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

    IE00B3L3LS35 -- Ireland Fund  

    USD 11.23  0.00  0.00%

    Neuberger Berman probability of target price tool provides mechanism to make assumptions about upside and downside potential of Neuberger Berman Diversified Cc USD Ins 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. Please also check Risk vs Return Analysis.
    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
     11.23 30 days 11.23  ABOUT 10.3%
    Based on normal probability distribution, the odds of Neuberger Berman to move above current price in 30 days from now is about 10.3% (This Neuberger Berman Diversified Cc USD Ins 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 has beta of 0.0191 . This indicates as returns on market go up, Neuberger Berman average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Neuberger Berman Diversified Cc USD Ins will be expected to be much smaller as well. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Neuberger Berman Div is significantly underperforming DOW.
     Neuberger Berman Price Density 
          Price 
    α
    Alpha over DOW
    =0.0078
    β
    Beta against DOW=0.0191
    σ
    Overall volatility
    =5.48
    Ir
    Information ratio =0.012003

    Neuberger Berman Alerts and Suggestions

    Neuberger Berman Div is not yet fully synchronised with the market data
    The fund retains about 100.0% of its assets under management (AUM) in cash

    Neuberger BermanPrice Density Drivers

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