|Horizon||30 Days Login to change|
Neuberger Berman Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|6.91||30 days||6.91||ABOUT 30.78%|
Based on normal probability distribution, the odds of Neuberger Berman to move above current price in 30 days from now is about 30.78% (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 0.0107 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||=||0.12|
|Beta against DOW||=||0.0107|