|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 53.25 ||30 days|| 53.25 || ABOUT 92.05%|
Based on normal probability distribution, the odds of RELIANCE HOME to move above current price in 30 days from now is about 92.05% (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, RELIANCE HOME FIN has beta of -0.1805 . This implies as returns on benchmark increase, returns on holding RELIANCE HOME are expected to decrease at a much smaller rate. During bear market, however, RELIANCE HOME FIN is likely to outperform the market. 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
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|Current Price || ||Target Price || |