Veritas Global (Ireland) Probability of Target Price Finishing Over

    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.
     Time 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
     0.00 30 days 0.00  ABOUT 86.7%
    Based on normal probability distribution, the odds of Veritas Global to move above current price in 30 days from now is about 86.7% (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 -0.15 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 a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Veritas Global Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.23
    β
    Beta against DOW=0.15
    σ
    Overall volatility
    =14.02
    Ir
    Information ratio =0.32

    Veritas Global Alerts

    Veritas Global Alerts and Suggestions
    Veritas Global Focus has some characteristics of a very speculative penny stock
    The fund retains about 7.45% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Technical Analysis module to check basic technical indicators and analysis based on most latest market data.