|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 46.94 ||30 days|| 46.94 || ABOUT 10.8%|
Based on normal probability distribution, the odds of Reliance Mid to move above current price in 30 days from now is about 10.8% (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 has beta of 0.2137 suggesting as returns on market go up, Reliance Mid average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Reliance Mid Small Cap Dir Gr will be expected to be much smaller as well. Additionally Reliance Mid Small Cap Dir Gr has an alpha of 0.2003 implying that it can potentially generate 0.2003% excess return over DOW after adjusting for the inherited market risk (beta).
Reliance Mid Price Density
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|Current Price || ||Target Price || |