|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.One Month Beta |Analyze Veritas Global Eq Demand TrendCheck current 30 days Veritas Global correlation with market (DOW)|
β = 0.0053
Veritas Global Eq Technical Analysis
Veritas Global Projected Return Density Against MarketAssuming 30 trading days horizon, Veritas Global has beta of 0.0053 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 Eq Income Retail GBP will be expected to be much smaller as well. Additionally, Veritas Global Eq Income Retail GBP 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
Veritas Global Return VolatilityVeritas Global Eq Income Retail GBP accepts 1.488% volatility on return distribution over the 30 days horizon. DOW inherits 1.0635% risk (volatility on return distribution) over the 30 days horizon.