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

    F0GBR06Q8T -- Ireland Fund  

    GBp 17,766  39.00  0.22%

    Veritas Global probability of target price tool provides mechanism to make assumptions about upside and downside potential of Veritas Global Eq Income Retail GBP 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
     17,766 30 days 17,766  ABOUT 1.5%
    Based on normal probability distribution, the odds of Veritas Global to move above current price in 30 days from now is about 1.5% (This Veritas Global Eq Income Retail GBP 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 0.0053 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 Eq Income Retail GBP will be expected to be much smaller as well. Additionally Veritas Global Eq Income Retail GBP has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Veritas Global Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.09
    β
    Beta against DOW=0.0053
    σ
    Overall volatility
    =6,752
    Ir
    Information ratio =0.22

    Veritas Global Alerts

    Veritas Global Alerts and Suggestions

    Veritas Global Eq is not yet fully synchronised with the market data
    Veritas Global Eq generates negative expected return over the last 30 days
    The fund retains 99.3% of its assets under management (AUM) in equities
    Additionally see Investing Opportunities. Please also try Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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