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

    F00000OKTJ -- Ireland Fund  

    GBp 4,098  136.00  3.21%

    Veritas Global probability of target price tool provides mechanism to make assumptions about upside and downside potential of Veritas Global Focus GBP 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
     4,098 30 days 4,098  ABOUT 26.47%
    Based on normal probability distribution, the odds of Veritas Global to move above current price in 30 days from now is about 26.47% (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, Veritas Global Focus GBP D has beta of -89.5515 suggesting as returns on its benchmark rise, returns on holding Veritas Global Focus GBP D are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Veritas Global is expected to outperform its benchmark. In addition to that The company has an alpha of 402.4268 implying that it can potentially generate 402.4268% excess return over DOW after adjusting for the inherited market risk (beta).
     Veritas Global Price Density 
    Alpha over DOW
    Beta against DOW=89.55
    Overall volatility
    Information ratio =0.20

    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

    Veritas GlobalPrice Density Drivers