Eureka Acquisition Corp Stock Performance
| EURKU Stock | 10.32 0.00 0.00% |
The firm shows a Beta (market volatility) of -0.004, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Eureka Acquisition are expected to decrease at a much lower rate. During the bear market, Eureka Acquisition is likely to outperform the market. At this point, Eureka Acquisition Corp has a negative expected return of -0.0127%. Please make sure to confirm Eureka Acquisition's information ratio and day median price , to decide if Eureka Acquisition Corp performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Eureka Acquisition Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable forward-looking signals, Eureka Acquisition is not utilizing all of its potentials. The recent stock price uproar, may contribute to short-horizon losses for the private investors. ...more
Actual Historical Performance (%)
Five Day Return (0.1) | Year To Date Return 0.19 | Ten Year Return 2.59 | All Time Return 2.59 |
1 | Eureka Group Director Increases Indirect Stake with Share Acquisition - TipRanks | 11/19/2024 |
2 | 225,000 Shares in Eureka Acquisition Corp Bought by Rivernorth Capital Management LLC | 12/13/2024 |
| Free Cash Flow | -282.5 K |
Eureka |
Eureka Acquisition Relative Risk vs. Return Landscape
If you would invest 1,040 in Eureka Acquisition Corp on October 25, 2024 and sell it today you would lose (8.00) from holding Eureka Acquisition Corp or give up 0.77% of portfolio value over 90 days. Eureka Acquisition Corp is currently producing negative expected returns and takes up 0.1829% volatility of returns over 90 trading days. Put another way, 1% of traded stocks are less volatile than Eureka, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Eureka Acquisition Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eureka Acquisition's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Eureka Acquisition Corp, and traders can use it to determine the average amount a Eureka Acquisition's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0695
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| Negative Returns | EURKU |
Estimated Market Risk
| 0.18 actual daily | 1 99% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Eureka Acquisition is not performing at its full potential. However, 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 Eureka Acquisition to a well-diversified portfolio.
Eureka Acquisition Fundamentals Growth
Eureka Stock prices reflect investors' perceptions of the future prospects and financial health of Eureka Acquisition, and Eureka Acquisition fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Eureka Stock performance.
| Current Valuation | 12.83 M | ||||
| Shares Outstanding | 6.67 M | ||||
| EBITDA | (354.07 K) | ||||
| Net Income | 255.72 K | ||||
| Total Debt | 49.72 K | ||||
| Book Value Per Share | (0.05) X | ||||
| Cash Flow From Operations | (282.51 K) | ||||
| Market Capitalization | 67.27 M | ||||
| Total Asset | 58.84 M | ||||
| Retained Earnings | 250.4 K | ||||
| Working Capital | 684.47 K | ||||
About Eureka Acquisition Performance
Assessing Eureka Acquisition's fundamental ratios provides investors with valuable insights into Eureka Acquisition's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Eureka Acquisition is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Capital Employed | (0.01) | (0.01) | |
| Return On Equity | 0.08 | 0.08 |
Things to note about Eureka Acquisition Corp performance evaluation
Checking the ongoing alerts about Eureka Acquisition for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Eureka Acquisition Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Eureka Acquisition generated a negative expected return over the last 90 days | |
| Eureka Acquisition generates negative cash flow from operations |
- Analyzing Eureka Acquisition's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Eureka Acquisition's stock is overvalued or undervalued compared to its peers.
- Examining Eureka Acquisition's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Eureka Acquisition's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Eureka Acquisition's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Eureka Acquisition's stock. These opinions can provide insight into Eureka Acquisition's potential for growth and whether the stock is currently undervalued or overvalued.
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.