The entity has beta of -85.6194 which indicates as returns on market increase, returns on owning Veritas Global are expected to decrease by larger amounts. On the other hand, during market turmoil, Veritas Global is expected to significantly outperform it. 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 GBP D exposes twenty different technical indicators which can help you to evaluate its performance.
|Horizon||30 Days Login to change|
Veritas Global Focus Relative Risk vs. Return LandscapeIf you would invest 436,000 in Veritas Global Focus GBP D on December 19, 2018 and sell it today you would lose (26,200) from holding Veritas Global Focus GBP D or give up 6.01% of portfolio value over 30 days. Veritas Global Focus GBP D is generating negative expected returns and assumes 4.0535% volatility on return distribution over the 30 days horizon. Simply put, 36% 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 Current Valuation
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 p;4098.0. 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 = -0.3635
Veritas Global Relative Performance Indicators
Estimated Market Risk
Risk-Adjusted Fund PerformanceOver the last 30 days Veritas Global Focus GBP D has generated negative risk-adjusted returns adding no value to fund investors.
|Fifty Two Week Low||42.1300|
|Fifty Two Week High||42.2900|
|Annual Report Expense Ratio||0.88%|