BetaPro Gold Potential Upside

GLDU ETF   36.42  -2.94  -7.47%   
Observed values used in the Potential Upside indicator for BetaPro Gold Bullion are included in this dataset. The underlying data comes from exchange-reported trading records. Risk vs Return Analysis provides context for diversified portfolio design. All metrics are derived from available inputs and shown for reference. Including BetaPro Gold Bullion in a portfolio enables allocation and risk analysis. The sizing of each position reflects the chosen allocation strategy. Broader economic conditions can influence BetaPro Gold Bullion's ETF valuation — related indicators include signals in state.
BetaPro Gold Bullion has current Potential Upside of 5.49. Potential Upside is the amount of upward price movement an investor or an analyst expects of a particular equity instrument.

Potential Upside

 = 

1PM

2PM

 = 
5.49
1PM = First upper moment
2PM = Second upper moment

Potential Upside Peers Comparison

Potential Upside Relative To Other Indicators

BetaPro Gold Bullion lands at #3 in potential upside against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing 5.17 in Maximum Drawdown for each unit of Potential Upside. The spread between Maximum Drawdown and Potential Upside for BetaPro Gold Bullion sits at 5.17
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 BetaPro Gold to Peers

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