Veea Inc Stock Today
| VEEA Stock | 2.70 0.20 8.00% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Veea is trading at 2.70 as of the 27th of November 2024, a 8.00% up since the beginning of the trading day. The stock's open price was 2.5. Veea has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days.Veea symbol was changed from PLMI on 17th of September 2024. Equity ratings for Veea Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of October 2024 and ending today, the 27th of November 2024. Click here to learn more.
IPO Date 17th of September 2024 | Category Technology |
Veea is entity of United States. It is traded as Stock on NASDAQ exchange. More on Veea Inc
Moving against Veea Stock
Veea Stock Highlights
| Older Symbol | PLMI |
| Chairman CoFounder | Allen Salmasi |
| Thematic Idea | Computers (View all Themes) |
| Business Concentration | Computers, Information Technology Services, Technology, Information Technology Services, Technology, Computing (View all Sectors) |
Veea Inc (VEEA) is traded on NASDAQ Exchange in USA. It is located in 164 East 83rd Street, New York, NY, United States, 10028 and employs 50 people. Veea Inc was previously known as Plum Acquisition I and was traded on NASDAQ Exchange under the symbol PLMI. Veea is listed under Computers category by Fama And French industry classification. The company conducts business under Technology sector and is part of Information Technology Services industry.
Check Veea Probability Of Bankruptcy
Veea Inc Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Veea market risk premium is the additional return an investor will receive from holding Veea long position in a well-diversified portfolio.
| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.72) | |||
| Total Risk Alpha | (4.37) | |||
| Treynor Ratio | 0.3705 |
Veea Stock Against Markets
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veea Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Computers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Veea. If investors know Veea will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Veea listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Veea Inc is measured differently than its book value, which is the value of Veea that is recorded on the company's balance sheet. Investors also form their own opinion of Veea's value that differs from its market value or its book value, called intrinsic value, which is Veea's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Veea's market value can be influenced by many factors that don't directly affect Veea's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Veea's value and its price as these two are different measures arrived at by different means. Investors typically determine if Veea is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veea's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.