Eureka Acquisition Corp Stock Today

EURK Stock   10.10  0.02  0.20%   

Performance

11 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 9

 
High
 
Low
Low
Eureka Acquisition is selling for 10.10 as of the 10th of November 2024. This is a 0.20 percent increase since the beginning of the trading day. The stock's last reported lowest price was 10.1. Eureka Acquisition has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Eureka Acquisition Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 11th of October 2024 and ending today, the 10th of November 2024. Click here to learn more.
IPO Date
12th of September 2024
Category
Financial Services
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

Eureka Stock Highlights

Chairman CEOFen Zhang
Business ConcentrationTrading, Shell Companies, Financial Services, Shell Companies, Financial Services (View all Sectors)
Eureka Acquisition Corp (EURK) is traded on NASDAQ Exchange in USA. It is located in 89 Nexus Way, Grand Cayman, Cayman Islands, KY1-9009 and employs 2 people. Eureka Acquisition is listed under Trading category by Fama And French industry classification. The company conducts business under Financial Services sector and is part of Shell Companies industry.
Check Eureka Acquisition Probability Of Bankruptcy

Eureka Acquisition Corp Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Eureka Acquisition market risk premium is the additional return an investor will receive from holding Eureka Acquisition long position in a well-diversified portfolio.

Eureka Stock Against Markets

When determining whether Eureka Acquisition Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Eureka Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Eureka Acquisition Corp Stock. Highlighted below are key reports to facilitate an investment decision about Eureka Acquisition Corp Stock:
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.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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.