|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|
|7.10||30 days||7.10||ABOUT 34.9%|
Based on normal probability distribution, the odds of Neuberger Berman to move above current price in 30 days from now is about 34.9% (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 -0.0683 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
|Alpha over DOW||=||0.18|
|Beta against DOW||=||0.07|