As of 17 of February Reliance Medium holds Risk Adjusted Performance of 2.04 and Coefficient Of Variation of 68.48. Reliance Medium Term technical analysis gives you tools to exploit past prices in attempt to determine a pattern that determines the direction of the fund future prices. In other words you can use this information to find out if the fund will indeed mirror its model of past market data or the prices will eventually revert. We found nineteen technical drivers for Reliance Medium Term which can be compared to its competitors. Please check Reliance Medium Term Variance, Jensen Alpha and the relationship between Standard Deviation and Information Ratio to decide if Reliance Medium Term is priced some-what accurately providing market reflects its current price of 12.49 per share.
|Horizon||30 Days Login to change|
Reliance Medium Term Technical Analysis
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Reliance Medium Term Trend AnalysisUse this graph to draw trend lines for Reliance Medium Term Direct Div. You can use it to identify possible trend reversals for Reliance Medium as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Reliance Medium price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Reliance Medium Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Reliance Medium Term Direct Div applied against its price change over selected period. The best fit line has a slop of 0.005716 % which means Reliance Medium Term Direct Div will continue generating value for investors. It has 78 observation points and a regression sum of squares at 0.32, which is the sum of squared deviations for the predicted Reliance Medium price change compared to its average price change.
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
|All Next||Launch Correlation Analysis|
|Risk Adjusted Performance||2.04|
|Market Risk Adjusted Performance||(8.97)|
|Coefficient Of Variation||68.48|
|Total Risk Alpha||0.0329|
Additionally see Investing Opportunities. Please also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.