Veea Inc Stock Buy Hold or Sell Recommendation
| VEEAW Stock | 0.14 0.01 9.38% |
Assuming the 90 days horizon and complete risk avoidance on your part, our recommendation regarding Veea Inc is 'Strong Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Veea Inc given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Veea Inc, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Veea Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Veea and provide practical buy, sell, or hold advice based on investors' constraints. Veea Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Veea |
Execute Veea Buy or Sell Advice
The Veea recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Veea Inc. Macroaxis does not own or have any residual interests in Veea Inc or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Veea's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | OK | Details | |
Volatility | Out of control | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves totally opposite to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Veea Trading Alerts and Improvement Suggestions
| Veea Inc is way too risky over 90 days horizon | |
| Veea Inc has some characteristics of a very speculative penny stock | |
| Veea Inc appears to be risky and price may revert if volatility continues | |
| Veea Inc was previously known as Plum Acquisition Corp and was traded on NASDAQ Exchange under the symbol PLMIW. | |
| Latest headline from news.google.com: Veea Inc. announced that it expects to receive 25 million in funding from White Lion Capital Llc - Marketscreener.com |
Veea Returns Distribution Density
The distribution of Veea's historical returns is an attempt to chart the uncertainty of Veea's future price movements. The chart of the probability distribution of Veea daily returns describes the distribution of returns around its average expected value. We use Veea Inc price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Veea returns is essential to provide solid investment advice for Veea.
| Mean Return | 4.22 | Value At Risk | -29.17 | Potential Upside | 52.55 | Standard Deviation | 24.40 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Veea historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Veea Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Veea or Technology sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Veea's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Veea stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 4.34 | |
β | Beta against Dow Jones | -1.18 | |
σ | Overall volatility | 17.45 | |
Ir | Information ratio | 0.17 |
Veea Volatility Alert
Veea Inc is showing large volatility of returns over the selected time horizon. Veea Inc is a potential penny stock. Although Veea may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Veea Inc. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Veea instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Veea Fundamentals Vs Peers
Comparing Veea's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Veea's direct or indirect competition across all of the common fundamentals between Veea and the related equities. This way, we can detect undervalued stocks with similar characteristics as Veea or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Veea's fundamental indicators could also be used in its relative valuation, which is a method of valuing Veea by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Veea to competition |
| Fundamentals | Veea | Peer Average |
| Number Of Employees | 5 | 18.84 K |
Veea Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Veea . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Veea Buy or Sell Advice
When is the right time to buy or sell Veea Inc? Buying financial instruments such as Veea Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Veea in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Precious Metals Thematic Idea Now
Precious Metals
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Precious Metals theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Precious Metals Theme or any other thematic opportunities.
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Additional Tools for Veea Stock Analysis
When running Veea's price analysis, check to measure Veea's 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 Veea is operating at the current time. Most of Veea's value examination focuses on studying past and present price action to predict the probability of Veea's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Veea's price. Additionally, you may evaluate how the addition of Veea to your portfolios can decrease your overall portfolio volatility.