Neuberger Berman Genesis Fund Market Value
| NBGEX Fund | USD 72.86 1.17 1.63% |
| 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 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.
| 05/28/2024 |
| 11/24/2024 |
If you would invest 0.00 in Neuberger Berman on May 28, 2024 and sell it all today you would earn a total of 0.00 from holding Neuberger Berman Genesis or generate 0.0% return on investment in Neuberger Berman over 180 days. Neuberger Berman is related to or competes with Sound Shore, Fidelity Diversified, Total Return, Longleaf Partners, and Templeton Foreign. The fund invests mainly in common stocks of small-capitalization companies, which it defines as those with a total marke... 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 Genesis upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.04 | |||
| Information Ratio | 0.0324 | |||
| Maximum Drawdown | 6.49 | |||
| Value At Risk | (1.29) | |||
| Potential Upside | 1.85 |
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 | 0.114 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0365 | |||
| Treynor Ratio | 0.116 |
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 Genesis Backtested Returns
At this stage we consider Neuberger Mutual Fund to be very steady. Neuberger Berman Genesis has Sharpe Ratio of 0.12, which conveys that the entity had a 0.12% 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 verify Neuberger Berman's Downside Deviation of 1.04, risk adjusted performance of 0.114, and Mean Deviation of 0.834 to check out if the risk estimate we provide is consistent with the expected return of 0.14%. The fund secures a Beta (Market Risk) of 1.37, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Neuberger Berman will likely underperform.
Auto-correlation | 0.50 |
Modest predictability
Neuberger Berman Genesis has modest predictability. Overlapping area represents the amount of predictability between Neuberger Berman time series from 28th of May 2024 to 26th of August 2024 and 26th of August 2024 to 24th of November 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 Genesis 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 | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 4.72 |
Neuberger Berman Genesis 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 Genesis.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Neuberger Mutual Fund
Neuberger Berman financial ratios help investors to determine whether Neuberger Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Neuberger with respect to the benefits of owning Neuberger Berman security.
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