|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 30.57 ||30 days|| 30.57 || ABOUT 15.77%|
Based on normal probability distribution, the odds of Veritas Global to move above current price in 30 days from now is about 15.77% (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 -0.5357 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 0.5664 implying that it can potentially generate 0.5664% excess return over DOW after adjusting for the inherited market risk (beta).
Veritas Global Price Density
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|Current Price || ||Target Price || |