Neuberger Berman Stock Forecast - Naive Prediction

NBXG Stock  USD 13.13  0.03  0.23%   
The Naive Prediction forecasted value of Neuberger Berman Next on the next trading day is expected to be 12.86 with a mean absolute deviation of 0.09 and the sum of the absolute errors of 5.30. Neuberger Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Neuberger Berman's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
The Neuberger Berman's current Receivables Turnover is estimated to increase to 128.41. The Neuberger Berman's current Asset Turnover is estimated to increase to 0.12. The current Common Stock Shares Outstanding is estimated to decrease to about 63 M.

Neuberger Berman Cash Forecast

Predicting cash flow or other financial metrics requires analysts to utilize a variety of statistical methods, techniques, and algorithms. These tools help uncover hidden patterns in the Neuberger Berman's financial statements, enabling forecasts of their impact on future stock prices.
 
Cash  
First Reported
2010-12-31
Previous Quarter
543.6 K
Current Value
516.4 K
Quarterly Volatility
789.9 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
A naive forecasting model for Neuberger Berman is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Neuberger Berman Next value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Neuberger Berman Naive Prediction Price Forecast For the 27th of November

Given 90 days horizon, the Naive Prediction forecasted value of Neuberger Berman Next on the next trading day is expected to be 12.86 with a mean absolute deviation of 0.09, mean absolute percentage error of 0.01, and the sum of the absolute errors of 5.30.
Please note that although there have been many attempts to predict Neuberger Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Neuberger Berman's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Neuberger Berman Stock Forecast Pattern

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Neuberger Berman Forecasted Value

In the context of forecasting Neuberger Berman's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Neuberger Berman's downside and upside margins for the forecasting period are 11.90 and 13.83, respectively. We have considered Neuberger Berman's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
13.13
12.86
Expected Value
13.83
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Neuberger Berman stock data series using in forecasting. Note that when a statistical model is used to represent Neuberger Berman stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information Criteria113.8174
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0869
MAPEMean absolute percentage error0.0069
SAESum of the absolute errors5.3026
This model is not at all useful as a medium-long range forecasting tool of Neuberger Berman Next. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Neuberger Berman. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Neuberger Berman

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Neuberger Berman Next. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
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.
Hype
Prediction
LowEstimatedHigh
12.1513.1214.09
Details
Intrinsic
Valuation
LowRealHigh
11.7712.7413.71
Details
Bollinger
Band Projection (param)
LowMiddleHigh
12.9313.1113.28
Details

Other Forecasting Options for Neuberger Berman

For every potential investor in Neuberger, whether a beginner or expert, Neuberger Berman's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Neuberger Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Neuberger. Basic forecasting techniques help filter out the noise by identifying Neuberger Berman's price trends.

Neuberger Berman Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Neuberger Berman stock to make a market-neutral strategy. Peer analysis of Neuberger Berman could also be used in its relative valuation, which is a method of valuing Neuberger Berman by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Neuberger Berman Next Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Neuberger Berman's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Neuberger Berman's current price.

Neuberger Berman Market Strength Events

Market strength indicators help investors to evaluate how Neuberger Berman stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Neuberger Berman shares will generate the highest return on investment. By undertsting and applying Neuberger Berman stock market strength indicators, traders can identify Neuberger Berman Next entry and exit signals to maximize returns.

Neuberger Berman Risk Indicators

The analysis of Neuberger Berman's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Neuberger Berman's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting neuberger stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Currently Active Assets on Macroaxis

When determining whether Neuberger Berman Next is a strong investment it is important to analyze Neuberger Berman's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Neuberger Berman's future performance. For an informed investment choice regarding Neuberger Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Neuberger Berman to cross-verify your projections.
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.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Neuberger Berman. If investors know Neuberger will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Neuberger Berman listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
2.63
The market value of Neuberger Berman Next is measured differently than its book value, which is the value of Neuberger that is recorded on the company's balance sheet. Investors also form their own opinion of Neuberger Berman's value that differs from its market value or its book value, called intrinsic value, which is Neuberger Berman's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Neuberger Berman's market value can be influenced by many factors that don't directly affect Neuberger Berman's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.