Veritas Global (Ireland) Probability of Target Price Finishing Over Current Price

    F00000OKTI -- Ireland Fund  

    EUR 30.49  0.42  1.36%

    Veritas Global probability of target price tool provides mechanism to make assumptions about upside and downside potential of Veritas Global Focus EUR D performance during a given time horizon utilizing its historical volatility. Please specify Veritas Global time horizon, a valid symbol (red box) and a target price (blue box) you would like Veritas Global odds to be computed. Additionally see Investing Opportunities.
    Horizon     30 Days    Login   to change
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    Veritas Global Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     30.49 30 days 30.49  ABOUT 17.87%
    Based on normal probability distribution, the odds of Veritas Global to move above current price in 30 days from now is about 17.87% (This Veritas Global Focus EUR D probability density function shows the probability of Veritas Global Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Veritas Global Focus EUR D has beta of -0.2644 suggesting as returns on benchmark increase, returns on holding Veritas Global are expected to decrease at a much smaller rate. During bear market, however, Veritas Global Focus EUR D is likely to outperform the market. Additionally Veritas Global Focus EUR D has an alpha of 0.3088 implying that it can potentially generate 0.3088% excess return over DOW after adjusting for the inherited market risk (beta).
     Veritas Global Price Density 
          Price 
    α
    Alpha over DOW
    =0.31
    β
    Beta against DOW=0.26
    σ
    Overall volatility
    =14.57
    Ir
    Information ratio =0.35

    Veritas Global Alerts

    Veritas Global Alerts and Suggestions

    Veritas Global Focus is not yet fully synchronised with the market data
    The fund retains about 7.45% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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