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

    F00000T4JV -- Ireland Fund  

    EUR 9.47  0.08  0.85%

    Neuberger Berman probability of target price tool provides mechanism to make assumptions about upside and downside potential of Neuberger Berman AbsRetMltStrt EUR I 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
     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 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.040573
    β
    Beta against DOW=0.03
    σ
    Overall volatility
    =4.69
    Ir
    Information ratio =0.71

    Neuberger Berman Alerts

    Neuberger Berman Alerts and Suggestions

    The fund retains about 27.16% 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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