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

    IE00B8GFK154 -- Ireland Fund  

    EUR 17.24  0.32  1.82%

    Neuberger Berman probability of target price tool provides mechanism to make assumptions about upside and downside potential of Neuberger Berman US Mlt Cp Opp 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
     17.24 30 days 17.24  ROUGHLY 2.02%
    Based on normal probability distribution, the odds of Neuberger Berman to move above current price in 30 days from now is roughly 2.02% (This Neuberger Berman US Mlt Cp Opp 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 US Mlt Cp Opp has beta of -0.0385 . This indicates 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 US Mlt Cp Opp is likely to outperform the market. Additionally Neuberger Berman US Mlt Cp Opp has an alpha of 0.0677 implying that it can potentially generate 0.0677% excess return over DOW after adjusting for the inherited market risk (beta).
     Neuberger Berman Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.07
    β
    Beta against DOW=0.04
    σ
    Overall volatility
    =6.87
    Ir
    Information ratio =0.62

    Neuberger Berman Alerts

    Neuberger Berman Alerts and Suggestions

    Neuberger Berman is not yet fully synchronised with the market data
    The fund retains 99.23% of its assets under management (AUM) in equities
    Please also check Risk vs Return Analysis. Please also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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