Veon Stock Beta

VEON Stock  USD 23.35  0.08  0.34%   
VEON fundamentals help investors to digest information that contributes to VEON's financial success or failures. It also enables traders to predict the movement of VEON Stock. The fundamental analysis module provides a way to measure VEON's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to VEON stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

VEON Company Beta Analysis

VEON's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

 = 

Covariance

Variance

More About Beta | All Equity Analysis

Current VEON Beta

    
  1.65  
Most of VEON's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, VEON is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

VEON Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for VEON is extremely important. It helps to project a fair market value of VEON Stock properly, considering its historical fundamentals such as Beta. Since VEON's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of VEON's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of VEON's interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Competition

In accordance with the recently published financial statements, VEON has a Beta of 1.649. This is 28.83% higher than that of the Wireless Telecommunication Services sector and 129.03% higher than that of the Communication Services industry. The beta for all United States stocks is notably lower than that of the firm.

VEON Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses VEON's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of VEON could also be used in its relative valuation, which is a method of valuing VEON by comparing valuation metrics of similar companies.
VEON is currently under evaluation in beta category among related companies.

VEON ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, VEON's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to VEON's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

VEON Institutional Holders

Institutional Holdings refers to the ownership stake in VEON that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of VEON's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing VEON's value.
Shares
Deutsche Bank Ag2023-12-31
46.9 K
Geode Capital Management, Llc2023-12-31
43.3 K
Goldman Sachs Group Inc2023-12-31
34.2 K
Macquarie Group Ltd2023-12-31
29.3 K
Monaco Asset Management2023-12-31
23.8 K
Daiwa Securities Group Inc2023-12-31
11.1 K
Northern Trust Corp2023-12-31
10.5 K
Ubs Group Ag2023-12-31
7.2 K
Morgan Stanley - Brokerage Accounts2023-12-31
1.6 K
Exor Investments (uk) Llp2023-12-31
5.3 M
Shah Capital Management2023-12-31
M
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, VEON will likely underperform.

VEON Fundamentals

About VEON Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze VEON's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of VEON using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of VEON based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Also Currently Popular

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.
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 VEON Piotroski F Score and VEON Altman Z Score analysis.
To learn how to invest in VEON Stock, please use our How to Invest in VEON guide.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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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.