Veea Stock Chance of Future Stock Price Finishing Under 2.86
| VEEA Stock | 2.52 0.03 1.20% |
VEEA |
VEEA Target Price Odds to finish below 2.86
The tendency of VEEA Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under 2.86 after 90 days |
| 2.52 | 90 days | 2.86 | about 20.86 |
Based on a normal probability distribution, the odds of VEEA to stay under 2.86 after 90 days from now is about 20.86 (This VEEA probability density function shows the probability of VEEA Stock to fall within a particular range of prices over 90 days) . Probability of VEEA price to stay between its current price of 2.52 and 2.86 at the end of the 90-day period is under 4.
Given the investment horizon of 90 days VEEA has a beta of -2.4. This entails as returns on its benchmark rise, returns on holding VEEA are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, VEEA is expected to outperform its benchmark. Additionally VEEA has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. VEEA Price Density |
| Price |
Predictive Modules for VEEA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as VEEA. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of VEEA's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
VEEA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. VEEA is not an exception. The market had few large corrections towards the VEEA's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold VEEA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of VEEA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.96 | |
β | Beta against Dow Jones | -2.4 | |
σ | Overall volatility | 2.68 | |
Ir | Information ratio | -0.06 |
VEEA Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of VEEA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for VEEA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| VEEA generated a negative expected return over the last 90 days | |
| VEEA has high historical volatility and very poor performance | |
| VEEA was previously known as Plum Acquisition I and was traded on NASDAQ Exchange under the symbol PLMI. | |
| Latest headline from crypto-news.net: DeepGreenX and Veea Forge Strategic Partnership for AI-Driven Energy Grid Initiative |
VEEA Technical Analysis
VEEA's future price can be derived by breaking down and analyzing its technical indicators over time. VEEA Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of VEEA. In general, you should focus on analyzing VEEA Stock price patterns and their correlations with different microeconomic environments and drivers.
VEEA Predictive Forecast Models
VEEA's time-series forecasting models is one of many VEEA's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary VEEA's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about VEEA
Checking the ongoing alerts about VEEA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for VEEA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| VEEA generated a negative expected return over the last 90 days | |
| VEEA has high historical volatility and very poor performance | |
| VEEA was previously known as Plum Acquisition I and was traded on NASDAQ Exchange under the symbol PLMI. | |
| Latest headline from crypto-news.net: DeepGreenX and Veea Forge Strategic Partnership for AI-Driven Energy Grid Initiative |
Check out VEEA Backtesting, VEEA Valuation, VEEA Correlation, VEEA Hype Analysis, VEEA Volatility, VEEA History as well as VEEA Performance. For information on how to trade VEEA Stock refer to our How to Trade VEEA Stock guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Computers 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 VEEA. If investors know VEEA 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 VEEA 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 VEEA is measured differently than its book value, which is the value of VEEA that is recorded on the company's balance sheet. Investors also form their own opinion of VEEA's value that differs from its market value or its book value, called intrinsic value, which is VEEA'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 VEEA's market value can be influenced by many factors that don't directly affect VEEA'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 VEEA's value and its price as these two are different measures arrived at by different means. Investors typically determine if VEEA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VEEA'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.