|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 25.91 ||30 days|| 25.91 || ABOUT 28.77%|
Based on normal probability distribution, the odds of Reliance Regular to move above current price in 30 days from now is about 28.77% (This Reliance Regular Savings Debt Dir Gr probability density function shows the probability of Reliance Regular Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Reliance Regular Savings Debt Dir Gr has beta of -0.024 suggesting as returns on benchmark increase, returns on holding Reliance Regular are expected to decrease at a much smaller rate. During bear market, however, Reliance Regular Savings Debt Dir Gr is likely to outperform the market. Additionally Reliance Regular Savings Debt Dir Gr has an alpha of 0.0633 implying that it can potentially generate 0.0633% excess return over DOW after adjusting for the inherited market risk (beta).
Reliance Regular Price Density
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|Current Price || ||Target Price || |