Neuberger Berman Competition
| NBET Etf | 35.53 0.31 0.88% |
Neuberger Berman vs Amplify Cash Correlation
Very weak diversification
The correlation between Neuberger Berman Energy and COWS is 0.56 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Neuberger Berman Energy and COWS in the same portfolio, assuming nothing else is changed.
Moving together with Neuberger Etf
| 0.89 | XLE | Energy Select Sector Aggressive Push | PairCorr |
| 0.93 | VDE | Vanguard Energy Index | PairCorr |
| 0.84 | XOP | SPDR SP Oil | PairCorr |
| 0.85 | OIH | VanEck Oil Services | PairCorr |
| 0.94 | IYE | iShares Energy ETF | PairCorr |
Moving against Neuberger Etf
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 Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Neuberger Berman and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of Neuberger and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Neuberger Berman Energy does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Neuberger Berman Constituents Risk-Adjusted Indicators
There is a big difference between Neuberger Etf performing well and Neuberger Berman ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Neuberger Berman's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| HDMV | 0.42 | 0.07 | 0.05 | 0.64 | 0.39 | 0.90 | 2.28 | |||
| FLSA | 0.71 | (0.02) | 0.00 | (0.04) | 0.00 | 1.54 | 4.29 | |||
| RAYC | 0.69 | 0.10 | 0.04 | (2.31) | 0.88 | 1.81 | 7.60 | |||
| IDEC | 0.30 | 0.08 | 0.06 | 1.81 | 0.18 | 0.69 | 2.29 | |||
| AUMI | 1.98 | 0.53 | 0.19 | 0.74 | 1.98 | 4.49 | 13.18 | |||
| LALT | 0.52 | 0.11 | 0.10 | 0.55 | 0.55 | 1.16 | 3.48 | |||
| HAIL | 1.42 | (0.10) | 0.00 | (0.01) | 0.00 | 3.02 | 8.02 | |||
| FPWR | 0.49 | 0.05 | (0.01) | (2.70) | 0.54 | 0.96 | 2.67 | |||
| SQLV | 0.77 | 0.02 | 0.03 | 0.07 | 0.74 | 2.27 | 5.04 | |||
| COWS | 0.73 | 0.03 | 0.03 | 0.08 | 0.76 | 1.78 | 4.14 |
Neuberger Berman Competitive Analysis
The better you understand Neuberger Berman competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Neuberger Berman's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Neuberger Berman's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Neuberger Berman Competition Performance Charts
Five steps to successful analysis of Neuberger Berman Competition
Neuberger Berman's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Neuberger Berman Energy in relation to its competition. Neuberger Berman's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Neuberger Berman in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Neuberger Berman's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Neuberger Berman Energy, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your Neuberger Berman position
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Check out Neuberger Berman Correlation with its peers. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Investors evaluate Neuberger Berman Energy using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Neuberger Berman's intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. External factors like market trends, sector rotation, and investor psychology can cause Neuberger Berman's market price to deviate significantly from intrinsic value.
It's important to distinguish between Neuberger Berman's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Neuberger Berman should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Neuberger Berman's market price signifies the transaction level at which participants voluntarily complete trades.