|Horizon||30 Days Login to change|
Veritas Global Market Sensitivity
|As returns on market increase, returns on owning Veritas Global are expected to decrease at a much smaller rate. During bear market, Veritas Global is likely to outperform the market.One Month Beta |Analyze Veritas Global Focus Demand TrendCheck current 30 days Veritas Global correlation with market (DOW)|
β = -0.4315
Veritas Global Focus Technical Analysis
Veritas Global Projected Return Density Against MarketAssuming 30 trading days horizon, Veritas Global Focus EUR D has beta of -0.4315 suggesting as returns on benchmark increase, returns on holding Veritas Global are expected to decrease at a much smaller rate. During bear market, however, Veritas Global Focus EUR D is likely to outperform the market. Moreover, Veritas Global Focus EUR D has an alpha of 0.5366 implying that it can potentially generate 0.5366% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Veritas Global Return VolatilityVeritas Global Focus EUR D accepts 0.4457% volatility on return distribution over the 30 days horizon. DOW inherits 0.4303% risk (volatility on return distribution) over the 30 days horizon.