Sendas Distribuidora Potential Upside

ASAI3 Stock  BRL 7.81  0.09  1.17%   
Reference data associated with the Potential Upside technical indicator for Sendas Distribuidora SA. Coverage may vary across instruments due to feed availability.
Sendas Distribuidora SA has current Potential Upside of 5.09. Potential Upside is the amount of upward price movement an investor or an analyst expects of a particular equity instrument.

Potential Upside

 = 

1PM

2PM

 = 
5.09
1PM = First upper moment
2PM = Second upper moment

Potential Upside Peers Comparison

Potential Upside Relative To Other Indicators

Sendas Distribuidora SA maintains a third standing in potential upside relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding 2.39 of Maximum Drawdown per Potential Upside. For Sendas Distribuidora SA, Maximum Drawdown stands at 2.39 times Potential Upside
Unlike using an educated guess on how high a stock could go calculate potential upside as the greater the potential dollar or percentage rise, the bigger the upside for the investment. Potential Upside is the reciprocal of the Value At Risk measure and can be interpreted as return on an investment relative to minimal acceptable return. Compare Sendas Distribuidora to Peers

Other Technical Indicators