Veeva Story

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VEEV -- USA Stock  

USD 286.84  1.85  0.64%

Veeva Systems Calculated Tax Rate is fairly stable at the moment as compared to the past year. Veeva Systems reported Calculated Tax Rate of 4.01 in 2019. PPandE Turnover is likely to climb to 20.66 in 2020, whereas Average Assets are likely to drop slightly above 442.7 M in 2020. The primary intend behind this review is to break down Veeva potential for January. We are going to recap if Veeva Systems is reasonably priced going into January.
Published over a month ago
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Is Veeva Systems (NYSE:VEEV) outlook positive for January 2021?
The entity has a beta of 0.3555, which indicates possible diversification benefits within a given portfolio. Let's try to break down what Veeva's beta means in this case. As returns on the market increase, Veeva Systems returns are expected to increase less than the market. However, during the bear market, the loss on holding Veeva Systems will be expected to be smaller as well. Even though it is essential to pay attention to Veeva Systems current price movements, it is always good to be careful when utilizing equity historical returns. Our philosophy towards measuring any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Veeva Systems exposes twenty-one different technical indicators, which can help you to evaluate its performance. Veeva Systems has an expected return of -0.05%. Please be advised to validate Veeva Systems downside deviation, jensen alpha, as well as the relationship between the Jensen Alpha and downside variance to decide if Veeva Systems stock performance from the past will be repeated at some point in the near future.
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. Regardless of method or technology, 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.

Predictive Modules for Veeva Systems

Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Veeva Systems' stock 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. Please use the tools below to analyze the current value of Veeva Systems in the context of predictive analytics.
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 towards taking a position in Veeva Systems.

How important is Veeva Systems's Liquidity

Veeva Systems financial leverage refers to using borrowed capital as a funding source to finance Veeva Systems ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Veeva Systems financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Veeva Systems's total debt and its cash.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions. It is good to see analyst projects for Veeva Systems, but it might be worth checking our own buy vs. sell analysis

Breaking down Veeva Systems Indicators

The small fall in market price for the last few months may raise some interest from sophisticated investors as it is trading at a share price of 276.87 on very low momentum in trading volume. The company executives did not add much value to Veeva Systems investors in November. However, diversifying your holdings with Veeva Systems or similar stocks can still protect your portfolio during high-volatility market scenarios. The stock standard deviation of daily returns for 30 days investing horizon is currently 2.57. The current volatility is consistent with the ongoing market swings in November 2020 as well as with Veeva Systems unsystematic, company-specific events.

Returns Breakdown

16.02
Return on Assets
24.66
Return on Equity
Return on Investment29.69
Return on Assets16.02
Return on Equity24.66
Return Capital0.34
Return on Sales0.14

Veeva is expecting lower volatility in January

Latest Total Risk Alpha is up to -0.06. Price may fall again. Veeva Systems shows above-average downside volatility for the selected time horizon. We advise investors to inspect Veeva Systems further and ensure that all market timing and asset allocation strategies are consistent with the estimation of Veeva Systems future alpha.

Our Conclusion on Veeva Systems

While some other firms within the health information services industry are still a little expensive, even after the recent corrections, Veeva Systems may offer a potential longer-term growth to sophisticated investors. To conclude, as of the 1st of December 2020, our analysis shows that Veeva Systems slowly supersedes the market. The venture is overvalued and projects close to average odds of financial distress for the next 2 years. Our overall 30 days buy-hold-sell advice on the venture is Hold.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Veeva Systems. Please refer to our Terms of Use for any information regarding our disclosure principles.

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