NEUBERGER BERMAN Correlations

NBGIX Fund

USD 55.48 -0.14 -0.25%

Current 90-days correlation between Neuberger Berman Genesis and T Rowe Price is 0.38 (i.e., Weak diversification).The correlation coefficient for NEUBERGER BERMAN ranges from -1 to +1. Values above 0.8 suggest strong positive correlation - both assets move together - while values below -0.5 suggest a useful diversification pairing.

Correlation With Market: NEUBERGER BERMAN

Very poor diversification

Across the chosen horizon, NBGIX and DJI show a correlation of 0.8 and fall into the Very poor diversification bucket. In portfolio terms, the overlap visualization shows how much shared movement remains after both positions are combined.

NEUBERGER BERMAN has P/E of 24.52. Review Correlation Analysis for broader portfolio context. This reflects a position in Neuberger Berman Genesis within the portfolio mix. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Moving together with NEUBERGER Mutual Fund

0.86	NPNEX	Neuberger Berman Large	Pair Corr
0.87	NPNCX	Neuberger Berman Large	Pair Corr
0.85	NPNAX	Neuberger Berman Large	Pair Corr
0.86	NPNRX	Neuberger Berman Large	Pair Corr
0.92	NPRTX	Neuberger Berman Large	Pair Corr
0.78	NHS	Neuberger Berman High	Pair Corr
0.74	NRCRX	Neuberger Berman Core	Pair Corr
0.89	NREMX	Neuberger Berman Emerging	Pair Corr
0.64	NRERX	Neuberger Berman Real	Pair Corr
0.63	NREAX	Neuberger Berman Real	Pair Corr
0.64	NREEX	Neuberger Berman Real	Pair Corr
0.64	NRECX	Neuberger Berman Real	Pair Corr
1.0	NRGSX	Neuberger Berman Genesis	Pair Corr
0.85	NRHIX	Neuberger Berman High	Pair Corr
1.0	NRGEX	Neuberger Berman Genesis	Pair Corr
0.79	NRILX	Neuberger Berman Intl	Pair Corr
0.76	NRIQX	Neuberger Berman	Pair Corr
0.91	NRINX	Neuberger Berman	Pair Corr
0.86	NRLCX	Neuberger Berman Large	Pair Corr
0.64	NRREX	Neuberger Berman Real	Pair Corr
0.81	NRSIX	Neuberger Berman	Pair Corr
0.64	NSNCX	Neuberger Berman Small	Pair Corr
0.65	NSNAX	Neuberger Berman Small	Pair Corr
0.65	NSNRX	Neuberger Berman Small	Pair Corr
0.66	NSRSX	Neuberger Berman Small	Pair Corr
0.81	NSTLX	Neuberger Berman	Pair Corr
0.82	NSTTX	Neuberger Berman	Pair Corr
1.0	NBGAX	Neuberger Berman Genesis	Pair Corr
1.0	NBGEX	Neuberger Berman Genesis	Pair Corr
1.0	NBGNX	Neuberger Berman Genesis	Pair Corr

Moving against NEUBERGER Mutual Fund

0.65	NBGUX	Neuberger Berman Guardian	Pair Corr
0.65	NBGTX	Neuberger Berman Guardian	Pair Corr

Related Correlations Analysis

	NBGEX	NBGNX	TQAAX	TQAIX	MGRAX	PASSX	MGRDX	PRMTX	HSWYX	PRVIX
NBGEX		1.0	0.9	0.9	0.84	0.85	0.87	0.26	0.86	0.69	NBGEX
NBGNX	1.0		0.9	0.9	0.84	0.85	0.87	0.26	0.86	0.69	NBGNX
TQAAX	0.9	0.9		1.0	0.81	0.83	0.88	0.25	0.84	0.62	TQAAX
TQAIX	0.9	0.9	1.0		0.82	0.84	0.88	0.26	0.85	0.63	TQAIX
MGRAX	0.84	0.84	0.81	0.82		0.83	0.94	0.42	0.9	0.72	MGRAX
PASSX	0.85	0.85	0.83	0.84	0.83		0.86	0.63	0.81	0.94	PASSX
MGRDX	0.87	0.87	0.88	0.88	0.94	0.86		0.44	0.97	0.73	MGRDX
PRMTX	0.26	0.26	0.25	0.26	0.42	0.63	0.44		0.38	0.79	PRMTX
HSWYX	0.86	0.86	0.84	0.85	0.9	0.81	0.97	0.38		0.68	HSWYX
PRVIX	0.69	0.69	0.62	0.63	0.72	0.94	0.73	0.79	0.68		PRVIX
	NBGEX	NBGNX	TQAAX	TQAIX	MGRAX	PASSX	MGRDX	PRMTX	HSWYX	PRVIX

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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
NBGEX	0.75	0.02	0.02	0.01	0.91	-0.77	1.97	-1.61	4.78
NBGNX	0.75	0.02	0.02	0.01	0.91	-0.77	1.98	-1.60	4.79
TQAAX	0.87	0.03	0.02	0.01	1.08	-0.91	1.49	-1.73	6.60
TQAIX	0.87	0.03	0.02	0.01	1.08	-0.89	1.48	-1.73	6.58
MGRAX	0.57	0.02	0.03	-0.17	0.87	-0.55	1.18	-1.29	4.40
PASSX	0.92	0.18	0.15	0.12	0.92	-0.97	1.67	-1.83	11.25
MGRDX	0.57	0.03	0.04	0.04	0.87	-0.55	1.20	-1.28	4.39
PRMTX	1.22	0.45	0.47	1.05	0.40	-1.51	1.12	-1.49	34.50
HSWYX	0.66	0.02	0.02	0.01	0.98	-0.65	1.20	-1.57	5.44
PRVIX	1.12	0.43	0.41	0.30	0.54	-1.41	2.22	-1.47	15.65

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