Reliance Money (India) Probability of Target Price Finishing Over Current Price

    111752 -- India Fund  

    INR 1,039  1,039  9,223,372,036,855%

    Reliance Money probability of target price tool provides mechanism to make assumptions about upside and downside potential of Reliance Money Mgr Retl Qtr Div performance during a given time horizon utilizing its historical volatility. Please specify Reliance Money time horizon, a valid symbol (red box) and a target price (blue box) you would like Reliance Money odds to be computed. Check also Trending Equities.
    Horizon     30 Days    Login   to change
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    Reliance Money Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     1,039 30 days 1,039  ABOUT 31.52%
    Based on normal probability distribution, the odds of Reliance Money to move above current price in 30 days from now is about 31.52% (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 has beta of 0.0988 . This suggests as returns on market go up, Reliance Money average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Reliance Money Mgr Retl Qtr Div will be expected to be much smaller as well. Additionally Reliance Money Mgr Retl Qtr Div has an alpha of 0.0105 implying that it can potentially generate 0.0105% excess return over DOW after adjusting for the inherited market risk (beta).
     Reliance Money Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.010531
    β
    Beta against DOW=0.1
    σ
    Overall volatility
    =407.03
    Ir
    Information ratio =0.16

    Reliance Money Alerts

    Reliance Money Alerts and Suggestions

    Reliance Money Mgr has high likelihood to experience some financial distress in the next 2 years
    The fund holds about 60.75% of its total net assets in cash
    Check also Trending Equities. Please also try Coins and Tokens Correlation module to utilize digital token correlation table to build portfolio of cryptocurrencies across multiple exchanges.
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