|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 9.47 ||30 days|| 9.47 || ABOUT 23.44%|
Based on normal probability distribution, the odds of Neuberger Berman to move above current price in 30 days from now is about 23.44% (This Neuberger Berman AbsRetMltStrt EUR I 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 I Acc has beta of -0.0339 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 I Acc is likely to outperform the market. Additionally Neuberger Berman AbsRetMltStrt EUR I Acc has an alpha of 0.0406 implying that it can potentially generate 0.0406% excess return over DOW after adjusting for the inherited market risk (beta).
Neuberger Berman Price Density
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|Current Price || ||Target Price || |