Neuberger Berman Correlations

NLSIX Fund

USD 20.04 0.04 0.20%

The current 90-days correlation between Neuberger Berman Long and Gamco Natural Resources is 0.21 (i.e., Modest diversification). The correlation of Neuberger Berman is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Neuberger Berman Long. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as various price indices.

Moving against Neuberger Mutual Fund

0.37	NRGSX	Neuberger Berman Genesis	Pair Corr
0.37	NRGEX	Neuberger Berman Genesis	Pair Corr
0.32	NPNEX	Neuberger Berman Large	Pair Corr
0.32	NPNCX	Neuberger Berman Large	Pair Corr
0.32	NPNAX	Neuberger Berman Large	Pair Corr
0.32	NPNRX	Neuberger Berman Large	Pair Corr
0.32	NPRTX	Neuberger Berman Large	Pair Corr
0.32	NRLCX	Neuberger Berman Large	Pair Corr
0.31	NRMGX	Neuberger Berman Mid	Pair Corr
0.37	NBGAX	Neuberger Berman Genesis	Pair Corr
0.37	NBGEX	Neuberger Berman Genesis	Pair Corr
0.37	NBGIX	Neuberger Berman Genesis	Pair Corr
0.37	NBGNX	Neuberger Berman Genesis	Pair Corr
0.31	NBMLX	Neuberger Berman Mid	Pair Corr

Related Correlations Analysis

	VLPAX	IGNAX	GLPAX	PEO	MLOIX	XGNTX
VLPAX		0.92	0.85	0.85	0.71	0.93	VLPAX
IGNAX	0.92		0.87	0.93	0.79	0.98	IGNAX
GLPAX	0.85	0.87		0.91	0.84	0.88	GLPAX
PEO	0.85	0.93	0.91		0.92	0.88	PEO
MLOIX	0.71	0.79	0.84	0.92		0.73	MLOIX
XGNTX	0.93	0.98	0.88	0.88	0.73		XGNTX
	VLPAX	IGNAX	GLPAX	PEO	MLOIX	XGNTX

Risk-Adjusted Indicators

There is a big difference between Neuberger Mutual Fund performing well and Neuberger Berman Mutual Fund 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
VLPAX	0.75	0.21	0.19	1.51	0.51	(0.97)	1.44	(1.06)	7.78
IGNAX	0.91	0.21	0.15	0.34	1.00	(0.98)	1.85	(2.10)	4.62
GLPAX	0.47	0.11	0.09	1.33	0.39	(0.52)	1.18	(0.86)	3.02
PEO	0.85	0.24	0.19	0.72	0.65	(0.96)	2.12	(1.39)	4.75
MLOIX	0.72	0.13	0.11	0.28	0.71	(0.77)	1.53	(1.53)	3.79
XGNTX	0.67	0.19	0.18	0.61	0.50	(0.81)	1.58	(1.17)	3.15

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC

Neuberger Berman Correlations

Moving against Neuberger Mutual Fund

Related Correlations Analysis

Risk-Adjusted Indicators

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY