Neuberger Berman (Ireland) Probability of Target Price Finishing Over Current Price

    F00000PVOP -- Ireland Fund  

    AUD 7.37  0.05  0.68%

    Neuberger Berman probability of target price tool provides mechanism to make assumptions about upside and downside potential of Neuberger Berman HY Bd AUD B Mthly performance during a given time horizon utilizing its historical volatility. Please specify Neuberger Berman time horizon, a valid symbol (red box) and a target price (blue box) you would like Neuberger Berman odds to be computed. Additionally see Investing Opportunities.
    Horizon     30 Days    Login   to change
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    Neuberger Berman Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     7.37 30 days 7.37  ABOUT 23.55%
    Based on normal probability distribution, the odds of Neuberger Berman to move above current price in 30 days from now is about 23.55% (This Neuberger Berman HY Bd AUD B Mthly probability density function shows the probability of Neuberger Berman Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Neuberger Berman HY Bd AUD B Mthly has beta of -0.0219 suggesting as returns on benchmark increase, returns on holding Neuberger Berman are expected to decrease at a much smaller rate. During bear market, however, Neuberger Berman HY Bd AUD B Mthly is likely to outperform the market. Additionally Neuberger Berman HY Bd AUD B Mthly has an alpha of 0.0131 implying that it can potentially generate 0.0131% excess return over DOW after adjusting for the inherited market risk (beta).
     Neuberger Berman Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.013061
    β
    Beta against DOW=0.02
    σ
    Overall volatility
    =3.66
    Ir
    Information ratio =3.17

    Neuberger Berman Alerts

    Neuberger Berman Alerts and Suggestions

    The fund retains about 6.5% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Idea Breakdown module to analyze constituents of all macroaxis ideas. macroaxis investment ideas are predefined, sector-focused investing themes.
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