Neuberger Berman Variance
| NHS Fund | | | USD 6.58 0.05 0.77% |
The Variance profile for Neuberger Berman High is based on historical price and volume observations. The
Equity Screeners framework provides wider technical analysis context. Neuberger Berman has a market cap of 206.54 M, operating margin of 83.32%, current ratio of 1.23.
Correlation Analysis adds portfolio-level perspective. Adding Neuberger Berman High to a portfolio enables side-by-side comparison with other holdings. The information is presented without directional commentary. Broader economic conditions can influence Neuberger Berman High's fund valuation — related indicators include
signals in rate.
Neuberger Berman High has current Variance of 0.8533. Variance is another measure of security risk that shows the amount of dispersion of equity returns around their mean value. Variance is calculated as the average squared deviations from the mean. Evaluating a set of investment alternatives one can use variance to help determine the volatility when purchasing a specific security. Similar to Standard Deviation, the variance is a measure of how far a set of numbers is spread out around its mean.
Variance | = | SUM(RET DEV)2N |
| = | 0.8533 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Variance Peers Comparison
Variance Relative To Other Indicators
Neuberger Berman High is rated
below average in variance among fund peers. It is currently under evaluation in maximum drawdown among fund peers yielding
7.98 of Maximum Drawdown per Variance. For Neuberger Berman High, Maximum Drawdown stands at
7.98 times Variance
Variance is also a measure of stock volatility and can help determine the risk an investor might take on when purchasing a specific security. A relatively big variance indicates that the daily prices or returns are far from the mean and a small variance indicates that they are located around the mean.
Compare Neuberger Berman to Peers
Other Technical Indicators