Eureka Roe vs Free Cash Flow Per Share 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 Roe and its Free 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 industry.
Roe vs Free Cash Flow Per Share
Roe vs Free 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 Roe account and Free Cash Flow Per Share. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Eureka Acquisition's Roe and Free Cash Flow Per Share is 0.95. Overlapping area represents the amount of variation of Roe that can explain the historical movement of Free 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 Roe and Free 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 Roe of Eureka Acquisition Corp are associated (or correlated) with its Free Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Per Share has no effect on the direction of Roe i.e., Eureka Acquisition's Roe and Free Cash Flow Per Share go up and down completely randomly.
Correlation Coefficient | 0.95 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Roe
Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.Thematic Opportunities
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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.