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NABAX Neuberger Berman Abs Ret Multi-Mgr A Forecast, Technical & Fundamental Analysis

Category Trading
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Meta Platforms (NASDAQ:META), Exxon Mobil Corp (NYSE:XOM), Chevron Corp (NYSE:CVX), Pioneer Natural Resource Co (null:PXD), Hess Corp (NYSE:HES), Splunk (NASDAQ:SPLK).

Industry description

The investment seeks capital appreciation with an emphasis on absolute (i.e., positive) returns. The fund seeks to achieve its goal by allocating its assets to multiple subadvisers that employ a variety of investment strategies. The Portfolio Managers are responsible for selecting each subadviser and for determining the amount of fund assets to allocate to each subadviser. The Portfolio Managers allocate fund assets among a variety of investment strategies to subadvisers whose strategy the Portfolio Managers believe, when combined to form a single portfolio, can provide attractive risk-adjusted returns over the long term.

Market Cap

The average market capitalization across the Neuberger Berman Abs Ret Multi-Mgr A MF is 420.14B. The market cap for tickers in the group ranges from 12.6B to 1.24T. META holds the highest valuation in this group at 1.24T. The lowest valued company is KRTX at 12.6B.

Volume

The average weekly volume growth across all stocks in the Neuberger Berman Abs Ret Multi-Mgr A MF was -0%. For the same stocks of the MF, the average monthly volume growth was 22% and the average quarterly volume growth was -6%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 83
P/E Growth Rating: 40
Price Growth Rating: 48
SMR Rating: 46
Profit Risk Rating: 23
Seasonality Score: -16 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category Trading

Profile
Fundamentals
Details
Category
Multistrategy
Address
Neuberger Berman Alternative Funds605 Third AvenueNew York
Phone
(212) 476-8800
Web
www.nb.com
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NABAX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, NABAX has been loosely correlated with GARUX. These tickers have moved in lockstep 53% of the time. This A.I.-generated data suggests there is some statistical probability that if NABAX jumps, then GARUX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To NABAX
1D Price
Change %
NABAX100%
-0.09%
GARUX - NABAX
53%
Loosely correlated
N/A
BXMIX - NABAX
41%
Loosely correlated
N/A
GSGPX - NABAX
34%
Loosely correlated
N/A
GSRTX - NABAX
33%
Loosely correlated
N/A
BXMYX - NABAX
16%
Poorly correlated
N/A
More