Neuberger Berman (Ireland) Probability of Target Price Finishing Over

    IE00B8PKGK23 -- Ireland Fund  

    EUR 9.27  0.00  0.00%

    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.
     Time 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
     9.27 30 days 9.27  ABOUT 12.21%
    Based on normal probability distribution, the odds of Neuberger Berman to move above current price in 30 days from now is about 12.21% (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 -0.0214 . 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
    =0.03
    β
    Beta against DOW=0.02
    σ
    Overall volatility
    =4.69
    Ir
    Information ratio =0.6

    Neuberger Berman Alerts

    Neuberger Berman Alerts and Suggestions
    Neuberger Berman generates negative expected return over the last 30 days
    The fund retains about 22.21% of its assets under management (AUM) in cash
    Please also check Risk vs Return Analysis. Please also try Fundamentals Matrix module to view fundamentals matrix and analyze how accounts are interrelated and interconnected with each other.