Veritas Global (Ireland) Manager Performance Evaluation

F00000OKTI -- Ireland Fund  

EUR 29.84  0.35  1.19%

The entity has beta of -0.9959 which indicates . Even though it is essential to pay attention to Veritas Global Focus current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis philosophy towards measuring future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Veritas Global Focus EUR D exposes twenty-one different technical indicators which can help you to evaluate its performance.
 Time Horizon     30 Days    Login   to change

Veritas Global Focus Relative Risk vs. Return Landscape

If you would invest  2,985  in Veritas Global Focus EUR D on June 21, 2018 and sell it today you would lose (1.00)  from holding Veritas Global Focus EUR D or give up 0.03% of portfolio value over 30 days. Veritas Global Focus EUR D is generating negative expected returns and assumes 0.9769% volatility on return distribution over the 30 days horizon. Simply put, 8% of equities are less volatile than Veritas Global Focus EUR D and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, Veritas Global Focus EUR D is expected to under-perform the market. In addition to that, the company is 1.7 times more volatile than its market benchmark. It trades about 0.0 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.15 per unit of volatility.

Veritas Global Current Valuation

Not valued
July 21, 2018
29.84
Market Value
0.00
Real Value
Target Odds
  
0.00
Upside
Veritas Global is Unknown risk asset. Veritas Global Focus current Real Value cannot be determined due to lack of data. The regular price of Veritas Global Focus is €29.84. Based on Macroaxis valuation methodology, the fund cannot be evaluated at this time. We determine the value of Veritas Global Focus from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend to buy undervalued stocks and to dispose of overvalued stocks since at some point securities prices and their ongoing real values will draw towards each other.

Veritas Global Market Risk Analysis

Sharpe Ratio = -0.0049
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Veritas Global Relative Performance Indicators

Estimated Market Risk
 0.98
  actual daily
 
 92 %
of total potential
  
Expected Return
 0.0
  actual daily
 
 1 %
of total potential
  
Risk-Adjusted Return
 0.0
  actual daily
 
 1 %
of total potential
  
Based on monthly moving average Veritas Global is performing at about 0% 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 Veritas Global by adding it to a well-diversified portfolio.

Performance Rating

Veritas Global Focus EUR D Risk Adjusted Performance Analysis
0 

Risk-Adjusted Fund Performance

Over the last 30 days Veritas Global Focus EUR D has generated negative risk-adjusted returns adding no value to fund investors.

Veritas Global Alerts

Equity Alerts and Improvement Suggestions
Veritas Global Focus generates negative expected return over the last 30 days
The fund retains about 7.45% of its assets under management (AUM) in cash
Additionally see Investing Opportunities. Please also try Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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