Veeva Systems Class Stock Technical Analysis
| VEEV Stock | USD 226.76 0.00 0.00% |
As of the 28th of November, Veeva Systems has the Risk Adjusted Performance of 0.0879, coefficient of variation of 937.19, and Semi Deviation of 1.51. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Veeva Systems Class, as well as the relationship between them. Please validate Veeva Systems Class downside deviation, jensen alpha, as well as the relationship between the Jensen Alpha and downside variance to decide if Veeva Systems is priced more or less accurately, providing market reflects its prevalent price of 226.76 per share. Given that Veeva Systems Class has jensen alpha of 0.0732, we advise you to double-check Veeva Systems Class's current market performance to make sure the company can sustain itself at a future point.
Veeva Systems Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Veeva, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to VeevaVeeva |
Veeva Systems Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 226.27 | Buy | 29 | Odds |
Most Veeva analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Veeva stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Veeva Systems Class, talking to its executives and customers, or listening to Veeva conference calls.
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.
Veeva Systems Class Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Veeva Systems Class volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Veeva Systems Class Trend Analysis
Use this graph to draw trend lines for Veeva Systems Class. You can use it to identify possible trend reversals for Veeva Systems as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Veeva Systems price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Veeva Systems Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Veeva Systems Class applied against its price change over selected period. The best fit line has a slop of 0.15 , which means Veeva Systems Class will continue generating value for investors. It has 122 observation points and a regression sum of squares at 800.89, which is the sum of squared deviations for the predicted Veeva Systems price change compared to its average price change.About Veeva Systems Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Veeva Systems Class on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Veeva Systems Class based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Veeva Systems Class price pattern first instead of the macroeconomic environment surrounding Veeva Systems Class. By analyzing Veeva Systems's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Veeva Systems's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Veeva Systems specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 136.95 | 132.99 | 137.21 | 102.27 | PTB Ratio | 12.45 | 7.13 | 7.17 | 6.81 |
Veeva Systems November 28, 2024 Technical Indicators
Most technical analysis of Veeva help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Veeva from various momentum indicators to cycle indicators. When you analyze Veeva charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0879 | |||
| Market Risk Adjusted Performance | 0.1943 | |||
| Mean Deviation | 1.33 | |||
| Semi Deviation | 1.51 | |||
| Downside Deviation | 1.67 | |||
| Coefficient Of Variation | 937.19 | |||
| Standard Deviation | 2.07 | |||
| Variance | 4.29 | |||
| Information Ratio | 0.0437 | |||
| Jensen Alpha | 0.0732 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0542 | |||
| Treynor Ratio | 0.1843 | |||
| Maximum Drawdown | 15.98 | |||
| Value At Risk | (1.79) | |||
| Potential Upside | 3.49 | |||
| Downside Variance | 2.79 | |||
| Semi Variance | 2.27 | |||
| Expected Short fall | (1.63) | |||
| Skewness | 0.8555 | |||
| Kurtosis | 6.08 |
Additional 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.