Veritas Global (Ireland) Risk Analysis And Volatility Evaluation

F0GBR06Q8T -- Ireland Fund  

GBp 18,010  42.00  0.23%

Macroaxis considers Veritas Global unknown risk given 1 month investment horizon. Veritas Global Eq owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.0715 which indicates Veritas Global Eq had 0.0715% of return per unit of risk over the last 1 month. Our philosophy towards measuring volatility of a fund is to use all available market data together with company specific technical indicators that cannot be diversified away. By inspecting Veritas Global Eq technical indicators you can presently evaluate if the expected return of 0.5611% is justified by implied risk. Please operate Veritas Global Coefficient Of Variation of 827.24 and Risk Adjusted Performance of 0.01 to confirm if our risk estimates are consistent with your expectations.
 Time Horizon     30 Days    Login   to change

Veritas Global Eq Technical Analysis

Transformation
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Projected Return Density Against Market

Assuming 30 trading days horizon, Veritas Global has beta of 0.0 suggesting unless we do not have required data, the returns on DOW and Veritas Global are completely uncorrelated. Furthermore, Veritas Global Eq Income Retail GBPIt does not look like Veritas Global alpha can have any bearing on the equity current valuation.
Assuming 30 trading days horizon, the coefficient of variation of Veritas Global is 1399.02. The daily returns are destributed with a variance of 61.63 and standard deviation of 7.85. The mean deviation of Veritas Global Eq Income Retail GBP is currently at 4.7. For similar time horizon, the selected benchmark (DOW) has volatility of 0.0
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=7.85
Ir
Information ratio =0.00

Actual Return Volatility

Veritas Global Eq Income Retail GBP accepts 7.8505% volatility on return distribution over the 30 days horizon. DOW inherits 0.0% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Veritas Global Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Unaffected

Investment Outlook

Veritas Global Investment Opportunity
Veritas Global Eq Income Retail GBP has a volatility of 7.85 and is 9.223372036854776E16 times more volatile than DOW. 71% 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 Eq Income Retail GBP is higher than 71 (%) of all global equities and portfolios over the last 30 days.

Volatility Indicators

Veritas Global Current Risk Indicators
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