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

    F00000Q0UK -- Ireland Fund  

    AUD 7.30  0.04  0.55%

    Neuberger Berman probability of target price tool provides mechanism to make assumptions about upside and downside potential of Neuberger Berman HY Bd AUD B Weekly 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
     7.30 30 days 7.30  ABOUT 29.85%
    Based on normal probability distribution, the odds of Neuberger Berman to move above current price in 30 days from now is about 29.85% (This Neuberger Berman HY Bd AUD B Weekly 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 Weekly has beta of -0.0362 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 Weekly is likely to outperform the market. Additionally Neuberger Berman HY Bd AUD B Weekly 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   
    α
    Alpha over DOW
    =0.11
    β
    Beta against DOW=0.04
    σ
    Overall volatility
    =3.43
    Ir
    Information ratio =0.19

    Neuberger Berman Alerts

    Neuberger Berman Alerts and Suggestions

    Neuberger Berman is not yet fully synchronised with the market data
    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
    Additionally see Investing Opportunities. Please also try Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of macroaxis ideas.
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