Global X Potential Upside
| COPP Etf | | | 49.67 2.47 5.23% |
The Potential Upside reading for Global X Copper is computed from historical trading observations. Normalization methods and data feeds may affect reported values. Use
Trending Equities to better understand diversified portfolio construction. Allocation decisions are shaped by the composition and weighting of holdings. Portfolio tools allow users to monitor Global X Copper alongside other positions. Portfolio views show how individual holdings contribute to aggregate returns. Broader economic conditions can influence Global X Copper's etf valuation — related indicators include
signals in inflation.
Global X Copper has current Potential Upside of 4.58. Potential Upside is the amount of upward price movement an investor or an analyst expects of a particular equity instrument.
Potential Upside | = | 1PM2PM |
| = | 4.58 | |
| 1PM | = | First upper moment |
| 2PM | = | Second upper moment |
Potential Upside Peers Comparison
Potential Upside Relative To Other Indicators
Global X Copper lands at
#2 in potential upside against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
2.95 in Maximum Drawdown for each unit of Potential Upside. The spread between Maximum Drawdown and Potential Upside for Global X Copper sits at
2.95 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 Global X to Peers
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