|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 44.99 ||30 days|| 44.99 || ABOUT 15.61%|
Based on normal probability distribution, the odds of Reliance Mid to move above current price in 30 days from now is about 15.61% (This Reliance Mid Small Cap Dir Gr probability density function shows the probability of Reliance Mid Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Reliance Mid Small Cap Dir Gr has beta of -0.1113 suggesting as returns on benchmark increase, returns on holding Reliance Mid are expected to decrease at a much smaller rate. During bear market, however, Reliance Mid Small Cap Dir Gr is likely to outperform the market. Additionally Reliance Mid Small Cap Dir Gr has an alpha of 0.2351 implying that it can potentially generate 0.2351% excess return over DOW after adjusting for the inherited market risk (beta).
Reliance Mid Price Density