RELIANCE HOME (India) Probability of Target Price Finishing Over Current Price

    RHFL -- India Stock  

    INR 48.35  1.65  3.30%

    RELIANCE HOME probability of target price tool provides mechanism to make assumptions about upside and downside potential of RELIANCE HOME FIN performance during a given time horizon utilizing its historical volatility. Please specify RELIANCE HOME time horizon, a valid symbol (red box) and a target price (blue box) you would like RELIANCE HOME odds to be computed. Additionally take a look at Your Equity Center.
    Horizon     30 Days    Login   to change
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    RELIANCE HOME Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     48.35 30 days 48.35  OVER 95.87%
    Based on normal probability distribution, the odds of RELIANCE HOME to move above current price in 30 days from now is over 95.87% (This RELIANCE HOME FIN probability density function shows the probability of RELIANCE HOME Stock to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, the stock has beta coefficient of 2.1095 . This implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, RELIANCE HOME will likely underperform. Additionally RELIANCE HOME FIN has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     RELIANCE HOME Price Density 
          Price 
    α
    Alpha over DOW
    =0.61
    β
    Beta against DOW=2.11
    σ
    Overall volatility
    =5.07
    Ir
    Information ratio =0.06

    RELIANCE HOME Alerts

    RELIANCE HOME Alerts and Suggestions

    RELIANCE HOME FIN is not yet fully synchronised with the market data
    Additionally take a look at Your Equity Center. Please also try Commodity Channel Index module to use commodity channel index to analyze current equity momentum.
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