Novabase SGPS Potential Upside
| NBA Stock | | | EUR 9.05 0.20 2.26% |
Novabase SGPS potential upside lookup summarizes this and related technical indicators for Novabase SGPS. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Novabase SGPS has market cap of 128.22 M, P/E of 19.42, operating margin of 7.1%. Use
Correlation Analysis to explore allocation context. This includes a position in Novabase SGPS within the portfolio mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Novabase SGPS has current Potential Upside of 2.34. Potential Upside is the amount of upward price movement an investor or an analyst expects of a particular equity instrument.
Potential Upside | = | 1PM2PM |
| = | 2.34 | |
| 1PM | = | First upper moment |
| 2PM | = | Second upper moment |
Novabase SGPS Potential Upside Peers Comparison
Novabase Potential Upside Relative To Other Indicators
Novabase SGPS maintains a
fourth in Potential Upside in potential upside category among its top compatitors. It is currently under evaluation. in maximum drawdown category among its top compatitors reporting about
3.28 of Maximum Drawdown per Potential Upside. The ratio of Maximum Drawdown to Potential Upside for Novabase SGPS is roughly
3.28 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.
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