|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 1,035 ||30 days|| 1,035 || ABOUT 32.05%|
Based on normal probability distribution, the odds of Reliance Money to move above current price in 30 days from now is about 32.05% (This Reliance Money Mgr Retl Qtr Div probability density function shows the probability of Reliance Money Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Reliance Money Mgr Retl Qtr Div has beta of -0.0419 . This suggests as returns on benchmark increase, returns on holding Reliance Money are expected to decrease at a much smaller rate. During bear market, however, Reliance Money Mgr Retl Qtr Div is likely to outperform the market. Additionally Reliance Money Mgr Retl Qtr Div has an alpha of 0.0398 implying that it can potentially generate 0.0398% excess return over DOW after adjusting for the inherited market risk (beta).
Reliance Money Price Density