|Horizon||30 Days Login to change|
Reliance Mid Market Sensitivity
|As returns on market increase, Reliance Mid returns are expected to increase less than the market. However during bear market, the loss on holding Reliance Mid will be expected to be smaller as well.One Month Beta |Analyze Reliance Mid Small Demand TrendCheck current 30 days Reliance Mid correlation with market (DOW)|
β = 0.1029
Reliance Mid Small Technical Analysis
Reliance Mid Projected Return Density Against MarketAssuming 30 trading days horizon, Reliance Mid has beta of 0.1029 suggesting as returns on market go up, Reliance Mid average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Reliance Mid Small Cap Dir Gr will be expected to be much smaller as well. Moreover, Reliance Mid Small Cap Dir Gr has an alpha of 0.1966 implying that it can potentially generate 0.1966% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Reliance Mid Return VolatilityReliance Mid Small Cap Dir Gr accepts 1.7111% volatility on return distribution over the 30 days horizon. DOW inherits 0.444% risk (volatility on return distribution) over the 30 days horizon.