By analyzing existing technical and fundamental indicators between Veeva Systems and Cerner, you can compare the effects of market volatilities on both companies' prices and check if they can diversify away market risk if combined in one of your portfolios. You can also utilize pair trading strategies for matching a long position in Cerner with a short position in Veeva Systems. Check out our
pair correlation module for more information.
Let's begin by analyzing the assets.
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Veeva Systems has an asset utilization ratio of 262.11 percent. This indicates that the company is making $2.62 for each dollar of assets. An increasing asset utilization means that Veeva Systems is more efficient with each dollar of assets it utilizes for everyday operations.
Investment perspective, in general, refers to a viewpoint or opinion regarding investment opportunity in Veeva Systems. It encompasses the assessment of an investment's potential risks and rewards, and expectations for its
performance over time. Several factors influence the investment perspective on Veeva Systems, including investment goals, risk tolerance, time horizon, market conditions, and research and analysis. Investors have varying goals, such as capital preservation, income generation, or long-term growth. Risk tolerance plays a significant role in shaping an investor's perspective, with some being more risk-averse and others willing to take on higher risks for potential returns.
How important is Veeva Systems's Liquidity
Veeva Systems
financial leverage refers to using borrowed capital as a funding source to finance Veeva Systems Class 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. Financial leverage can amplify the potential profits to Veeva Systems' owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Veeva Systems' financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the
breakdown between Veeva Systems's total debt and its cash.
Veeva Systems Gross Profit
Veeva Systems Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Veeva Systems previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Veeva Systems Gross Profit growth over the last 10 years. Please check Veeva Systems'
gross profit and other
fundamental indicators for more details.
What is driving Veeva Systems Investor Appetite?
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include product or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Revenue Breakdown
Lets now check Veeva Systems revenue. Based on the latest financial disclosure, Veeva Systems reported 1.85
B of revenue. This is 75.74% lower than that of the Healthcare sector and significantly higher than that of the
Health Information Services industry. The revenue for all United States stocks is 80.39% higher than that of Veeva Systems. As for Cerner Corp we see revenue of 5.76
B, which is much higher than that of the Health Information Services
| Veeva | 1.85 Billion |
| Sector | 0.0 |
| Cerner | 5.76 Billion |
Another setback for Veeva Systems sophisticated investors
The standard deviation is down to 3.68 as of today. Veeva Systems exhibits very low volatility with skewness of -0.93 and kurtosis of 4.34. However, we advise investors to further study Veeva Systems technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Veeva Systems' stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Veeva Systems' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.
Veeva Systems Implied Volatility
Veeva Systems' implied volatility exposes the market's sentiment of Veeva Systems stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Veeva Systems' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Veeva Systems stock will not fluctuate a lot when Veeva Systems' options are near their expiration.
Our Final Take On Veeva Systems
While some other firms in the health information services industry are either recovering or due for a correction, Veeva may not be as strong as the others in terms of longer-term growth potentials. The inconsistency in the assessment between current Veeva valuation and our trade advice on Veeva Systems is due to the recent market swings and your selection of investing horizon. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Veeva Systems.
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Vlad Skutelnik is a Macroaxis Contributor. Vlad covers stocks, funds, cryptocurrencies, and ETFs that are traded in North America, focusing primarily on fundamentals, valuation and market volatility. He has many years of experience in fintech, predictive investment analytics, and risk management.
View Profile 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 Vlad Skutelnik do not own shares of Veeva Systems Class. Please refer to our
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