Amarc Resources Potential Upside
| AXREF Stock | | | USD 0.61 -0.03 -4.69% |
Historical market data for Amarc Resources forms the basis of the Potential Upside indicator shown here. The indicator computation uses normalized market activity data. Amarc Resources has a market cap of 22.13 M, ROE of 1.76%. Use
Trending Equities to view allocation positioning. Allocation details are provided as informational context. The portfolio reflects a holding in Amarc Resources. The weighting is visible within the allocation breakdown. The relative size of each holding follows the allocation framework. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
Amarc Resources has current Potential Upside of 4.6. Potential Upside is the amount of upward price movement an investor or an analyst expects of a particular equity instrument.
Potential Upside | = | 1PM2PM |
| = | 4.6 | |
| 1PM | = | First upper moment |
| 2PM | = | Second upper moment |
Potential Upside Peers Comparison
Potential Upside Relative To Other Indicators
Amarc Resources is rated
below average in potential upside across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
4.79 Maximum Drawdown per unit of Potential Upside. Amarc Resources carries a
4.79 x Maximum Drawdown-to-Potential Upside ratio
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 Amarc Resources to Peers
Other Technical Indicators