Veeco Instruments Stock Market Value
| VECO Stock | USD 49.74 -1.99 -3.85% |
| Symbol | Veeco |
Quarterly Earnings Growth -92.9% | Earnings Share 0.59 | Revenue Per Share | Quarterly Revenue Growth -9.4% | Return On Assets |
Veeco Instruments can be assessed through both market valuation and accounting book value, which often tell different stories. Veeco Instruments' market capitalization is 3.12 B. At P/B 3.53, Veeco Instruments trades at a significant premium to book value. Enterprise value (TTM) stands at 2.99 B. Intrinsic value provides a third perspective, grounded in fundamentals rather than accounting convention or market sentiment.
For Veeco Instruments, intrinsic value is a model-driven estimate while price is a market-driven observation. For Veeco Instruments, key inputs include a P/E ratio of 22.71, a P/B ratio of 3.53, a profit margin of 5.59%, and ROE of 4.2%.
What-If Analysis
Running a what-if backtest on Veeco Instruments provides a practical way to test how changes in horizon, position size, or market timing might have affected the result. Comparing realized return, risk, and path dependency instead of focusing only on the best historical outcome gives a more complete picture.
| 01/27/2026 |
| 04/27/2026 |
A 0.00 entry into Veeco Instruments on January 27, 2026 held to the present would record 0.00 in aggregate return. The outcome is a 0.0% net return in Veeco Instruments in aggregate over the 90 day interval. Comparable stock peers for Veeco Instruments include Himax Technologies, NLIGHT, Photronics, Applied Opt, DoubleVerify Holdings, Evertec, and Progress Software. Veeco Instruments Inc., together with its subsidiaries, develops, manufactures, sells, and supports semiconductor and th... More
Veeco Instruments Upside and Downside Indicators Signals
Directional momentum for Veeco Instruments is captured through indicators that track upside and downside price ranges. Momentum distribution across the range reveals whether the current trend is accelerating or fading.
| Downside Deviation | 3.92 | |||
| Information Ratio | 0.1935 | |||
| Maximum Drawdown | 20.62 | |||
| Value At Risk | -4.66 | |||
| Potential Upside | 7.77 |
Veeco Instruments Market Risk Indicators Dashboard
Veeco Instruments market risk signals reflect the scope and pattern of historical return variability. Value-at-risk estimates translate volatility into a probability-weighted loss threshold for a given confidence level.| Risk Adjusted Performance | 0.1912 | |||
| Jensen Alpha | 0.75 | |||
| Total Risk Alpha | 0.7526 | |||
| Sortino Ratio | 0.1913 | |||
| Treynor Ratio | 0.5211 |
Mean reversion setups in Veeco Instruments emerge when price has deviated materially from its long-run average. Sentiment extremes, news events, or liquidity shocks are common catalysts for these temporary dislocations in Veeco Instruments. Prices periodically overshoot their intrinsic value in both directions, creating mean reversion opportunities in Veeco Instruments. The mean reversion signal gains reliability when combined with fundamental confirmation for Veeco Instruments.
Technical Indicators
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| Risk Adjusted Performance | 0.1912 | |||
| Market Risk Adjusted Performance | 0.5311 | |||
| Mean Deviation | 2.8 | |||
| Semi Deviation | 3.42 | |||
| Downside Deviation | 3.92 | |||
| Coefficient Of Variation | 510.61 | |||
| Standard Deviation | 3.87 | |||
| Variance | 15.0 | |||
| Information Ratio | 0.1935 | |||
| Jensen Alpha | 0.75 | |||
| Total Risk Alpha | 0.7526 | |||
| Sortino Ratio | 0.1913 | |||
| Treynor Ratio | 0.5211 | |||
| Maximum Drawdown | 20.62 | |||
| Value At Risk | -4.66 | |||
| Potential Upside | 7.77 | |||
| Downside Variance | 15.35 | |||
| Semi Variance | 11.71 | |||
| Expected Short fall | -3.13 | |||
| Skewness | -0.59 | |||
| Kurtosis | 3.1 |
Veeco Instruments Backtested Returns
Over the selected 3 months, Veeco Instruments demonstrates a low volatility profile. It exhibits a Sharpe Ratio (Efficiency) of 0.19, highlighting adjusted efficiency metrics. We identified twenty-nine technical indicators influencing the company's volatility profile. Please analyze metrics such as Coefficient Of Variation of 510.61, semi deviation of 3.42, and risk-adjusted performance of 0.1912 to assess dispersion and downside exposure. On a scale of 0 to 100, Veeco Instruments holds a performance score of 14. The firm secures a Beta (Market Sensitivity) of 1.44, which conveys elevated sensitivity to broad market movements. With a beta above 1, Veeco Instruments typically delivers outsized gains in rising markets at the cost of steeper drawdowns.
Auto-correlation | -0.04 |
Very weak reverse predictability
Veeco Instruments shows very weak reverse predictability when comparing price series from 27th of January 2026 to 13th of March 2026 against from 13th of March 2026 to 27th of April 2026. A strong serial relationship would imply that Veeco Instruments's recent trajectory contains information about its near-term direction. With a serial correlation of -0.04, only as little as 4.0% of Veeco Instruments's price variation is attributable to patterns in preceding intervals. Given that Veeco Instruments has negative autocorrelation for the selected time horizon, market participants may evaluate potential contrarian price behavior over comparable future intervals.
| Correlation Coefficient | -0.04 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 42.82 |
Pair Trading with Veeco Instruments
A pair-trading setup around Veeco Instruments shifts the return benchmark from the broad market to a second position, altering the risk profile. The advantage is that adverse movement in one leg may be partly offset by the other when correlation and thesis alignment hold.
Moving together with Veeco Stock
Moving Against Veeco Stock
Pair CorrelationCorrelation Matching
| 0.81 | MX | MagnaChip Semiconductor Trending | PairCorr |
| 0.81 | ON | ON Semiconductor Earnings Call This Week | PairCorr |
| 0.9 | AMK | Amkor Technology | PairCorr |
| 0.74 | 8KH | TOREX SEMICONDUCTOR LTD | PairCorr |
| 0.57 | 38A | Archer Materials | PairCorr |
| 0.41 | FTCI | FTC Solar | PairCorr |
| 0.4 | DQ | Daqo New Energy Earnings Call Next Week | PairCorr |
Tax-loss harvesting on Veeco Instruments requires identifying a similar asset for the 30-day wash-sale period. Assets with high correlation to Veeco Instruments can serve as substitutes while preserving market exposure. Institutional investors use correlation analysis to build Veeco Instruments replacement strategies beyond sector matching. Tax-aware investors benefit from systematic correlation analysis when managing Veeco Instruments positions.
Correlation analysis for Veeco Instruments reveals which assets move together and which provide hedging benefits. Pairing Veeco Instruments with uncorrelated instruments can reduce portfolio volatility without reducing expected returns. Readings above 0.8 indicate strongly correlated pairs with minimal diversification benefit around Veeco Instruments. Investors who monitor Veeco Instruments correlations can identify regime changes before they impact portfolio risk.
The Correlation analysis framework supports pair trading and hedging evaluation for Veeco Instruments. Sector-level and cross-sector pair comparisons both contribute to hedging context.