Fundamental Income Potential Upside
| NETL Etf | | | USD 24.80 -0.94 -3.65% |
The Potential Upside profile for Fundamental Income Net is based on historical price and volume observations. All inputs reflect available trading data across supported markets. Normalization methods and data feeds may affect reported values. Fundamental Income has a market cap of 3.46 B, operating margin of 8.35%.
Correlation Analysis can help frame allocation decisions. The overview captures current portfolio composition. The data reflects holdings as of the most recent update. All values are based on available data and provided as reference information. A position in Fundamental Income Net appears within the mix. The position is captured in the allocation summary. The relative size of each holding follows the allocation framework. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in real.
Fundamental Income Net has current Potential Upside of 1.39. Potential Upside is the amount of upward price movement an investor or an analyst expects of a particular equity instrument.
Potential Upside | = | 1PM2PM |
| = | 1.39 | |
| 1PM | = | First upper moment |
| 2PM | = | Second upper moment |
Potential Upside Peers Comparison
Potential Upside Relative To Other Indicators
Fundamental Income Net carries a
fifth ranking for potential upside within its ETF group. It is currently under evaluation for maximum drawdown within its ETF group where Maximum Drawdown runs almost
3.02 per Potential Upside. Fundamental Income Net's Maximum Drawdown registers at
3.02 relative to 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 Fundamental Income to Peers
Other Technical Indicators