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

    IE00B8PKGK23 -- Ireland Fund  

    EUR 9.23  0.02  0.22%

    Neuberger Berman probability of target price tool provides mechanism to make assumptions about upside and downside potential of Neuberger Berman GlSr FlRt EUR A 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
     9.23 30 days 9.23  UNDER 4%
    Based on normal probability distribution, the odds of Neuberger Berman to move above current price in 30 days from now is under 4% (This Neuberger Berman GlSr FlRt EUR A 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 GlSr FlRt EUR A has beta of -0.0165 . 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 GlSr FlRt EUR A is likely to outperform the market. Additionally Neuberger Berman GlSr FlRt EUR A has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Neuberger Berman Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.02
    β
    Beta against DOW=0.02
    σ
    Overall volatility
    =3.99
    Ir
    Information ratio =3.55

    Neuberger Berman Alerts

    Neuberger Berman Alerts and Suggestions

    The fund retains about 22.21% of its assets under management (AUM) in cash
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