Eureka Book Value Per Share vs Ev To Free Cash Flow Analysis
| EURKU Stock | 10.29 0.00 0.00% |
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 Book Value Per Share and its Ev To Free Cash Flow 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 industry.
Book Value Per Share vs Ev To Free Cash Flow
Book Value Per Share vs Ev To Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eureka Acquisition Corp Book Value Per Share account and Ev To Free Cash Flow. At this time, the significance of the direction appears to have pay attention.
The correlation between Eureka Acquisition's Book Value Per Share and Ev To Free Cash Flow is -0.79. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Ev To Free Cash Flow 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 Book Value Per Share and Ev To Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Eureka Acquisition Corp are associated (or correlated) with its Ev To Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Free Cash Flow has no effect on the direction of Book Value Per Share i.e., Eureka Acquisition's Book Value Per Share and Ev To Free Cash Flow go up and down completely randomly.
Correlation Coefficient | -0.79 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Ev To Free Cash Flow
A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.Thematic Opportunities
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