Veeva Systems Class Stock Performance

VEEV Stock  USD 232.55  0.84  0.36%   
On a scale of 0 to 100, Veeva Systems holds a performance score of 16. The entity has a beta of 1.28, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Veeva Systems will likely underperform. Please check Veeva Systems' downside variance, and the relationship between the sortino ratio and daily balance of power , to make a quick decision on whether Veeva Systems' existing price patterns will revert.

Risk-Adjusted Performance

16 of 100

 
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High
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Veeva Systems Class are ranked lower than 16 (%) of all global equities and portfolios over the last 90 days. In spite of fairly uncertain technical and fundamental indicators, Veeva Systems showed solid returns over the last few months and may actually be approaching a breakup point. ...more

Actual Historical Performance (%)

One Day Return
0.31
Five Day Return
0.99
Year To Date Return
23.37
Ten Year Return
767.3
All Time Return
528.07
1
100 Invested In Veeva Sys 10 Years Ago Would Be Worth This Much Today
02/27/2024
2
Disposition of 302 shares by Mary Hedley of Veeva Systems subject to Rule 16b-3
03/01/2024
3
Jefferies raises Veeva Systems stock target to 270 on growth potential
03/04/2024
4
Stifel Nicolaus Boosts Veeva Systems Price Target to 250.00
03/05/2024
5
Veeva had a great quarter, but the upside remains capped for now.
03/06/2024
6
Wall Street Analysts Think Veeva Is a Good Investment Is It
03/07/2024
7
Electronic Clinical Outcome Assessment Solution Market is Expected to Reach 3.9 Billion MarketsandMarkets
03/08/2024
8
Bull Of The Day Veeva Systems Inc.
03/11/2024
9
Healthcare Analytics Market Size to Grow by USD 66.54 billion from 2024 to 2028, Market growth at 24.79 percent CAGR expected during the forecast period, Techna...
03/14/2024
Begin Period Cash Flow886.5 M
  

Veeva Systems Relative Risk vs. Return Landscape

If you would invest  19,252  in Veeva Systems Class on December 29, 2023 and sell it today you would earn a total of  4,087  from holding Veeva Systems Class or generate 21.23% return on investment over 90 days. Veeva Systems Class is currently generating 0.3284% in daily expected returns and assumes 1.5871% risk (volatility on return distribution) over the 90 days horizon. In different words, 14% of stocks are less volatile than Veeva, and 94% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Expected Return   
       Risk  
Given the investment horizon of 90 days Veeva Systems is expected to generate 2.77 times more return on investment than the market. However, the company is 2.77 times more volatile than its market benchmark. It trades about 0.21 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.23 per unit of risk.

Veeva Systems Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Veeva Systems' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Veeva Systems Class, and traders can use it to determine the average amount a Veeva Systems' 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 = 0.2069

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Estimated Market Risk

 1.59
  actual daily
14
86% of assets are more volatile

Expected Return

 0.33
  actual daily
6
94% of assets have higher returns

Risk-Adjusted Return

 0.21
  actual daily
16
84% of assets perform better
Based on monthly moving average Veeva Systems is performing at about 16% 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 Veeva Systems by adding it to a well-diversified portfolio.

Veeva Systems Fundamentals Growth

Veeva Stock prices reflect investors' perceptions of the future prospects and financial health of Veeva Systems, and Veeva Systems fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Veeva Stock performance.

About Veeva Systems Performance

To evaluate Veeva Systems Class Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Veeva Systems generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Veeva Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Veeva Systems Class market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Veeva's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Return On Capital Employed 0.09  0.09 
Return On Assets 0.09  0.12 
Return On Equity 0.11  0.20 

Things to note about Veeva Systems Class performance evaluation

Checking the ongoing alerts about Veeva Systems for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Veeva Systems Class help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Veeva Systems Class has a strong financial position based on the latest SEC filings
Over 84.0% of the company outstanding shares are owned by institutional investors
Latest headline from finance.yahoo.com: Healthcare Analytics Market Size to Grow by USD 66.54 billion from 2024 to 2028, Market growth at 24.79 percent CAGR expected during the forecast period, Technavio
Evaluating Veeva Systems' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Veeva Systems' stock performance include:
  • Analyzing Veeva Systems' 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 Veeva Systems' stock is overvalued or undervalued compared to its peers.
  • Examining Veeva Systems' 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 Veeva Systems' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Veeva Systems' management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Veeva Systems' stock. These opinions can provide insight into Veeva Systems' potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Veeva Systems' stock performance is not an exact science, and many factors can impact Veeva Systems' stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
When determining whether Veeva Systems Class is a strong investment it is important to analyze Veeva Systems' 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 Veeva Systems' future performance. For an informed investment choice regarding Veeva Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veeva Systems Class. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Veeva Systems Class information on this page should be used as a complementary analysis to other Veeva Systems' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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When running Veeva Systems' price analysis, check to measure Veeva Systems' 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 Veeva Systems is operating at the current time. Most of Veeva Systems' value examination focuses on studying past and present price action to predict the probability of Veeva Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Veeva Systems' price. Additionally, you may evaluate how the addition of Veeva Systems to your portfolios can decrease your overall portfolio volatility.
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Is Veeva Systems' industry 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 Veeva Systems. If investors know Veeva 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 Veeva Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.23)
Earnings Share
3.21
Revenue Per Share
14.724
Quarterly Revenue Growth
0.119
Return On Assets
0.0501
The market value of Veeva Systems Class is measured differently than its book value, which is the value of Veeva that is recorded on the company's balance sheet. Investors also form their own opinion of Veeva Systems' value that differs from its market value or its book value, called intrinsic value, which is Veeva Systems' 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 Veeva Systems' market value can be influenced by many factors that don't directly affect Veeva Systems' 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 Veeva Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Veeva Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veeva Systems' 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.