Veritas Global (Ireland) Risk Analysis And Volatility Evaluation

F00000OKTI -- Ireland Fund  

EUR 29.44  0.18  0.61%

Our philosophy towards measuring volatility of a fund is to use all available market data together with fund specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Veritas Global Focus EUR D which you can use to evaluate future volatility of the fund. Please validate Veritas Global Coefficient Of Variation of (1,526) and Risk Adjusted Performance of (0.09) to confirm if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

Veritas Global Market Sensitivity

As returns on market increase, Veritas Global returns are expected to increase less than the market. However during bear market, the loss on holding Veritas Global will be expected to be smaller as well.
2 Months Beta |Analyze Veritas Global Focus Demand Trend
Check current 30 days Veritas Global correlation with market (DOW)
β = 0.0087

Veritas Global Central Daily Price Deviation

Veritas Global Focus Technical Analysis

Transformation
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Veritas Global Projected Return Density Against Market

Assuming 30 trading days horizon, Veritas Global has beta of 0.0087 suggesting as returns on market go up, Veritas Global average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Veritas Global Focus EUR D will be expected to be much smaller as well. Additionally, Veritas Global Focus EUR D has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.15
β
Beta against DOW=0.0087
σ
Overall volatility
=0.00
Ir
Information ratio =0.0087

Veritas Global Return Volatility

Veritas Global Focus EUR D accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.3105% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Veritas Global Volatility Factors

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

60 Days Economic Sensitivity

Insignificant

Investment Outlook

Veritas Global Investment Opportunity

DOW has a standard deviation of returns of 1.31 and is 9.223372036854776E16 times more volatile than Veritas Global Focus EUR D. 0% of all equities and portfolios are less risky than Veritas Global. Compared to the overall equity markets, volatility of historical daily returns of Veritas Global Focus EUR D is lower than 0 (%) of all global equities and portfolios over the last 30 days.

Veritas Global Volatility Indicators

Veritas Global Focus EUR D Current Risk Indicators

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