Veon Stock Technical Analysis

VEON Stock  USD 23.62  0.01  0.04%   
As of the 23rd of April, VEON has the coefficient of variation of 597.17, and Risk Adjusted Performance of 0.1102. In connection with fundamental indicators, the technical analysis model makes it possible for you to check practical technical drivers of VEON, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to break down and interpolate data for nineteen technical drivers for VEON, which can be compared to its competition. Please validate VEON variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if VEON is priced adequately, providing market reflects its prevalent price of 23.62 per share. Given that VEON has jensen alpha of 0.2931, we advise you to double-check VEON's current market performance to make sure the company can sustain itself at some point in the future.

VEON Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as VEON, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to VEON
  
VEON's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

VEON Analyst Consensus

Target PriceAdvice# of Analysts
2.7Strong Buy1Odds
VEON current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most VEON 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 VEON stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of VEON, talking to its executives and customers, or listening to VEON conference calls.
VEON Analyst Advice Details
VEON 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 VEON technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of VEON 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...

VEON Technical Analysis

Indicator
Time Period
Execute Indicator
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 VEON volatility. High ATR values indicate high volatility, and low values indicate low volatility.

VEON Trend Analysis

Use this graph to draw trend lines for VEON. You can use it to identify possible trend reversals for VEON 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 VEON price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

VEON Best Fit Change Line

The following chart estimates an ordinary least squares regression model for VEON applied against its price change over selected period. The best fit line has a slop of   0.04  , which means VEON will continue generating value for investors. It has 122 observation points and a regression sum of squares at 65.67, which is the sum of squared deviations for the predicted VEON price change compared to its average price change.

About VEON 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 VEON 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 VEON based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on VEON price pattern first instead of the macroeconomic environment surrounding VEON. By analyzing VEON'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 VEON'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 VEON specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2020 2024 (projected)
Dividend Yield0.09810.0522
Price To Sales Ratio0.330.36

VEON April 23, 2024 Technical Indicators

Most technical analysis of VEON 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 VEON from various momentum indicators to cycle indicators. When you analyze VEON 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.

VEON April 23, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as VEON stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether VEON offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VEON's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Veon Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Veon Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VEON. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in VEON Stock, please use our How to Invest in VEON guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for VEON Stock analysis

When running VEON's price analysis, check to measure VEON'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 VEON is operating at the current time. Most of VEON's value examination focuses on studying past and present price action to predict the probability of VEON's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VEON's price. Additionally, you may evaluate how the addition of VEON to your portfolios can decrease your overall portfolio volatility.
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Is VEON'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 VEON. If investors know VEON 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 VEON 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
0.75
Earnings Share
7
Revenue Per Share
52.656
Quarterly Revenue Growth
0.061
Return On Assets
0.0494
The market value of VEON is measured differently than its book value, which is the value of VEON that is recorded on the company's balance sheet. Investors also form their own opinion of VEON's value that differs from its market value or its book value, called intrinsic value, which is VEON'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 VEON's market value can be influenced by many factors that don't directly affect VEON'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 VEON's value and its price as these two are different measures arrived at by different means. Investors typically determine if VEON is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VEON'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.