Neuberger Berman Intermediate Fund Market Value
| XNBHX Fund | USD 11.91 0.04 0.34% |
| Symbol | Neuberger |
Please note, there is a significant difference between Neuberger Berman's value and its price as these two are different measures arrived at by different means. Investors typically determine if Neuberger Berman is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Neuberger Berman's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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 mutual 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.
| 03/19/2024 |
| 04/18/2024 |
If you would invest 0.00 in Neuberger Berman on March 19, 2024 and sell it all today you would earn a total of 0.00 from holding Neuberger Berman Intermediate or generate 0.0% return on investment in Neuberger Berman over 30 days. Neuberger Berman is related to or competes with Tekla Healthcare, Tekla Life, Flaherty, Cohen, Tekla Healthcare, Royce Value, and John Hancock. Neuberger Berman is entity of United States 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 mutual 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 Intermediate upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 2.23 | |||
| Value At Risk | (0.42) | |||
| Potential Upside | 0.2523 |
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 | (0.05) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | 0.6806 |
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 Int Backtested Returns
Neuberger Berman Int has Sharpe Ratio of -0.0118, which conveys that the entity had a -0.0118% return per unit of risk over the last 3 months. Neuberger Berman exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Neuberger Berman's Risk Adjusted Performance of (0.05), mean deviation of 0.1932, and Standard Deviation of 0.2999 to check out the risk estimate we provide. The fund secures a Beta (Market Risk) of -0.0419, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Neuberger Berman are expected to decrease at a much lower rate. During the bear market, Neuberger Berman is likely to outperform the market.
Auto-correlation | 0.78 |
Good predictability
Neuberger Berman Intermediate has good predictability. Overlapping area represents the amount of predictability between Neuberger Berman time series from 19th of March 2024 to 3rd of April 2024 and 3rd of April 2024 to 18th 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 Int price movement. The serial correlation of 0.78 indicates that around 78.0% of current Neuberger Berman price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Neuberger Berman Int lagged returns against current returns
Autocorrelation, which is Neuberger Berman mutual 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 mutual 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 mutual 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 mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Neuberger Berman mutual 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 mutual 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 mutual 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 mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Neuberger Berman Intermediate.
Regressed Prices |
| Timeline |
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Neuberger Berman technical mutual 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.