Veea Stock Price on October 16, 2024

VEEA Stock   2.52  0.03  1.20%   
If you're considering investing in VEEA Stock, it is important to understand the factors that can impact its price. As of today, the current price of VEEA stands at 2.52, as last reported on the 23rd of November, with the highest price reaching 2.63 and the lowest price hitting 2.13 during the day. VEEA owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0574, which indicates the firm had a -0.0574% return per unit of volatility over the last 3 months. VEEA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate VEEA's variance of 455.18, and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide.
  
VEEA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0574

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Estimated Market Risk

 21.13
  actual daily
96
96% of assets are less volatile

Expected Return

 -1.21
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average VEEA is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of VEEA by adding VEEA to a well-diversified portfolio.

Related Headline

VNET Group Headline on 16th of October 2024

Chinese stocks listed in the U.S. showed strong performance as the Nasdaq Golden Dragon China Index increased by over 2. Among the constituents, 21Vianet Group

VEEA Valuation on October 16, 2024

It is possible to determine the worth of VEEA on a given historical date. On October 16, 2024 VEEA was worth 3.15 at the beginning of the trading date compared to the closed value of 3.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VEEA stock. Still, in general, we apply an absolute valuation method to find VEEA's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of VEEA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VEEA's related companies.
 Open High Low Close Volume
  3.09    3.20    3.06    3.10    110,100  
10/16/2024
  3.15    3.68    3.15    3.68    405,600  
  4.23    5.16    3.86    3.99    498,000  
Backtest VEEA  |  VEEA History  |  VEEA Valuation   PreviousNext  
Open Value
3.15
3.68
Closing Value
66.54
Upside

VEEA Trading Date Momentum on October 16, 2024

On October 17 2024 VEEA was traded for  3.99  at the closing time. The top price for the day was 5.16  and the lowest listed price was  3.86 . The trading volume for the day was 498 K. The trading history from October 17, 2024 was a factor to the next trading day price jump. The trading price change against the next closing price was 8.42% . The trading price change against the current closing price is 18.21% .

About VEEA Stock history

VEEA investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for VEEA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in VEEA will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing VEEA stock prices may prove useful in developing a viable investing in VEEA

VEEA Stock Technical Analysis

VEEA technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of VEEA technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of VEEA trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

VEEA Period Price Range

Low
November 23, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

VEEA cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

VEEA November 23, 2024 Market Strength

Market strength indicators help investors to evaluate how VEEA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading VEEA shares will generate the highest return on investment. By undertsting and applying VEEA stock market strength indicators, traders can identify VEEA entry and exit signals to maximize returns

VEEA Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for VEEA's price direction in advance. Along with the technical and fundamental analysis of VEEA Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of VEEA to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary 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.
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