|Horizon||30 Days Login to change|
Veritas Global Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds 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
|Alpha over DOW||=||0.18|
|Beta against DOW||=||0.49|