NGEx Minerals Potential Upside
| NGEX Stock | | | 25.67 -0.87 -3.28% |
This technical indicator view for Potential Upside organizes signals for NGEx Minerals and comparable instruments. Data availability can vary by region and feed;
Equity Screeners provides broader screening access. NGEx Minerals has a market cap of 5.55 B, ROE of -124.43%. See
Correlation Analysis for portfolio-level analysis. This suggests a position in NGEx Minerals inside the allocation 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.
NGEx Minerals has current Potential Upside of 5.08. Potential Upside is the amount of upward price movement an investor or an analyst expects of a particular equity instrument.
Potential Upside | = | 1PM2PM |
| = | 5.08 | |
| 1PM | = | First upper moment |
| 2PM | = | Second upper moment |
NGEx Minerals Potential Upside Peers Comparison
NGEx Potential Upside Relative To Other Indicators
NGEx Minerals is rated
below average in potential upside compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
3.17 in Maximum Drawdown for each unit of Potential Upside. The spread between Maximum Drawdown and Potential Upside for NGEx Minerals sits at
3.17 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.
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