Veeva Systems Class Stock Performance
VEEV Stock | USD 231.69 1.70 0.73% |
On a scale of 0 to 100, Veeva Systems holds a performance score of 17. The entity has a beta of 1.26, 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 accumulation distribution , to make a quick decision on whether Veeva Systems' existing price patterns will revert.
Risk-Adjusted Performance
17 of 100
Low | High |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Veeva Systems Class are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal 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 (0.73) | Five Day Return 0.25 | Year To Date Return 22.47 | Ten Year Return 767.75 | All Time Return 523.49 |
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 Flow | 886.5 M |
Veeva |
Veeva Systems Relative Risk vs. Return Landscape
If you would invest 18,918 in Veeva Systems Class on December 30, 2023 and sell it today you would earn a total of 4,251 from holding Veeva Systems Class or generate 22.47% return on investment over 90 days. Veeva Systems Class is currently generating 0.3449% in daily expected returns and assumes 1.5704% risk (volatility on return distribution) over the 90 days horizon. In different words, 13% 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 |
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 = 0.2196
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | VEEV | |||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns |
Estimated Market Risk
1.57 actual daily | 13 87% of assets are more volatile |
Expected Return
0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Veeva Systems is performing at about 17% 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.
Return On Equity | 0.13 | ||||
Return On Asset | 0.0501 | ||||
Current Valuation | 33.68 B | ||||
Shares Outstanding | 161.32 M | ||||
Price To Earning | 78.67 X | ||||
Price To Book | 8.11 X | ||||
Price To Sales | 15.93 X | ||||
Revenue | 2.36 B | ||||
Gross Profit | 1.55 B | ||||
EBITDA | 473.65 M | ||||
Net Income | 525.71 M | ||||
Cash Per Share | 18.80 X | ||||
Debt To Equity | 0.02 % | ||||
Current Ratio | 4.20 X | ||||
Cash Flow From Operations | 911.34 M | ||||
Earnings Per Share | 3.22 X | ||||
Total Asset | 5.91 B | ||||
Retained Earnings | 2.74 B | ||||
Current Asset | 500.96 M | ||||
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 Reported | Projected 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 |
- 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.
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.
Complementary Tools for Veeva Stock analysis
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.
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Commodity Directory Find actively traded commodities issued by global exchanges | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world |
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 3.22 | 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.