Neuberger Berman Re Fund Market Value
| NRO Fund | USD 3.16 0.01 0.32% |
| 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 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.
| 04/28/2024 |
| 05/28/2024 |
If you would invest 0.00 in Neuberger Berman on April 28, 2024 and sell it all today you would earn a total of 0.00 from holding Neuberger Berman Re or generate 0.0% return on investment in Neuberger Berman over 30 days. Neuberger Berman is related to or competes with Highland Floating, Neuberger Berman, Allspring Income, Eaton Vance, BlackRock Science, Blackrock Multi, and Blackrock Enhanced. Neuberger Berman Real Estate Securities Income Fund, Inc 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 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 Re upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 5.39 | |||
| Value At Risk | (1.64) | |||
| Potential Upside | 1.9 |
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 | (0.01) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.1) | |||
| Treynor Ratio | (0.02) |
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 Backtested Returns
We consider Neuberger Berman somewhat reliable. Neuberger Berman has Sharpe Ratio of 8.0E-4, which conveys that the entity had a 8.0E-4% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Neuberger Berman, which you can use to evaluate the volatility of the fund. Please verify Neuberger Berman's Mean Deviation of 0.8399, standard deviation of 1.09, and Risk Adjusted Performance of (0.01) to check out if the risk estimate we provide is consistent with the expected return of 9.0E-4%. The fund secures a Beta (Market Risk) of 1.12, which conveys a somewhat significant risk relative to the market. 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 | -0.86 |
Excellent reverse predictability
Neuberger Berman Re has excellent reverse predictability. Overlapping area represents the amount of predictability between Neuberger Berman time series from 28th of April 2024 to 13th of May 2024 and 13th of May 2024 to 28th of May 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 price movement. The serial correlation of -0.86 indicates that approximately 86.0% of current Neuberger Berman price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.86 | |
| Spearman Rank Test | -0.89 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Neuberger Berman lagged returns against current returns
Autocorrelation, which is Neuberger Berman 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 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 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 fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Neuberger Berman 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 fund over time.
Current vs Lagged Prices |
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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 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 fund current value and its past values and can show if there is a momentum factor associated with investing in Neuberger Berman Re.
Regressed Prices |
| Timeline |
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Neuberger Berman technical fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.