Freemelt Holding Potential Upside
| FREEM Stock | | | 1.46 -0.11 -7.01% |
Technical inputs supporting the Potential Upside indicator for Freemelt Holding AB are shown here. Values are derived from historical price and volume observations. Freemelt Holding has a market cap of 243.76 M, operating margin of -32.87%, ROE of -17.3%. Allocation context is available in
Investing Opportunities. The allocation shows a weighting toward Freemelt Holding AB. The position is captured in the allocation summary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
Freemelt Holding AB has current Potential Upside of 8.76. Potential Upside is the amount of upward price movement an investor or an analyst expects of a particular equity instrument.
Potential Upside | = | 1PM2PM |
| = | 8.76 | |
| 1PM | = | First upper moment |
| 2PM | = | Second upper moment |
Potential Upside Peers Comparison
Potential Upside Relative To Other Indicators
Freemelt Holding AB maintains a
fourth standing in potential upside relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
2.25 of Maximum Drawdown per Potential Upside. For Freemelt Holding AB, Maximum Drawdown stands at
2.25 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 Freemelt Holding to Peers
Other Technical Indicators