Neuberger Berman Strategic Fund Volatility
| NSTAX Fund | USD 10.02 -0.03 -0.30% |
Neuberger Berman Strategic continues to exhibit relatively low price volatility over the last 3 months. Neuberger Berman Strategic indicates a Sharpe ratio of -0.0723, indicating negative risk-adjusted returns over the last 3 months. The latest risk read is supported by 20 technical indicators.
Sharpe Ratio = -0.0723
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NSTAX |
Neuberger Berman Strategic (NSTAX) recorded a Market Risk Adjusted Performance of -0.2%, a Risk of 0.23, and a Risk Adjusted Performance of -0.1%. Based on monthly moving average, NEUBERGER BERMAN is not performing at its full potential. A well-diversified portfolio allocation may improve risk-adjusted returns for NEUBERGER BERMAN.
Key indicators related to NEUBERGER BERMAN's volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
NEUBERGER BERMAN Mutual Fund volatility depicts how high the prices fluctuate around the mean price. Higher volatility implies greater uncertainty about NEUBERGER BERMAN's future price, while lower volatility suggests more predictable behavior.
NEUBERGER |
Volatility Strategy
Neuberger Berman Strategic price volatility may influence cost basis positioning and portfolio weighting over time. Price retracements and recoveries can alter allocation balance. Current statistical measures show total volatility near 0.23% with a beta coefficient of 0.0849, indicating sensitivity relative to the broader market benchmark. Risk-adjusted efficiency, represented by a Sharpe ratio of -0.0723, evaluates return per unit of total risk. An alpha value of -0.0164 reflects performance relative to systematic market exposure. Expected return estimates near -0.0163% are derived from historical distribution modeling and help frame forward-looking return assumptions within a portfolio context. Volatility effects depend on underlying market structure and exposure characteristics.
Main indicators related to NEUBERGER BERMAN's market risk premium analysis include:
Beta 0.0849 | Alpha -0.02 | Risk 0.23 | Sharpe Ratio -0.07 | Expected Return -0.02 |
Moving together with NEUBERGER Mutual Fund
| 0.77 | NPNEX | Neuberger Berman Large | PairCorr |
| 0.78 | NPNCX | Neuberger Berman Large | PairCorr |
| 0.77 | NPNAX | Neuberger Berman Large | PairCorr |
| 0.95 | NHS | Neuberger Berman High | PairCorr |
| 0.61 | NRAEX | Neuberger Berman | PairCorr |
| 0.87 | NRCRX | Neuberger Berman Core | PairCorr |
| 0.8 | NREMX | Neuberger Berman Emerging | PairCorr |
| 0.84 | NRGSX | Neuberger Berman Genesis | PairCorr |
| 0.91 | NRHIX | Neuberger Berman High | PairCorr |
| 0.84 | NRGEX | Neuberger Berman Genesis | PairCorr |
| 0.78 | NRILX | Neuberger Berman Intl | PairCorr |
| 0.76 | NRIQX | Neuberger Berman | PairCorr |
| 0.67 | NRINX | Neuberger Berman | PairCorr |
| 0.77 | NRLCX | Neuberger Berman Large | PairCorr |
| 0.62 | NRREX | Neuberger Berman Real | PairCorr |
| 1.0 | NRSIX | Neuberger Berman | PairCorr |
| 1.0 | NSTLX | Neuberger Berman | PairCorr |
| 1.0 | NSTTX | Neuberger Berman | PairCorr |
| 0.84 | NBGAX | Neuberger Berman Genesis | PairCorr |
Sensitivity To Market
NEUBERGER BERMAN beta coefficient measures the volatility of NEUBERGER mutual fund relative to the systematic risk of the overall market benchmark. Mathematically, beta represents the slope of the regression line comparing NEUBERGER returns against market returns. A beta of 0.0849 indicates the degree of sensitivity to market-wide movements. Current total volatility is approximately 0.23%.Neuberger Berman Strategic has shown noticeable price swings over the selected period. Downside deviation is about 0.0% and standard deviation is about 0.22%, which summarize how widely returns have moved. For NEUBERGER BERMAN, the volatility profile is a portfolio effect rather than a single-company effect.
3 Months Beta |Analyze Neuberger Berman Demand TrendCheck current 90 days NEUBERGER BERMAN correlation with market (Dow Jones Industrial)Downside Risk
NEUBERGER standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. High standard deviation indicates a volatile instrument; low standard deviation indicates a more stable one.
Standard Deviation | 0.23 |
It is essential to understand the difference between upside risk and downside risk for NEUBERGER BERMAN. Standard deviation measures total volatility including favorable moves, while downside deviation isolates the loss risk in NEUBERGER BERMAN's daily returns. Neuberger Berman Strategic (NSTAX) recorded a Maximum Drawdown of 1.19.
Mutual Fund Volatility Analysis
Volatility refers to the frequency at which NEUBERGER BERMAN fund price increases or decreases within a specified period. It is generally measured from either the standard deviation or variance between returns from that same mutual fund.
Transformation |
This analysis covers sixty-one data points across the selected time horizon. Neuberger Berman Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
Projected Return Density Against Market
Assuming a 90-day horizon NEUBERGER BERMAN has a beta of 0.0849 . This indicates as returns on the market go up, NEUBERGER BERMAN's average returns are expected to increase less than the benchmark. However, during a bear market, the loss from holding Neuberger Berman Strategic is expected to be smaller as well.NEUBERGER BERMAN is exposed to both systematic and unsystematic risk. Systematic risk reflects broader mutual fund market movements, while company or sector-specific developments represent nonmarket drivers. Diversification may reduce specific risk, but market exposure remains. Beta and standard deviation help quantify volatility. Neuberger Berman Strategic (NSTAX) recorded a Mean Deviation of 0.16 and a Standard Deviation of 0.22.
Predicted Return Distribution |
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What Drives NEUBERGER BERMAN's Price Volatility?
Industry Dynamics
Regulatory updates, demand shifts, and competitive changes in the Neuberger Berman sector can move NEUBERGER BERMAN's volatility even when broad indices are stable.Political and Economic Environment
Rates, inflation expectations, and policy headlines can shift discount rates and risk appetite for NEUBERGER BERMAN.NEUBERGER BERMAN's Company-Specific Factors
Earnings surprises, guidance changes, management decisions, and litigation risk are common catalysts for sharp re-pricing in NEUBERGER BERMAN's shares.Mutual Fund Risk Measures
Assuming a 90-day horizon the coefficient of variation of NEUBERGER BERMAN is -1384.07. The daily returns are distributed with a variance of 0.05 and standard deviation of 0.23. The mean deviation of Neuberger Berman Strategic is currently at 0.17. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.82
α | Alpha over Dow Jones | -0.0164 | |
β | Beta against Dow Jones | 0.08 | |
σ | Overall volatility | 0.23 | |
Ir | Information ratio | 0.19 |
Mutual Fund Return Volatility
NEUBERGER BERMAN historical daily return volatility represents how much of NEUBERGER BERMAN fund's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The fund reported 0.2256% volatility on return distribution over a 90-day investment horizon. By contrast, Dow Jones Industrial has volatility of 0.8484% on return distribution over a 90-day investment horizon. Performance |
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Related Correlations Analysis
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
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Risk-Adjusted Indicators
Strong recent returns in NEUBERGER Mutual Fund do not always mean NEUBERGER BERMAN Mutual Fund is outperforming peers on business quality. Risk-adjusted metrics help compare NEUBERGER BERMAN's efficiency and downside exposure against peers on a like-for-like basis. These indicators are quantitative in nature and help investors evaluate volatility and risk-adjusted expected returns across different positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SPFEX | 0.76 | -0.15 | 0.00 | -4.86 | 0.00 | 1.15 | 2.86 | |||
| FJNSCX | 0.80 | 0.13 | 0.14 | 0.09 | 0.84 | 2.21 | 4.71 | |||
| ABVCX | 0.60 | 0.11 | 0.15 | 0.08 | 0.70 | 1.52 | 3.56 | |||
| FADZX | 0.08 | -0.01 | 0.00 | -0.52 | 0.00 | 0.19 | 0.57 | |||
| FWYFAX | 0.39 | 0.03 | 0.10 | 0.00 | 0.56 | 0.69 | 2.43 | |||
| FOKLTX | 0.78 | -0.16 | 0.00 | -1.93 | 0.00 | 0.91 | 2.30 | |||
| SCPXX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Risk Metrics, Assumptions & Methodology
NAV dispersion for NEUBERGER BERMAN measures the spread of periodic returns around the mean, reflecting exposure variability. Higher dispersion implies a wider range of plausible outcomes for any given holding period.
This section for Neuberger Berman Strategic is built from fund disclosures and market reference feeds, with reporting definitions aligned before display. Values may update on different source schedules. Volatility and downside metrics are estimated from historical return dispersion.
This content is curated and reviewed by:
Ellen Johnson - Member of Macroaxis Editorial BoardNEUBERGER BERMAN Investment Opportunity
Neuberger Berman Strategic currently shows materially lower return volatility than Dow Jones Industrial, with a relative multiple of about 3.7. Investors usually compare this volatility gap with trend durability and valuation before deciding which name better fits the mandate.You can use Neuberger Berman Strategic to protect the portfolio against small market fluctuations. This move summary looks at how the current session may translate into a basic near-term setup. It is most useful when combined with broader risk controls and position-sizing discipline. a normal downward trend and little activity. Check odds of NEUBERGER BERMAN to be traded at $9.92 in 90 days.Poor diversification
Across the chosen horizon, NEUBERGER BERMAN and Dow Jones show a correlation of 0.68 and fall into the Poor diversification bucket. This chart helps evaluate whether adding Dow Jones genuinely reduces risk relative to holding NEUBERGER BERMAN alone.
NEUBERGER BERMAN Additional Risk Indicators
Risk analysis around Neuberger Berman Strategic becomes more useful when investors review secondary indicators that can confirm, refine, or challenge the basic volatility picture. A disciplined risk review provides context for deciding whether exposure should be maintained, reduced, or offset elsewhere in the portfolio.
| Risk Adjusted Performance | -0.07 | |||
| Market Risk Adjusted Performance | -0.25 | |||
| Mean Deviation | 0.1585 | |||
| Coefficient Of Variation | -1,845 | |||
| Standard Deviation | 0.218 | |||
| Variance | 0.0475 | |||
| Information Ratio | 0.1912 |
NEUBERGER BERMAN Suggested Diversification Pairs
Pair analysis around Neuberger Berman Strategic matters because it can turn one security idea into a more market-neutral structure. A disciplined pair strategy still requires monitoring because correlation can weaken when market regimes change.
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against NEUBERGER BERMAN as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. NEUBERGER BERMAN's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, NEUBERGER BERMAN's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Neuberger Berman Strategic.