VEEV vs. POWERINDIA.NS

Last updated Jun 13, 2026

VEEV (Veeva Systems Inc.) and POWERINDIA.NS (Hitachi Energy India Limited) are both stocks. VEEV operates in Health Information Services (Healthcare), while POWERINDIA.NS operates in Electronic Components (Technology). Over the past 5 years, VEEV returned -11.82%/yr vs 70.01%/yr for POWERINDIA.NS. At a 0.02 correlation, their price movements are largely independent.

Performance

VEEV vs. POWERINDIA.NS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Veeva Systems Inc. (VEEV) and Hitachi Energy India Limited (POWERINDIA.NS). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

VEEV is traded in USD, while POWERINDIA.NS is traded in INR. To make them comparable, the POWERINDIA.NS values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, VEEV achieves a -28.53% return, which is significantly lower than POWERINDIA.NS's 77.07% return.

VEEV

• 1D: -1.24%
• 1M: 2.45%
• YTD: -28.53%
• 6M: -28.54%
• 1Y: -43.46%
• 3Y*: -5.80%
• 5Y*: -11.82%
• 10Y*: 16.73%

POWERINDIA.NS

• 1D: 3.27%
• 1M: 8.75%
• YTD: 77.07%
• 6M: 67.24%
• 1Y: 81.56%
• 3Y*: 93.39%
• 5Y*: 70.01%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

VEEV vs. POWERINDIA.NS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
VEEV Veeva Systems Inc.	-28.53%	6.17%	9.21%	19.30%	-36.83%	-6.16%	87.05%
POWERINDIA.NS Hitachi Energy India Limited	77.07%	21.02%	166.34%	56.58%	19.33%	91.82%	96.26%

Correlation

The correlation between VEEV and POWERINDIA.NS is -0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.05
Correlation (3Y) Calculated over the trailing 3-year period	-0.02
Correlation (5Y) Calculated over the trailing 5-year period	0.00
Correlation (All Time) Calculated using the full available price history since Mar 30, 2020	0.02

Return for Risk

VEEV vs. POWERINDIA.NS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VEEV

VEEV Risk / Return Rank: 5
VEEV Sharpe Ratio Rank: 2
VEEV Sortino Ratio Rank: 3
VEEV Omega Ratio Rank: 4
VEEV Calmar Ratio Rank: 9
VEEV Martin Ratio Rank: 6

POWERINDIA.NS

POWERINDIA.NS Risk / Return Rank: 89
POWERINDIA.NS Sharpe Ratio Rank: 92
POWERINDIA.NS Sortino Ratio Rank: 90
POWERINDIA.NS Omega Ratio Rank: 88
POWERINDIA.NS Calmar Ratio Rank: 87
POWERINDIA.NS Martin Ratio Rank: 88

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VEEV vs. POWERINDIA.NS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Veeva Systems Inc. (VEEV) and Hitachi Energy India Limited (POWERINDIA.NS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	VEEV	POWERINDIA.NS	Difference
Sharpe ratio: Return per unit of total volatility	-1.22	1.90	-3.11
Sortino ratio: Return per unit of downside risk	-1.88	2.60	-4.48
Omega ratio: Gain probability vs. loss probability	0.77	1.31	-0.54
Calmar ratio: Return relative to maximum drawdown	-0.86	2.87	-3.73
Martin ratio: Return relative to average drawdown	-1.51	7.46	-8.98

VEEV vs. POWERINDIA.NS - Sharpe Ratio Comparison

The current VEEV Sharpe Ratio is -1.22, which is lower than the POWERINDIA.NS Sharpe Ratio of 1.90. The chart below compares the historical Sharpe Ratios of VEEV and POWERINDIA.NS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

VEEV vs. POWERINDIA.NS - Drawdown Comparison

The maximum VEEV drawdown since its inception was -61.35%, which is greater than POWERINDIA.NS's maximum drawdown of -42.04%. Use the drawdown chart below to compare losses from any high point for VEEV and POWERINDIA.NS.

Drawdown Indicators

	VEEV	POWERINDIA.NS	Difference
Max Drawdown Largest peak-to-trough decline	-61.35%	-42.04%	-19.31%
Max Drawdown (1Y) Largest decline over 1 year	-50.55%	-29.37%	-21.18%
Max Drawdown (3Y) Largest decline over 3 years	-50.55%	-42.04%	-8.51%
Max Drawdown (5Y) Largest decline over 5 years	-55.69%	-42.04%	-13.65%
Max Drawdown (10Y) Largest decline over 10 years	-55.69%	—	—
Current Drawdown Current decline from peak	-53.21%	-10.83%	-42.38%
Average Drawdown Average peak-to-trough decline	-26.08%	-9.89%	-16.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	28.76%	11.28%	+17.48%

Volatility

VEEV vs. POWERINDIA.NS - Volatility Comparison

The current volatility for Veeva Systems Inc. (VEEV) is 14.08%, while Hitachi Energy India Limited (POWERINDIA.NS) has a volatility of 14.99%. This indicates that VEEV experiences smaller price fluctuations and is considered to be less risky than POWERINDIA.NS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VEEV	POWERINDIA.NS	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.08%	14.99%	-0.91%
Volatility (6M) Calculated over the trailing 6-month period	29.27%	32.20%	-2.93%
Volatility (1Y) Calculated over the trailing 1-year period	35.87%	44.55%	-8.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.98%	46.14%	-8.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.23%	44.60%	-6.37%

Dividends

VEEV vs. POWERINDIA.NS - Dividend Comparison

VEEV has not paid dividends to shareholders, while POWERINDIA.NS's dividend yield for the trailing twelve months is around 0.02%.

Position	TTM	2025	2024	2023	2022	2021
POWERINDIA.NS Hitachi Energy India Limited	0.02%	0.03%	0.03%	0.06%	0.09%	0.08%
VEEV Veeva Systems Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both VEEV and POWERINDIA.NS in my portfolio?

VEEV and POWERINDIA.NS have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.