Veeco Stock Performance

VECO
 Stock
  

USD 21.85  0.86  4.10%   

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.
  
Veeco Performance
2 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Veeco Instrument are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite quite persistent fundamental indicators, Veeco Instrument is not utilizing all of its potentials. The current stock price mess, may contribute to short-term losses for the institutional investors. ...more

Veeco Price Channel

Quick Ratio1.61
Fifty Two Week Low17.23
Target High Price39.00
Fifty Two Week High32.40
Target Low Price26.00

Veeco Instrument Relative Risk vs. Return Landscape

If you would invest  2,124  in Veeco Instrument on May 12, 2022 and sell it today you would earn a total of  61.00  from holding Veeco Instrument or generate 2.87% return on investment over 90 days. Veeco Instrument is currently generating 0.0865% in daily expected returns and assumes 2.8775% risk (volatility on return distribution) over the 90 days horizon. In different words, 24% of stocks are less volatile than Veeco, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Daily Expected Return (%)  
       Risk (%)  
Given the investment horizon of 90 days Veeco Instrument is expected to generate 2.26 times more return on investment than the market. However, the company is 2.26 times more volatile than its market benchmark. It trades about 0.03 of its potential returns per unit of risk. The DOW is currently generating roughly 0.07 per unit of risk.

Veeco Instrument Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Veeco Instrument's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Veeco Instrument, and traders can use it to determine the average amount a Veeco Instrument's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0301

Best
Portfolio
Best
Equity
Good Returns
Average Returns
Small Returns
CashSmall
Risk
VECOHigh
Risk
Huge
Risk
Negative Returns
Estimated Market Risk
 2.88
  actual daily
 
 24 %
of total potential
 
2424
Expected Return
 0.09
  actual daily
 
 1 %
of total potential
 
11
Risk-Adjusted Return
 0.03
  actual daily
 
 2 %
of total potential
 
22
Based on monthly moving average Veeco Instrument is performing at about 2% 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 Veeco Instrument by adding it to a well-diversified portfolio.

About Veeco Instrument Performance

To evaluate Veeco Instrument Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Veeco Instrument generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Veeco Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Veeco Instrument stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Veeco's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Effect of Exchange Rate Changes on Cash-23 K-24.8 K
Return on Investment 8.12  8.76 
Return on Average Assets 2.90  3.13 
Return on Average Equity 6.16  6.64 
Return on Invested Capital(0.74) (0.76) 
Return on Sales(0.41) (0.42) 
Veeco Instruments Inc., together with its subsidiaries, develops, manufactures, sells, and supports semiconductor and thin film process equipment primarily to make electronic devices worldwide. Veeco Instruments Inc. was founded in 1945 and is headquartered in Plainview, New York. Veeco Instrument operates under Semiconductor Equipment Materials classification in the United States and is traded on NASDAQ Exchange. It employs 1091 people.

Things to note about Veeco Instrument

Checking the ongoing alerts about Veeco Instrument for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Veeco Instrument help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Veeco Instrument Alerts

Equity Alerts and Improvement Suggestions

Veeco Instrument has a strong financial position based on the latest SEC filings
Latest headline from www.thisisardee.ie: Vacuum Coating System Market Production Demand by 2031 This Is Ardee - This Is Ardee
Also, please take a look at World Market Map. 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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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.
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Go
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Go
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Go
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Go
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Go
CEO Directory
Screen CEOs from public companies around the world
Go
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Go
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Go
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Go
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.