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

    F00000PD72 -- India Fund  

    INR 45.78  0.81  1.80%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     45.78 30 days 45.78  ABOUT 30.1%
    Based on normal probability distribution, the odds of Reliance Mid to move above current price in 30 days from now is about 30.1% (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 0.0759 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 The company has an alpha of 0.027 implying that it can potentially generate 0.027% excess return over DOW after adjusting for the inherited market risk (beta).
     Reliance Mid Price Density 
          Price 
    α
    Alpha over DOW
    =0.027008
    β
    Beta against DOW=0.08
    σ
    Overall volatility
    =22.36
    Ir
    Information ratio =0.24

    Reliance Mid Alerts

    Reliance Mid Alerts and Suggestions

    Reliance Mid Small is not yet fully synchronised with the market data
    The fund retains 97.4% of its assets under management (AUM) in equities

    Price Density Drivers

    Reliance Mid Health Indicators

    Additionally see Investing Opportunities. Please also try Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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