Veeva Systems (Germany) Price on March 10, 2023

VEE Stock  EUR 214.50  6.60  3.17%   
If you're considering investing in Veeva Stock, it is important to understand the factors that can impact its price. As of today, the current price of Veeva Systems stands at 214.50, as last reported on the 26th of December, with the highest price reaching 214.50 and the lowest price hitting 214.50 during the day. Veeva Systems appears to be very steady, given 3 months investment horizon. Veeva Systems owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the firm had a 0.1% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Veeva Systems, which you can use to evaluate the volatility of the company. Please review Veeva Systems' Coefficient Of Variation of 1172.57, risk adjusted performance of 0.0749, and Semi Deviation of 1.94 to confirm if our risk estimates are consistent with your expectations.
  
Veeva Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1016

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Estimated Market Risk

 2.42
  actual daily
21
79% of assets are more volatile

Expected Return

 0.25
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.1
  actual daily
8
92% of assets perform better
Based on monthly moving average Veeva Systems is performing at about 8% of its full potential. 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 it to a well-diversified portfolio.

Veeva Systems Valuation on March 10, 2023

It is possible to determine the worth of Veeva Systems on a given historical date. On March 10, 2023 Veeva was worth 158.6 at the beginning of the trading date compared to the closed value of 158.6. 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
  162.72    162.72    162.72    162.72    7.00  
03/10/2023
  158.60    158.60    158.60    158.60    7.00  
  154.22    154.22    154.22    154.22    7.00  
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Open Value
158.6
151.34
Downside
158.6
Closing Value
165.86
Upside

Veeva Systems Trading Date Momentum on March 10, 2023

On March 13 2023 Veeva Systems was traded for  154.22  at the closing time. The highest daily price throughout the period was 154.22  and the lowest price was  154.22 . The daily volume was 7.0. The net trading volume on 03/13/2023 added to the next day price reduction. The trading price change to closing price of the next trading day was 2.76% . The trading price change to current closing price is 0.09% .

Veeva Systems 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 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
Veeva Systems Inc. provides cloud-based software for the life sciences industry in North America, Europe, the Asia Pacific, and internationally. Veeva Systems Inc. was founded in 2007 and is headquartered in Pleasanton, California. VEEVA SYSTEMS operates under Health Information Services classification in Germany and is traded on Frankfurt Stock Exchange. It employs 2553 people.

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.
A focus of Veeva Systems technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Veeva Systems trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Veeva Systems Period Price Range

Low
December 26, 2024
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High

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Veeva Systems cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Veeva Systems December 26, 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 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.

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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