Veritas Global (Ireland) Manager Performance Evaluation

IE00B686VM08 -- Ireland Fund  

GBp 20,859  48.00  0.23%

The entity has beta of 0.0 which indicates the returns on MARKET and Veritas Global are completely uncorrelated. Although it is extremely important to respect Veritas Global Equity current price movements, it is better to be realistic regarding the information on equity historical returns. The philosophy towards measuring future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By inspecting Veritas Global Equity technical indicators you can presently evaluate if the expected return of 0.1352% will be sustainable into the future.
 Time Horizon     30 Days    Login   to change

Veritas Global Equity Relative Risk vs. Return Landscape

If you would invest  2,055,900  in Veritas Global Equity Income GBP D on July 21, 2018 and sell it today you would earn a total of  30,000  from holding Veritas Global Equity Income GBP D or generate 1.46% return on investment over 30 days. Veritas Global Equity Income GBP D is generating 0.1352% of daily returns and assumes 0.8708% volatility on return distribution over the 30 days horizon. Simply put, 7% of equities are less volatile than Veritas Global Equity Income GBP D and 98% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, Veritas Global Equity Income GBP D is expected to generate 1.54 times more return on investment than the market. However, the company is 1.54 times more volatile than its market benchmark. It trades about 0.16 of its potential returns per unit of risk. The DOW is currently generating roughly 0.21 per unit of risk.

Veritas Global Current Valuation

Not valued
August 20, 2018
20,859
Market Value
0.00
Real Value
Target Odds
  
0.00
Upside
Veritas Global is Unknown risk asset. Veritas Global Equity current Real Value cannot be determined due to lack of data. The regular price of Veritas Global Equity is p;20859.0. Based on Macroaxis valuation methodology, the fund cannot be evaluated at this time. We determine the value of Veritas Global Equity 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 = 0.1553
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Veritas Global Relative Performance Indicators

Estimated Market Risk
 0.87
  actual daily
 
 93 %
of total potential
  
Expected Return
 0.14
  actual daily
 
 2 %
of total potential
  
Risk-Adjusted Return
 0.16
  actual daily
 
 10 %
of total potential
  
Based on monthly moving average Veritas Global is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Veritas Global by adding it to a well-diversified portfolio.

Performance Rating

Veritas Global Equity Income GBP D Risk Adjusted Performance Analysis
10 

Risk-Adjusted Fund Performance

Compared to the overall equity markets, risk-adjusted returns on investments in Veritas Global Equity Income GBP D are ranked lower than 10 (%) of all funds and portfolios of funds over the last 30 days.

Veritas Global Alerts

Equity Alerts and Improvement Suggestions
The fund retains 99.3% of its assets under management (AUM) in equities
Please also check Risk vs Return Analysis. Please also try Companies Directory module to evaluate performance of over 100,000 stocks, funds, and etfs against different fundamentals.