Veeco Instruments Potential Upside

VECO Stock  USD 24.26  0.47  1.90%   
Veeco Instruments potential-upside technical analysis lookup allows you to check this and other technical indicators for Veeco Instruments or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
  
Veeco Instruments has current Potential Upside of 3.78. Potential Upside is the amount of upward price movement an investor or an analyst expects of a particular equity instrument.

Potential Upside

 = 

1PM

2PM

 = 
3.78
1PM = First upper moment
2PM = Second upper moment

Veeco Instruments Potential Upside Peers Comparison

Veeco Potential Upside Relative To Other Indicators

Veeco Instruments is rated second in potential upside category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  3.48  of Maximum Drawdown per Potential Upside. The ratio of Maximum Drawdown to Potential Upside for Veeco Instruments is roughly  3.48 
Unlike using an educated guess on how high a stock could go calculate potential upside as the greater the potential dollar or percentage rise, the bigger the upside for the investment. Potential Upside is the reciprocal of the Value At Risk measure and can be interpreted as return on an investment relative to minimal acceptable return.
Compare Veeco Instruments to Peers

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