Veea Inc Stock Performance
| VEEA Stock | 3.04 0.28 8.43% |
The entity has a beta of -3.23, 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. At this point, Veea Inc has a negative expected return of -0.42%. Please make sure to validate Veea's treynor ratio, accumulation distribution, price action indicator, as well as the relationship between the potential upside and day median price , to decide if Veea Inc performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Veea Inc has generated negative risk-adjusted returns adding no value to investors with long positions. Despite unfluctuating performance in the last few months, the Stock's technical and fundamental indicators remain somewhat strong which may send shares a bit higher in January 2025. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
Actual Historical Performance (%)
One Day Return (8.43) | Five Day Return 13.43 | Year To Date Return (72.19) | Ten Year Return (72.19) | All Time Return (72.19) |
1 | Disposition of 6143 shares by Smith Janice K. of VEEA New at 12.25 subject to Rule 16b-3 | 09/25/2024 |
2 | Insider Trading | 09/30/2024 |
3 | Parceria da Veea com ICT oferece conectividade avanada sem fio e rastreamento de ativos de alto valor para transformar operaes de minerao | 10/17/2024 |
4 | Veea, O.N.E. Amazon e AECOM unem foras para criar a Internet das Florestas , uma soluo hbrida de computao de borda e nuvem para proteger o bioma da floresta tro... | 10/29/2024 |
5 | Veea, O.N.E. Amazon y AECOM colaboran para crear la Internet de los bosques , una solucin hbrida de informtica en la nube para proteger el bioma de la selva tro... | 10/30/2024 |
6 | DeepGreenX and Veea Announce US140 Billion Global Strategic Partnership for AI-Driven Virtual Energy Grid | 11/21/2024 |
7 | DeepGreenX et Veea annoncent un accord de partenariat stratgique mondial | 11/22/2024 |
8 | Veea Brings Climate-Smart Farming Connectivity Solution to Indiana with Mainstream Fiber | 11/25/2024 |
9 | Acquisition by Roy Kanishka of 50000 shares of Veea at 250000.0 subject to Rule 16b-3 | 11/29/2024 |
10 | Veea files to sell 30.06M shares of common stock for holders | 12/06/2024 |
Veea |
Veea Relative Risk vs. Return Landscape
If you would invest 900.00 in Veea Inc on September 16, 2024 and sell it today you would lose (596.00) from holding Veea Inc or give up 66.22% of portfolio value over 90 days. Veea Inc is currently does not generate positive expected returns and assumes 19.1512% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Veea, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
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 = -0.0219
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| Negative Returns | VEEA |
Estimated Market Risk
| 19.15 actual daily | 96 96% of assets are less volatile |
Expected Return
| -0.42 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Veea is not performing at its full potential. However, 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 Veea to a well-diversified portfolio.
About Veea Performance
By analyzing Veea's fundamental ratios, stakeholders can gain valuable insights into Veea's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. 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.
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 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 |
- 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.
Complementary 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.
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