Veeva Systems Class Stock Probability of Future Stock Price Finishing Over 72.6

VEEV Stock  USD 233.39  0.71  0.31%   
Veeva Systems' implied volatility is one of the determining factors in the pricing options written on Veeva Systems Class. Implied volatility approximates the future value of Veeva Systems based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Veeva Systems Class over a specific time period. For example, 2024-04-19 CALL at $230.0 is a CALL option contract on Veeva Systems' common stock with a strick price of 230.0 expiring on 2024-04-19. The contract was last traded on 2024-03-27 at 14:14:10 for $7.7 and, as of today, has 22 days remaining before the expiration. The option is currently trading at a bid price of $7.9, and an ask price of $8.2. The implied volatility as of the 28th of March is 25.39. View All Veeva options

Closest to current price Veeva long CALL Option Payoff at Expiration

Veeva Systems' future price is the expected price of Veeva Systems 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 Veeva Systems Class performance during a given time horizon utilizing its historical volatility. Check out Veeva Systems Backtesting, Veeva Systems Valuation, Veeva Systems Correlation, Veeva Systems Hype Analysis, Veeva Systems Volatility, Veeva Systems History as well as Veeva Systems Performance.
  
Price Earnings To Growth Ratio is likely to climb to 71.82 in 2024, whereas Price Earnings Ratio is likely to drop 60.17 in 2024. Please specify Veeva Systems' target price for which you would like Veeva Systems odds to be computed.

Veeva Systems Target Price Odds to finish over 72.6

The tendency of Veeva 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 stay above $ 72.60  in 90 days
 233.39 90 days 72.60 
close to 99
Based on a normal probability distribution, the odds of Veeva Systems to stay above $ 72.60  in 90 days from now is close to 99 (This Veeva Systems Class probability density function shows the probability of Veeva Stock to fall within a particular range of prices over 90 days) . Probability of Veeva Systems Class price to stay between $ 72.60  and its current price of $233.39 at the end of the 90-day period is about 91.59 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.28 . This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Veeva Systems will likely underperform. Additionally Veeva Systems Class has an alpha of 0.1786, implying that it can generate a 0.18 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   Veeva Systems Price Density   
       Price  

Predictive Modules for Veeva Systems

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Veeva Systems Class. 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 Veeva Systems' 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
231.97233.56235.15
Details
Intrinsic
Valuation
LowRealHigh
210.05238.41240.00
Details
Naive
Forecast
LowNextHigh
229.50231.09232.68
Details
29 Analysts
Consensus
LowTargetHigh
205.91226.27251.16
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Veeva Systems. Your research has to be compared to or analyzed against Veeva Systems' peers to derive any actionable benefits. When done correctly, Veeva Systems' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Veeva Systems Class.

Veeva Systems Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Veeva Systems is not an exception. The market had few large corrections towards the Veeva Systems' 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 Veeva Systems Class, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Veeva Systems within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
0.18
β
Beta against NYSE Composite1.28
σ
Overall volatility
14.58
Ir
Information ratio 0.14

Veeva Systems 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 Veeva Systems for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Veeva Systems Class can help investors quickly react to important events or material 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

Veeva Systems Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Veeva Stock often depends not only on the future outlook of the current and potential Veeva Systems' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Veeva Systems' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding163.5 M
Cash And Short Term InvestmentsB

Veeva Systems Technical Analysis

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

Veeva Systems Predictive Forecast Models

Veeva Systems' time-series forecasting models is one of many Veeva Systems' 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 Veeva Systems' 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 Veeva Systems Class

Checking the ongoing alerts about Veeva Systems for important developments is a great way to find new opportunities for your next move. Our 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
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 Veeva Systems Backtesting, Veeva Systems Valuation, Veeva Systems Correlation, Veeva Systems Hype Analysis, Veeva Systems Volatility, Veeva Systems History as well as Veeva Systems Performance.
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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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.
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Global Correlations
Find global opportunities by holding instruments from different markets
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
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.