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

F00000PVOQ -- Ireland Fund  

AUD 6.76  0.16  2.31%

Neuberger Berman probability of target price tool provides mechanism to make assumptions about upside and downside potential of Neuberger Berman HY Bd AUD C2 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 Neuberger Berman Backtesting, Portfolio Optimization, Neuberger Berman Correlation, Neuberger Berman Hype Analysis, Neuberger Berman Volatility, Neuberger Berman History as well as Neuberger Berman Performance.
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
 6.76 30 days 6.76  ABOUT 36.58%
Based on normal probability distribution, the odds of Neuberger Berman to move above current price in 30 days from now is about 36.58% (This Neuberger Berman HY Bd AUD C2 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 has beta of 0.4667 suggesting as returns on market go up, Neuberger Berman average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Neuberger Berman HY Bd AUD C2 Mthly will be expected to be much smaller as well. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Neuberger Berman is significantly underperforming DOW.
 Neuberger Berman Price Density 
Alpha over DOW
Beta against DOW=0.47
Overall volatility
Information ratio =0.6

Neuberger Berman Alerts and Suggestions

Neuberger Berman generates negative expected return over the last 30 days
The fund retains about 6.5% of its assets under management (AUM) in cash