Neuberger Berman Mlp Fund Market Value
| NML Fund | USD 7.43 0.06 0.81% |
| Symbol | Neuberger |
Neuberger Berman 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Neuberger Berman's fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Neuberger Berman.
| 01/24/2024 |
| 04/23/2024 |
If you would invest 0.00 in Neuberger Berman on January 24, 2024 and sell it all today you would earn a total of 0.00 from holding Neuberger Berman Mlp or generate 0.0% return on investment in Neuberger Berman over 90 days. Neuberger Berman is related to or competes with Tortoise Energy, Tortoise Energy, Apollo Tactical, Aberdeen Australia, Nuveen Multi, Mount Logan, and Urbana. Neuberger Berman MLP and Energy Income Fund Inc More
Neuberger Berman Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Neuberger Berman's fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Neuberger Berman Mlp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9625 | |||
| Information Ratio | 0.1578 | |||
| Maximum Drawdown | 5.66 | |||
| Value At Risk | (1.54) | |||
| Potential Upside | 1.81 |
Neuberger Berman Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Neuberger Berman's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Neuberger Berman's standard deviation. In reality, there are many statistical measures that can use Neuberger Berman historical prices to predict the future Neuberger Berman's volatility.| Risk Adjusted Performance | 0.1549 | |||
| Jensen Alpha | 0.1781 | |||
| Total Risk Alpha | 0.1089 | |||
| Sortino Ratio | 0.1673 | |||
| Treynor Ratio | 0.3059 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Neuberger Berman's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Neuberger Berman Mlp Backtested Returns
Neuberger Berman appears to be not too volatile, given 3 months investment horizon. Neuberger Berman Mlp has Sharpe Ratio of 0.25, which conveys that the entity had a 0.25% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Neuberger Berman, which you can use to evaluate the volatility of the fund. Please exercise Neuberger Berman's Downside Deviation of 0.9625, mean deviation of 0.7912, and Risk Adjusted Performance of 0.1549 to check out if our risk estimates are consistent with your expectations. The fund secures a Beta (Market Risk) of 0.79, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Neuberger Berman's returns are expected to increase less than the market. However, during the bear market, the loss of holding Neuberger Berman is expected to be smaller as well.
Auto-correlation | 0.50 |
Modest predictability
Neuberger Berman Mlp has modest predictability. Overlapping area represents the amount of predictability between Neuberger Berman time series from 24th of January 2024 to 9th of March 2024 and 9th of March 2024 to 23rd of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Neuberger Berman Mlp price movement. The serial correlation of 0.5 indicates that about 50.0% of current Neuberger Berman price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Neuberger Berman Mlp lagged returns against current returns
Autocorrelation, which is Neuberger Berman fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Neuberger Berman's fund expected returns. We can calculate the autocorrelation of Neuberger Berman returns to help us make a trade decision. For example, suppose you find that Neuberger Berman has exhibited high autocorrelation historically, and you observe that the fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Neuberger Berman regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Neuberger Berman fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Neuberger Berman fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Neuberger Berman fund over time.
Current vs Lagged Prices |
| Timeline |
Neuberger Berman Lagged Returns
When evaluating Neuberger Berman's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Neuberger Berman fund have on its future price. Neuberger Berman autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Neuberger Berman autocorrelation shows the relationship between Neuberger Berman fund current value and its past values and can show if there is a momentum factor associated with investing in Neuberger Berman Mlp.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Neuberger Berman in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Neuberger Berman's short interest history, or implied volatility extrapolated from Neuberger Berman options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Neuberger Berman Correlation, Neuberger Berman Volatility and Neuberger Berman Alpha and Beta module to complement your research on Neuberger Berman. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Neuberger Berman technical fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.