Veeco Stock Market Value

VECO
 Stock
  

USD 18.58  0.42  2.21%   

Veeco Instrument's market value is the price at which a share of Veeco Instrument stock trades on a public exchange. It measures the collective expectations of Veeco Instrument investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Veeco Instrument and determine expected loss or profit from investing in Veeco Instrument over a given investment horizon. Also, please take a look at Veeco Instrument Correlation, Veeco Instrument Volatility and Veeco Instrument Alpha and Beta module to complement your research on Veeco Instrument.
Symbol


Is Veeco Instrument's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Veeco Instrument. If investors know Veeco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Veeco Instrument listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Veeco Instrument is measured differently than its book value, which is the value of Veeco that is recorded on the company's balance sheet. Investors also form their own opinion of Veeco Instrument's value that differs from its market value or its book value, called intrinsic value, which is Veeco Instrument's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Veeco Instrument's market value can be influenced by many factors that don't directly affect Veeco Instrument's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Veeco Instrument's value and its price as these two are different measures arrived at by different means. Investors typically determine Veeco Instrument value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veeco Instrument's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Veeco Instrument 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Veeco Instrument's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Veeco Instrument.
0.00
06/02/2021
No Change 0.00  0.0 
In 1 year 3 months and 26 days
09/25/2022
0.00
If you would invest  0.00  in Veeco Instrument on June 2, 2021 and sell it all today you would earn a total of 0.00 from holding Veeco Instrument or generate 0.0% return on investment in Veeco Instrument over 480 days. Veeco Instrument is related to or competes with Sigma Lithium. Veeco Instruments Inc., together with its subsidiaries, develops, manufactures, sells, and supports semiconductor and th... More

Veeco Instrument Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Veeco Instrument's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Veeco Instrument upside and downside potential and time the market with a certain degree of confidence.

Veeco Instrument Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Veeco Instrument's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Veeco Instrument's standard deviation. In reality, there are many statistical measures that can use Veeco Instrument historical prices to predict the future Veeco Instrument's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Veeco Instrument's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Veeco Instrument in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
15.8318.5321.23
Details
Intrinsic
Valuation
LowReal ValueHigh
16.7222.3725.07
Details
Naive
Forecast
LowNext ValueHigh
15.7818.4821.18
Details
4 Analysts
Consensus
LowTarget PriceHigh
28.0032.7538.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Veeco Instrument. Your research has to be compared to or analyzed against Veeco Instrument's peers to derive any actionable benefits. When done correctly, Veeco Instrument's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Veeco Instrument.

Veeco Instrument Backtested Returns

Veeco Instrument owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0322, which indicates the firm had -0.0322% of return per unit of risk over the last 3 months. Macroaxis standpoint towards measuring the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Veeco Instrument exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Veeco Instrument coefficient of variation of (15,746), and Risk Adjusted Performance of (0.001465) to confirm the risk estimate we provide.
The entity has a beta of 1.485, which indicates a somewhat significant risk relative to the market. Let's try to break down what Veeco's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Veeco Instrument will likely underperform. Even though it is essential to pay attention to Veeco Instrument current price movements, it is always good to be careful when utilizing equity historical returns. Our philosophy towards measuring any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Veeco Instrument exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Veeco Instrument has an expected return of -0.0869%. Please be advised to validate Veeco Instrument downside variance, and the relationship between the sortino ratio and accumulation distribution to decide if Veeco Instrument performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.48  

Modest reverse predictability

Veeco Instrument has modest reverse predictability. Overlapping area represents the amount of predictability between Veeco Instrument time series from 2nd of June 2021 to 28th of January 2022 and 28th of January 2022 to 25th of September 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Veeco Instrument price movement. The serial correlation of -0.48 indicates that about 48.0% of current Veeco Instrument price fluctuation can be explain by its past prices.
Correlation Coefficient-0.48
Spearman Rank Test-0.6
Residual Average0.0
Price Variance11.52

Veeco Instrument lagged returns against current returns

Autocorrelation, which is Veeco Instrument stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Veeco Instrument's stock expected returns. We can calculate the autocorrelation of Veeco Instrument returns to help us make a trade decision. For example, suppose you find that Veeco Instrument stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

Veeco Instrument regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Veeco Instrument stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Veeco Instrument stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Veeco Instrument stock over time.
   Current vs Lagged Prices   
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       Timeline  

Veeco Instrument Lagged Returns

When evaluating Veeco Instrument's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Veeco Instrument stock have on its future price. Veeco Instrument autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Veeco Instrument autocorrelation shows the relationship between Veeco Instrument stock current value and its past values and can show if there is a momentum factor associated with investing in Veeco Instrument.
   Regressed Prices   
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       Timeline  

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Veeco Instrument in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Veeco Instrument's short interest history, or implied volatility extrapolated from Veeco Instrument options trading.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Also, please take a look at Veeco Instrument Correlation, Veeco Instrument Volatility and Veeco Instrument Alpha and Beta module to complement your research on Veeco Instrument. Note that the Veeco Instrument information on this page should be used as a complementary analysis to other Veeco Instrument's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary Tools for Veeco Stock analysis

When running Veeco Instrument price analysis, check to measure Veeco Instrument'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 Veeco Instrument is operating at the current time. Most of Veeco Instrument's value examination focuses on studying past and present price action to predict the probability of Veeco Instrument's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Veeco Instrument's price. Additionally, you may evaluate how the addition of Veeco Instrument to your portfolios can decrease your overall portfolio volatility.
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Veeco Instrument 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 Veeco Instrument technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Veeco Instrument 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...