Veritas Global (Ireland) Risk Analysis And Volatility

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 Eq Income Retail GBP which you can use to evaluate future volatility of the fund. Please validate Veritas Global Semi Deviation of 0.4321, Coefficient Of Variation of 655.79 and Risk Adjusted Performance of 0.1109 to confirm if risk estimate we provide are consistent with the epected return of 0.0%.

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Odds

60 Days Economic Sensitivity

Insignificant
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 Eq Demand Trend
Check current 30 days Veritas Global correlation with market (DOW)
β = 0.1702

Veritas Global Central Daily Price Deviation

Veritas Global Eq Technical Analysis

Transformation
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Veritas Global Projected Return Density Against Market

Assuming 30 trading days horizon, Veritas Global has beta of 0.1702 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. Moreover, The company has an alpha of 0.1674 implying that it can potentially generate 0.1674% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.17
β
Beta against DOW=0.17
σ
Overall volatility
=0.00
Ir
Information ratio =0.14

Veritas Global Return Volatility

the fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 0.6518% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Veritas Global Investment Opportunity

DOW has a standard deviation of returns of 0.65 and is 9.223372036854776E16 times more volatile than Veritas Global Eq Income Retail GBP. 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 Eq Income Retail GBP is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Veritas Global Eq Income Retail GBP to protect your portfolios against small markets fluctuations. The fund experiences very speculative upward sentiment. Check odds of Veritas Global to be traded at p;0.0 in 30 days. . 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.

Veritas Global correlation with market

correlation synergy
Average diversification
Overlapping area represents the amount of risk that can be diversified away by holding Veritas Global Eq Income Retai and equity matching DJI index in the same portfolio.

Veritas Global Current Risk Indicators

Veritas Global Suggested Diversification Pairs

Additionally see Investing Opportunities. Please also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.
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