Veea Inc Stock Chance of Future Stock Price Finishing Over 22.35

VEEA Stock   3.04  0.28  8.43%   
Veea's future price is the expected price of Veea instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Veea Inc performance during a given time horizon utilizing its historical volatility. Check out Veea Backtesting, Veea Valuation, Veea Correlation, Veea Hype Analysis, Veea Volatility, Veea History as well as Veea Performance.
  
Please specify Veea's target price for which you would like Veea odds to be computed.

Veea Target Price Odds to finish over 22.35

The tendency of Veea Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move over  22.35  or more in 90 days
 3.04 90 days 22.35 
near 1
Based on a normal probability distribution, the odds of Veea to move over  22.35  or more in 90 days from now is near 1 (This Veea Inc probability density function shows the probability of Veea Stock to fall within a particular range of prices over 90 days) . Probability of Veea Inc price to stay between its current price of  3.04  and  22.35  at the end of the 90-day period is about 72.65 .
Given the investment horizon of 90 days Veea Inc has a beta of -3.23. This entails as returns on its benchmark rise, returns on holding Veea Inc are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Veea is expected to outperform its benchmark. Additionally Veea Inc has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial.
   Veea Price Density   
       Price  

Predictive Modules for Veea

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Veea Inc. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Veea's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.142.8722.02
Details
Intrinsic
Valuation
LowRealHigh
0.152.9222.07
Details
Naive
Forecast
LowNextHigh
0.063.2322.38
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
2.232.903.57
Details

Veea Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Veea is not an exception. The market had few large corrections towards the Veea's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Veea Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Veea within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.34
β
Beta against Dow Jones-3.23
σ
Overall volatility
2.54
Ir
Information ratio -0.04

Veea Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Veea for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Veea Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Veea Inc generated a negative expected return over the last 90 days
Veea Inc has high historical volatility and very poor performance
Veea Inc was previously known as Plum Acquisition I and was traded on NASDAQ Exchange under the symbol PLMI.
Latest headline from seekingalpha.com: Veea files to sell 30.06M shares of common stock for holders

Veea Technical Analysis

Veea's future price can be derived by breaking down and analyzing its technical indicators over time. Veea Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Veea Inc. In general, you should focus on analyzing Veea Stock price patterns and their correlations with different microeconomic environments and drivers.

Veea Predictive Forecast Models

Veea's time-series forecasting models is one of many Veea's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Veea's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Veea Inc

Checking the ongoing alerts about Veea for important developments is a great way to find new opportunities for your next move. Our 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 generated a negative expected return over the last 90 days
Veea Inc has high historical volatility and very poor performance
Veea Inc was previously known as Plum Acquisition I and was traded on NASDAQ Exchange under the symbol PLMI.
Latest headline from seekingalpha.com: Veea files to sell 30.06M shares of common stock for holders
When determining whether Veea Inc is a strong investment it is important to analyze Veea's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Veea's future performance. For an informed investment choice regarding Veea Stock, refer to the following important reports:
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.