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

    F00000SQIW -- Ireland Fund  

    EUR 8.92  0.08  0.89%

    Neuberger Berman probability of target price tool provides mechanism to make assumptions about upside and downside potential of Neuberger Berman AbsRetMltStrt EUR A Acc 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
     8.92 30 days 8.92  ABOUT 34.39%
    Based on normal probability distribution, the odds of Neuberger Berman to move above current price in 30 days from now is about 34.39% (This Neuberger Berman AbsRetMltStrt EUR A Acc 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 AbsRetMltStrt EUR A Acc has beta of -0.0479 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 AbsRetMltStrt EUR A Acc is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Neuberger Berman Abs is significantly underperforming DOW.
     Neuberger Berman Price Density 
          Price 
    α
    Alpha over DOW
    =0.11
    β
    Beta against DOW=0.05
    σ
    Overall volatility
    =3.88
    Ir
    Information ratio =0.46

    Neuberger Berman Alerts and Suggestions

    Neuberger Berman Abs is not yet fully synchronised with the market data
    The fund retains about 27.16% of its assets under management (AUM) in cash
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