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Eureka Acquisition by adding it to a well-diversified portfolio.
Book Value (0.05) | Enterprise Value 12.8 M | Shares Outstanding 6.7 M | Shares Short Prior Month 274 | Market Capitalization 67.3 M |
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Eureka Acquisition Valuation on November 14, 2024
It is possible to determine the worth of Eureka Acquisition on a given historical date. On November 14, 2024 Eureka was worth 10.26 at the beginning of the trading date compared to the closed value of 10.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Eureka Acquisition stock. Still, in general, we apply an absolute valuation method to find Eureka Acquisition'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 Eureka Acquisition where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Eureka Acquisition's related companies.
| Open | High | Low | Close | Volume | |
| 10.40 | 10.40 | 10.26 | 10.26 | 2,701 | |
11/14/2024 | 10.26 | 10.26 | 10.26 | 10.26 | 1.00 |
| 10.40 | 10.40 | 10.29 | 10.29 | 301.00 |
| Backtest Eureka Acquisition | | | Eureka Acquisition History | | | Eureka Acquisition Valuation | Previous | Next |
Eureka Acquisition Trading Date Momentum on November 14, 2024
| On November 15 2024 Eureka Acquisition Corp was traded for 10.29 at the closing time. The highest daily price throughout the period was 10.40 and the lowest price was 10.29 . The daily volume was 301. The net trading volume on 11/15/2024 added to the next day price appreciation. The overall trading delta to closing price of the next trading day was 0.29% . The overall trading delta to current closing price is 0.29% . |
Eureka Acquisition Corp Fundamentals Correlations and Trends
By evaluating Eureka Acquisition'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 Eureka Acquisition's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Eureka financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Eureka Acquisition Stock history
Eureka Acquisition 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 Eureka is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Eureka Acquisition 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 Eureka Acquisition stock prices may prove useful in developing a viable investing in Eureka Acquisition
Eureka Acquisition Stock Technical Analysis
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.
Price Boundaries
Eureka Acquisition Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Eureka Acquisition Corp cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Eureka Acquisition November 24, 2024 Market Strength
Market strength 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 undertsting and applying Eureka Acquisition stock market strength indicators, traders can identify Eureka Acquisition Corp entry and exit signals to maximize returns
Eureka Acquisition Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Eureka Acquisition's price direction in advance. Along with the technical and fundamental analysis of Eureka Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Eureka 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 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.
| Risk Adjusted Performance | 0.0147 | |||
| Jensen Alpha | 0.0142 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | (0.06) |
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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.