Veeva Systems Class Stock Price on May 29, 2024
| VEEV Stock | USD 203.45 2.02 1.00% |
Below is the normalized historical share price chart for Veeva Systems Class extending back to October 16, 2013. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Veeva Systems stands at 203.45, as last reported on the 5th of May, with the highest price reaching 205.66 and the lowest price hitting 201.98 during the day.
If you're considering investing in Veeva Stock, it is important to understand the factors that can impact its price. We consider Veeva Systems very steady. Veeva Systems Class owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0035, which indicates the firm had a 0.0035% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Veeva Systems Class, which you can use to evaluate the volatility of the company. Please validate Veeva Systems' Risk Adjusted Performance of (0), variance of 2.3, and Coefficient Of Variation of (8,538) to confirm if the risk estimate we provide is consistent with the expected return of 0.0053%.
At this time, Veeva Systems' Total Stockholder Equity is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to climb to about 6.2 B in 2024, whereas Common Stock Total Equity is likely to drop 1,238 in 2024. . Price Earnings To Growth Ratio is likely to climb to 16.06 in 2024, whereas Price To Sales Ratio is likely to drop 13.38 in 2024. Veeva Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 16th of October 2013 | 200 Day MA 202.2557 | 50 Day MA 217.5762 | Beta 0.727 |
Veeva |
Sharpe Ratio = 0.0035
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| Negative Returns | VEEV |
Estimated Market Risk
| 1.51 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Veeva Systems 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 Veeva Systems by adding Veeva Systems to a well-diversified portfolio.
Price Book 7.1802 | Enterprise Value Ebitda 63.5953 | Price Sales 14.1097 | Shares Float 147.8 M | Wall Street Target Price 241.47 |
Veeva Systems Valuation on May 29, 2024
It is possible to determine the worth of Veeva Systems on a given historical date. On May 29, 2024 Veeva was worth 204.31 at the beginning of the trading date compared to the closed value of 203.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Veeva Systems stock. Still, in general, we apply an absolute valuation method to find Veeva Systems' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Veeva Systems where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Veeva Systems' related companies.
| Open | High | Low | Close | Volume | |
| 204.31 | 205.66 | 201.98 | 203.45 | 646,423 | |
05/05/2024 | 204.31 | 205.66 | 201.98 | 203.45 | 0.00 |
| Backtest Veeva Systems | | | Veeva Systems History | | | Veeva Systems Valuation | Previous |
Veeva Systems Trading Date Momentum on May 29, 2024
| On May 05 2024 Veeva Systems Class was traded for 203.45 at the closing time. The top price for the day was 205.66 and the lowest listed price was 201.98 . There was no trading activity during the period 0.0. Lack of trading volume on May 5, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 0.42% . |
Veeva Systems Class Fundamentals Correlations and Trends
By evaluating Veeva Systems' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Veeva Systems' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Veeva financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Veeva Systems Stock history
Veeva Systems investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Veeva is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Veeva Systems Class will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Veeva Systems stock prices may prove useful in developing a viable investing in Veeva Systems
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 163.5 M | 155.5 M | |
| Net Income Applicable To Common Shares | 560.9 M | 588.9 M |
Veeva Systems Quarterly Net Working Capital |
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Veeva Systems Stock Technical Analysis
Veeva Systems technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Veeva Systems Period Price Range
Low | May 5, 2024
| High |
204.31 | 203.45 |
Veeva Systems May 5, 2024 Market Strength
Market strength indicators help investors to evaluate how Veeva Systems stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Veeva Systems shares will generate the highest return on investment. By undertsting and applying Veeva Systems stock market strength indicators, traders can identify Veeva Systems Class entry and exit signals to maximize returns
Veeva Systems Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Veeva Systems' price direction in advance. Along with the technical and fundamental analysis of Veeva Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Veeva to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.02) |
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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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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.
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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.