CI Canada Potential Upside
| DGRC Etf | | | CAD 51.31 0.37 0.73% |
This dataset for CI Canada Quality reflects inputs used in the Potential Upside calculation. Data availability for the calculation period determines indicator completeness. Review
Investing Opportunities for context on portfolio diversification. Allocation structure reflects how positions are distributed across the portfolio. CI Canada Quality can be evaluated within a portfolio framework for weight and risk impact. Position allocation is driven by the portfolio construction model in use. Broader economic conditions can influence CI Canada Quality's etf valuation — related indicators include
signals in inflation.
CI Canada Quality has current Potential Upside of 1.58. Potential Upside is the amount of upward price movement an investor or an analyst expects of a particular equity instrument.
Potential Upside | = | 1PM2PM |
| = | 1.58 | |
| 1PM | = | First upper moment |
| 2PM | = | Second upper moment |
Potential Upside Peers Comparison
Potential Upside Relative To Other Indicators
CI Canada Quality is rated
below average in potential upside against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
2.83 in Maximum Drawdown for each unit of Potential Upside. The spread between Maximum Drawdown and Potential Upside for CI Canada Quality sits at
2.83 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 CI Canada to Peers
Other Technical Indicators