Veritas Global (Ireland) Probability of Target Price Finishing Over

    F0GBR06Q8T -- Ireland Fund  

    GBp 18,010  42.00  0.23%

    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.
     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
     18,010 30 days 18,010  NEARLY 4.27%
    Based on normal probability distribution, the odds of Veritas Global to move above current price in 30 days from now is nearly 4.27% (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 0.0437 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 an alpha of 0.0065 implying that it can potentially generate 0.0065% excess return over DOW after adjusting for the inherited market risk (beta).
     Veritas Global Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.006508
    β
    Beta against DOW=0.0437
    σ
    Overall volatility
    =7,769
    Ir
    Information ratio =0.7

    Veritas Global Alerts

    Veritas Global Alerts and Suggestions
    Veritas Global Eq has very high historical volatility over the last 30 days
    The fund retains 99.3% of its assets under management (AUM) in equities
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