Veea Inc Stock Performance
| VEEAW Stock | 0.16 0 2.56% |
Veea holds a performance score of 14 on a scale of zero to a hundred. The entity has a beta of -2.04, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Veea are expected to decrease by larger amounts. On the other hand, during market turmoil, Veea is expected to outperform it. Use Veea Inc sortino ratio and the relationship between the downside variance and period momentum indicator , to analyze future returns on Veea Inc.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Veea Inc are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. In spite of fairly inconsistent basic indicators, Veea showed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Clear Street LLC Acquires 104,062 Shares of Plum Acquisition Corp. I - Defense World | 09/19/2024 |
2 | VEEA stock touches 52-week low at 2.98 amid market challenges - Investing.com Australia | 11/08/2024 |
3 | Veea Inc. announced that it expects to receive 25 million in funding from White Lion Capital Llc - Marketscreener.com | 12/06/2024 |
Veea |
Veea Relative Risk vs. Return Landscape
If you would invest 5.00 in Veea Inc on September 12, 2024 and sell it today you would earn a total of 10.59 from holding Veea Inc or generate 211.8% return on investment over 90 days. Veea Inc is currently producing 4.0482% returns and takes up 22.0355% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Veea, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Veea Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Veea's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Veea Inc, and traders can use it to determine the average amount a Veea's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1837
| Best Portfolio | Best Equity | VEEAW | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 22.04 actual daily | 96 96% of assets are less volatile |
Expected Return
| 4.05 actual daily | 80 80% of assets have lower returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Veea is performing at about 14% 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.
About Veea Performance
Evaluating Veea's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Veea has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Veea has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Veea is entity of United States. It is traded as Stock on NASDAQ exchange.Things to note about Veea Inc performance evaluation
Checking the ongoing alerts about Veea for important developments is a great way to find new opportunities for your next move. 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 |
- Analyzing Veea's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Veea's stock is overvalued or undervalued compared to its peers.
- Examining Veea's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Veea's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Veea's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Veea's stock. These opinions can provide insight into Veea's potential for growth and whether the stock is currently undervalued or overvalued.
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.