EDP Renovaveis Potential Upside
| EDPR Stock | | | EUR 13.64 0.27 2.02% |
Observed values used to calculate the Potential Upside technical indicator for EDP Renovaveis. Coverage may vary depending on data feeds and normalization methods.
EDP Renovaveis has current Potential Upside of 3.2. Potential Upside is the amount of upward price movement an investor or an analyst expects of a particular equity instrument.
Potential Upside | = | 1PM2PM |
| = | 3.2 | |
| 1PM | = | First upper moment |
| 2PM | = | Second upper moment |
Potential Upside Peers Comparison
Potential Upside Relative To Other Indicators
EDP Renovaveis earns the top ranking in potential upside relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
3.58 of Maximum Drawdown per Potential Upside. For EDP Renovaveis, Maximum Drawdown stands at
3.58 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 EDP Renovaveis to Peers
Other Technical Indicators