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

    F00000OKTI -- Ireland Fund  

    EUR 29.44  0.18  0.61%

    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
     29.44 30 days 29.44  ABOUT 23.26%
    Based on normal probability distribution, the odds of Veritas Global to move above current price in 30 days from now is about 23.26% (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 has beta of 0.4888 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 Focus EUR D will be expected to be much smaller as well. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Veritas Global Focus is significantly underperforming DOW.
     Veritas Global Price Density 
          Price 
    α
    Alpha over DOW
    =0.18
    β
    Beta against DOW=0.49
    σ
    Overall volatility
    =13.22
    Ir
    Information ratio =0.1

    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

    Price Density Drivers

    Veritas Global Health Indicators

    Additionally see Investing Opportunities. Please also try Portfolio Manager module to state of the art portfolio manager to monitor and improve performance of your invested capital.
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