RELIANCE INDS (India) Alpha and Beta Analysis

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RELIANCE -- India Stock  

INR 1,486  11.05  0.74%

This module allows you to check different measures of market premium (i.e. an alpha and beta) for RELIANCE INDS as well as systematic risk associated with investing in RELIANCE INDS over a specified time horizon. Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility againt benchmark. The goal is to know if an investor is being compensated for the volatility risk taken.The return on investment might be better than a benchmark but still not compensate for the assumption of the volatility risk. Additionally take a look at Your Equity Center.

RELIANCE INDS Market Premiums

α0.09   β0.15
30 days against DJI

RELIANCE INDS Fundamentals

 Better Than Average     
 Worse Than Average Compare RELIANCE INDS to competition

RELIANCE INDS Fundamental Vs Peers

FundamentalsRELIANCE INDSPeer Average
Return On Equity11.68 (0.31) 
Return On Asset4.24 (0.14) 
Profit Margin7.10 (1.27) 
Operating Margin10.94 (5.51) 
Current Valuation10750 B16.62 B
Shares Outstanding6.34 B571.82 M
Price to Earning20.15 28.72 

RELIANCE INDS Opportunities

RELIANCE INDS Return and Market Media

The median price of RELIANCE INDS for the period between Tue, Nov 26, 2019 and Mon, Feb 24, 2020 is 1533.9 with a coefficient of variation of 3.48. The daily time series for the period is distributed with a sample standard deviation of 52.78, arithmetic mean of 1518.59, and mean deviation of 44.7. The Stock did not receive any noticable media coverage during the period.
 Price Growth (%)