Veea Inc Stock Chance of Future Stock Price Finishing Over 0.1497
| VEEAW Stock | 0.14 0.01 9.38% |
Veea |
Veea Target Price Odds to finish over 0.1497
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 move over 0.15 or more in 90 days |
| 0.14 | 90 days | 0.15 | about 55.38 |
Based on a normal probability distribution, the odds of Veea to move over 0.15 or more in 90 days from now is about 55.38 (This Veea Inc probability density function shows the probability of Veea Stock to fall within a particular range of prices over 90 days) . Probability of Veea Inc price to stay between its current price of 0.14 and 0.15 at the end of the 90-day period is about 5.28 .
Assuming the 90 days horizon Veea Inc has a beta of -2.04. This entails as returns on its benchmark rise, returns on holding Veea Inc are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Veea is expected to outperform its benchmark. In addition to that Veea Inc has an alpha of 4.4416, implying that it can generate a 4.44 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). 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 Inc. 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.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 Inc, 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 | 4.44 | |
β | Beta against Dow Jones | -2.04 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | 0.17 |
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 Inc 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 Inc is way too risky over 90 days horizon | |
| Veea Inc has some characteristics of a very speculative penny stock | |
| Veea Inc appears to be risky and price may revert if volatility continues | |
| Veea Inc was previously known as Plum Acquisition Corp and was traded on NASDAQ Exchange under the symbol PLMIW. | |
| Latest headline from news.google.com: Veea Inc. announced that it expects to receive 25 million in funding from White Lion Capital Llc - Marketscreener.com |
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 Inc. 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 Inc
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 Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Veea Inc is way too risky over 90 days horizon | |
| Veea Inc has some characteristics of a very speculative penny stock | |
| Veea Inc appears to be risky and price may revert if volatility continues | |
| Veea Inc was previously known as Plum Acquisition Corp and was traded on NASDAQ Exchange under the symbol PLMIW. | |
| Latest headline from news.google.com: Veea Inc. announced that it expects to receive 25 million in funding from White Lion Capital Llc - Marketscreener.com |
Additional Tools for Veea Stock Analysis
When running Veea's price analysis, check to measure Veea'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 Veea is operating at the current time. Most of Veea's value examination focuses on studying past and present price action to predict the probability of Veea's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Veea's price. Additionally, you may evaluate how the addition of Veea to your portfolios can decrease your overall portfolio volatility.