|Horizon||30 Days Login to change|
Reliance Regular Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|25.86||30 days||25.86||ABOUT 33.84%|
Based on normal probability distribution, the odds of Reliance Regular to move above current price in 30 days from now is about 33.84% (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 -0.0418 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 The company has an alpha of 0.0936 implying that it can potentially generate 0.0936% excess return over DOW after adjusting for the inherited market risk (beta).
Reliance Regular Price Density
|Alpha over DOW||=||0.09|
|Beta against DOW||=||0.04|