Eureka Interest Debt Per Share vs Operating Cash Flow Per Share Analysis
EURK Stock | 10.12 0.01 0.1% |
Eureka Acquisition financial indicator trend analysis is much more than just examining Eureka Acquisition Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eureka Acquisition Corp is a good investment. Please check the relationship between Eureka Acquisition Interest Debt Per Share and its Operating Cash Flow Per Share accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eureka Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Interest Debt Per Share vs Operating Cash Flow Per Share
Interest Debt Per Share vs Operating Cash Flow Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eureka Acquisition Corp Interest Debt Per Share account and Operating Cash Flow Per Share. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Eureka Acquisition's Interest Debt Per Share and Operating Cash Flow Per Share is -0.57. Overlapping area represents the amount of variation of Interest Debt Per Share that can explain the historical movement of Operating Cash Flow Per Share in the same time period over historical financial statements of Eureka Acquisition Corp, assuming nothing else is changed. The correlation between historical values of Eureka Acquisition's Interest Debt Per Share and Operating Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Debt Per Share of Eureka Acquisition Corp are associated (or correlated) with its Operating Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Cash Flow Per Share has no effect on the direction of Interest Debt Per Share i.e., Eureka Acquisition's Interest Debt Per Share and Operating Cash Flow Per Share go up and down completely randomly.
Correlation Coefficient | -0.57 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Interest Debt Per Share
Operating Cash Flow Per Share
A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.Building efficient market-beating portfolios requires time, education, and a lot of computing power!
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Try AI Portfolio ArchitectCheck out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eureka Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Trading space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eureka Acquisition. If investors know Eureka will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eureka Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Eureka Acquisition Corp is measured differently than its book value, which is the value of Eureka that is recorded on the company's balance sheet. Investors also form their own opinion of Eureka Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Eureka Acquisition's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eureka Acquisition's market value can be influenced by many factors that don't directly affect Eureka Acquisition's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eureka Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eureka Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eureka Acquisition'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.