Neuberger Berman Focus Fund Market Value
| NFALX Fund | USD 26.45 0.26 0.97% |
| Symbol | Neuberger |
Neuberger Berman 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Neuberger Berman's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Neuberger Berman.
| 03/24/2024 |
| 04/23/2024 |
If you would invest 0.00 in Neuberger Berman on March 24, 2024 and sell it all today you would earn a total of 0.00 from holding Neuberger Berman Focus or generate 0.0% return on investment in Neuberger Berman over 30 days. Neuberger Berman is related to or competes with Neuberger Berman, Neuberger Berman, Neuberger Berman, Neuberger Berman, Neuberger Berman, Neuberger Berman, and Neuberger Berman. The fund invests in a concentrated portfolio, consisting mainly of common stocks of companies of any size that are selec... More
Neuberger Berman Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Neuberger Berman's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Neuberger Berman Focus upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6955 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 3.56 | |||
| Value At Risk | (1.13) | |||
| Potential Upside | 1.46 |
Neuberger Berman Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Neuberger Berman's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Neuberger Berman's standard deviation. In reality, there are many statistical measures that can use Neuberger Berman historical prices to predict the future Neuberger Berman's volatility.| Risk Adjusted Performance | 0.068 | |||
| Jensen Alpha | (0.0005) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.0749 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Neuberger Berman's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Neuberger Berman Focus Backtested Returns
We consider Neuberger Berman very steady. Neuberger Berman Focus has Sharpe Ratio of 0.0563, which conveys that the entity had a 0.0563% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Neuberger Berman, which you can use to evaluate the volatility of the fund. Please verify Neuberger Berman's Mean Deviation of 0.5928, risk adjusted performance of 0.068, and Downside Deviation of 0.6955 to check out if the risk estimate we provide is consistent with the expected return of 0.043%. The fund secures a Beta (Market Risk) of 0.97, which conveys possible diversification benefits within a given portfolio. Neuberger Berman returns are very sensitive to returns on the market. As the market goes up or down, Neuberger Berman is expected to follow.
Auto-correlation | 0.49 |
Average predictability
Neuberger Berman Focus has average predictability. Overlapping area represents the amount of predictability between Neuberger Berman time series from 24th of March 2024 to 8th of April 2024 and 8th of April 2024 to 23rd of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Neuberger Berman Focus price movement. The serial correlation of 0.49 indicates that about 49.0% of current Neuberger Berman price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | 0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 0.24 |
Neuberger Berman Focus lagged returns against current returns
Autocorrelation, which is Neuberger Berman mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Neuberger Berman's mutual fund expected returns. We can calculate the autocorrelation of Neuberger Berman returns to help us make a trade decision. For example, suppose you find that Neuberger Berman has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Neuberger Berman regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Neuberger Berman mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Neuberger Berman mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Neuberger Berman mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Neuberger Berman Lagged Returns
When evaluating Neuberger Berman's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Neuberger Berman mutual fund have on its future price. Neuberger Berman autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Neuberger Berman autocorrelation shows the relationship between Neuberger Berman mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Neuberger Berman Focus.
Regressed Prices |
| Timeline |
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