The entity has beta of 0.0 which indicates the returns on MARKET and Veritas Global are completely uncorrelated. Although it is extremely important to respect Veritas Global Focus
current price movements, it is better to be realistic regarding the information on equity historical returns. The philosophy towards measuring future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By inspecting Veritas Global Focus technical indicators
you can presently evaluate if the expected return of 0.0% will be sustainable into the future.
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. Allthough quite persistent forward indicators, Veritas Global is not utilizing all of its potentials. The current stock price mess, may contribute to short standing losses for the partners.
|Fifty Two Week Low||27.91|
|Fifty Two Week High||28.23|
|Annual Report Expense Ratio||0.87%|
Veritas Global Focus Relative Risk vs. Return Landscape
If you would invest (100.00)
in Veritas Global Focus EUR D on May 19, 2019
and sell it today you would earn a total of 100.00
from holding Veritas Global Focus EUR D or generate -100.0%
return on investment over 30
days. Veritas Global Focus EUR D is generating negative expected returns and assumes 0.0% volatility on return distribution over the 30 days horizon. Simply put, 0% of equities are less volatile than Veritas Global and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Veritas Global Market Risk Analysis
Sharpe Ratio = 0.0
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