Neuberger Berman (Ireland) Probability of Target Price Finishing Over

    IE00BF109P17 -- Ireland Fund  

    GBp 984.00  6.00  0.61%

    Neuberger Berman probability of target price tool provides mechanism to make assumptions about upside and downside potential of Neuberger Berman AbsRetMltStrt GBP I2Acc 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
     984.00 30 days 984.00  ABOUT 11.68%
    Based on normal probability distribution, the odds of Neuberger Berman to move above current price in 30 days from now is about 11.68% (This Neuberger Berman AbsRetMltStrt GBP I2Acc 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 GBP I2Acc has beta of -0.0323 . 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 AbsRetMltStrt GBP I2Acc is likely to outperform the market. Additionally Neuberger Berman AbsRetMltStrt GBP I2Acc has an alpha of 0.0315 implying that it can potentially generate 0.0315% excess return over DOW after adjusting for the inherited market risk (beta).
     Neuberger Berman Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.031533
    β
    Beta against DOW=0.03
    σ
    Overall volatility
    =491.05
    Ir
    Information ratio =0.45

    Neuberger Berman Alerts

    Neuberger Berman Alerts and Suggestions
    The fund retains about 27.16% of its assets under management (AUM) in cash
    Please also check Risk vs Return Analysis. Please also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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