|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 4,590 ||30 days|| 4,590 || ABOUT 7.97%|
Based on normal probability distribution, the odds of Veritas Global to move above current price in 30 days from now is about 7.97% (This Veritas Global Focus GBP 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, the fund has beta coefficient of 95.0 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, Veritas Global will likely underperform. In addition to that Veritas Global Focus GBP D has an alpha of 688.287 implying that it can potentially generate 688.287% excess return over DOW after adjusting for the inherited market risk (beta).
Veritas Global Price Density
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|Current Price || ||Target Price || |