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

    F00000H4YX -- India Fund  

    INR 11.28  0.10  0.88%

    Reliance Health probability of target price tool provides mechanism to make assumptions about upside and downside potential of Reliance Health Infrastructure Fund 1 performance during a given time horizon utilizing its historical volatility. Please specify Reliance Health time horizon, a valid symbol (red box) and a target price (blue box) you would like Reliance Health odds to be computed. Additionally see Investing Opportunities.
    Horizon     30 Days    Login   to change
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    Reliance Health Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     11.28 30 days 11.28  ABOUT 34.78%
    Based on normal probability distribution, the odds of Reliance Health to move above current price in 30 days from now is about 34.78% (This Reliance Health Infrastructure Fund 1 probability density function shows the probability of Reliance Health Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Reliance Health has beta of 0.211 suggesting as returns on market go up, Reliance Health average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Reliance Health Infrastructure Fund 1 will be expected to be much smaller as well. Additionally Reliance Health Infrastructure Fund 1 has an alpha of 0.0629 implying that it can potentially generate 0.0629% excess return over DOW after adjusting for the inherited market risk (beta).
     Reliance Health Price Density 
          Price 
    α
    Alpha over DOW
    =0.06
    β
    Beta against DOW=0.21
    σ
    Overall volatility
    =5.05
    Ir
    Information ratio =0.07

    Reliance Health Alerts

    Reliance Health Alerts and Suggestions

    Reliance Health Infr is not yet fully synchronised with the market data
    The fund retains 95.43% of its assets under management (AUM) in equities
    Additionally see Investing Opportunities. Please also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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