|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 7.24 ||30 days|| 7.24 || ABOUT 25.36%|
Based on normal probability distribution, the odds of Neuberger Berman to move above current price in 30 days from now is about 25.36% (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 HY Bd AUD C2 Mthly has beta of -0.0302 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 C2 Mthly is likely to outperform the market. Additionally Neuberger Berman HY Bd AUD C2 Mthly has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Neuberger Berman Price Density
| || |
|Current Price || ||Target Price || |