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Veea (VEEA) Beta : N/A (As of Dec. 11, 2024)


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What is Veea Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-12-11), Veea's Beta is Not available.

Veea Beta Historical Data

The historical data trend for Veea's Beta can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Veea Beta Chart

Veea Annual Data
Trend
Beta

Veea Quarterly Data
Sep23 Jun24 Sep24
Beta - - -

Competitive Comparison of Veea's Beta

For the Information Technology Services subindustry, Veea's Beta, along with its competitors' market caps and Beta data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Veea's Beta Distribution in the Software Industry

For the Software industry and Technology sector, Veea's Beta distribution charts can be found below:

* The bar in red indicates where Veea's Beta falls into.


Veea Beta Calculation

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.

Veea  (NAS:VEEA) Beta Explanation

Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.

Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)

Veea Beta Related Terms

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Veea Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Veea Inc (NAS:VEEA) » Definitions » Beta
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Traded in Other Exchanges
N/A
Address
164 East 83rd Street, New York, NY, USA, 10028
Website
https://www.veea.com
Veea Inc is a company providing edge platform having extensive knowledge and expertise on content delivery and edge computing, and has brought a broad range of Wi-Fi, 4G/5G mobile wireless, and IoT products to market over the past two decades. It has first-in-class VeeaHub smart computing hubs integrate a full range of connectivity options, application processing power, and a full security stack to form an elastic edge computing platform with a dynamic connectivity and application mesh that can easily be deployed and centrally managed from the cloud.