Veritas Global (Ireland) Probability of Target Price Finishing Over

    F00000OKTJ -- Ireland Fund  

    GBp 4,590  30.00  0.66%

    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.
     Time 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
     4,590 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 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =688.29
    β
    Beta against DOW=95.00
    σ
    Overall volatility
    =2,043
    Ir
    Information ratio =0.27

    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 Money Managers module to screen money managers from public funds and etfs managed around the world.