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

    F00000OKTI -- Ireland Fund  

    EUR 30.57  0.27  0.89%

    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
     30.57 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 
    Current Price   Target Price   
    Alpha over DOW
    Beta against DOW=0.54
    Overall volatility
    Information ratio =0.21

    Veritas Global Alerts

    Veritas Global Alerts and Suggestions

    The fund retains about 7.45% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .