|Horizon||30 Days Login to change|
Reliance Health Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|11.12||30 days||11.12||ABOUT 36.96%|
Based on normal probability distribution, the odds of Reliance Health to move above current price in 30 days from now is about 36.96% (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 0.0197 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 The company has an alpha of 0.0414 implying that it can potentially generate 0.0414% excess return over DOW after adjusting for the inherited market risk (beta).
Reliance Health Price Density
|Alpha over DOW||=||0.041383|
|Beta against DOW||=||0.0197|