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

    F00000PD88 -- India Fund  

    INR 25.91  0.01  0.0386%

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

    Current PriceHorizonTarget PriceOdds 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 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.06
    β
    Beta against DOW=0.02
    σ
    Overall volatility
    =10.97
    Ir
    Information ratio =0.56

    Reliance Regular Alerts

    Reliance Regular Alerts and Suggestions

    Reliance Regular Sav generates negative expected return over the last 30 days
    The fund retains about 28.66% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Commodity Channel Index module to use commodity channel index to analyze current equity momentum.
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