Veea Inc Stock Price on September 18, 2024

VEEAW Stock   0.14  0.03  15.62%   
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 0.14, as last reported on the 12th of December 2024, with the highest price reaching 0.15 and the lowest price hitting 0.14 during the day. Veea is out of control given 3 months investment horizon. Veea Inc owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We were able to analyze twenty-eight different technical indicators, which can help you to evaluate if expected returns of 2.0% are justified by taking the suggested risk. Use Veea Inc Coefficient Of Variation of 578.49, semi deviation of 14.43, and Risk Adjusted Performance of 0.1346 to evaluate company specific risk that cannot be diversified away.
  
Veea Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1145

Best PortfolioBest Equity
Good Returns
Average ReturnsVEEAW
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 17.45
  actual daily
96
96% of assets are less volatile

Expected Return

 2.0
  actual daily
39
61% of assets have higher returns

Risk-Adjusted Return

 0.11
  actual daily
9
91% of assets perform better
Based on monthly moving average Veea is performing at about 9% of its full potential. 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 it to a well-diversified portfolio.

Related Headline

Data Storage Headline on 18th of September 2024

Filed transaction by Data Storage Corp Director. Grant, award or other acquisition pursuant to Rule 16b-3

Veea Valuation on September 18, 2024

It is possible to determine the worth of Veea on a given historical date. On September 18, 2024 Veea was worth 0.25 at the beginning of the trading date compared to the closed value of 0.19. 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
  0.18    0.25    0.14    0.25    9,752  
09/18/2024
  0.25    0.29    0.11    0.19    550,701  
  0.25    0.25    0.20    0.21    117,308  
Backtest Veea  |  Veea History  |  Veea Valuation   PreviousNext  
Open Value
0.25
0.19
Closing Value
52.60
Upside

Veea Trading Date Momentum on September 18, 2024

On September 19 2024 Veea Inc was traded for  0.21  at the closing time. The highest daily price throughout the period was 0.25  and the lowest price was  0.20 . The daily volume was 117.3 K. The net trading volume on 09/19/2024 added to the next day price increase. The trading price change to closing price of the next trading day was 10.53% . The trading price change to current closing price is 26.32% .

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 Inc 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
December 12, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Veea Inc 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 December 12, 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 Inc 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.

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.