Veeco Stock Market Value

VECO
 Stock
  

USD 21.85  0.86  4.10%   

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 Hype Analysis, Veeco Instrument Correlation, Veeco Instrument Valuation, Veeco Instrument Volatility, as well as analyze Veeco Instrument Alpha and Beta and Veeco Instrument Performance.
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.
Quarterly Earnings Growth YOY
3.86
Market Capitalization
1.1 B
Quarterly Revenue Growth YOY
0.17
Return On Assets
0.0438
Return On Equity
0.0904
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
08/20/2020
No Change 0.00  0.0 
In 1 year 11 months and 22 days
08/10/2022
0.00
If you would invest  0.00  in Veeco Instrument on August 20, 2020 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 720 days. Veeco Instrument is related to or competes with Lam Research, and Verizon Communications. 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
19.0721.9524.83
Details
Intrinsic
Valuation
LowReal ValueHigh
19.7926.8729.75
Details
Naive
Forecast
LowNext ValueHigh
17.7420.6223.50
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

We consider Veeco Instrument very steady. Veeco Instrument owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0301, which indicates the firm had 0.0301% of return per unit of risk over the last 3 months. Our standpoint towards measuring the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Veeco Instrument, which you can use to evaluate the future volatility of the company. Please validate Veeco Instrument risk adjusted performance of (0.044759), and Coefficient Of Variation of (2,458) to confirm if the risk estimate we provide is consistent with the expected return of 0.0865%.
Veeco Instrument has a performance score of 2 on a scale of 0 to 100. The entity has a beta of 1.4569, 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. Although it is important to respect Veeco Instrument current price movements, it is better to be realistic regarding the information on the equity's historical returns. The philosophy towards measuring future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By inspecting Veeco Instrument technical indicators, you can presently evaluate if the expected return of 0.0865% will be sustainable into the future. Veeco Instrument right now has a risk of 2.88%. Please validate Veeco Instrument downside variance, and the relationship between the sortino ratio and accumulation distribution to decide if Veeco Instrument will be following its existing price patterns.

Auto-correlation

    
  -0.02  

Very weak reverse predictability

Veeco Instrument has very weak reverse predictability. Overlapping area represents the amount of predictability between Veeco Instrument time series from 20th of August 2020 to 15th of August 2021 and 15th of August 2021 to 10th of August 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 -0.02 indicates that only 2.0% of current Veeco Instrument price fluctuation can be explain by its past prices.
Correlation Coefficient-0.02
Spearman Rank Test-0.32
Residual Average0.0
Price Variance10.58

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  

Be your own money manager

Our tools can tell you how much better you can do entering a position in Veeco Instrument without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Also, please take a look at Veeco Instrument Hype Analysis, Veeco Instrument Correlation, Veeco Instrument Valuation, Veeco Instrument Volatility, as well as analyze Veeco Instrument Alpha and Beta and Veeco Instrument Performance. 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 CEO Directory module to screen CEOs from public companies around the world.

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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...