|Horizon||30 Days Login to change|
Reliance Medium Market Sensitivity
Reliance Medium Term Technical Analysis
Reliance Medium Projected Return Density Against MarketAssuming 30 trading days horizon, Reliance Medium Term Direct Div has beta of -0.0338 suggesting as returns on benchmark increase, returns on holding Reliance Medium are expected to decrease at a much smaller rate. During bear market, however, Reliance Medium Term Direct Div is likely to outperform the market. Moreover, Reliance Medium Term Direct Div has an alpha of 0.1761 implying that it can potentially generate 0.1761% excess return over DOW after adjusting for the inherited market risk (beta).
Reliance Medium Return VolatilityReliance Medium Term Direct Div accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.1967% risk (volatility on return distribution) over the 30 days horizon.