Global X Potential Upside
| RSSL Etf | | | 97.50 0.93 0.96% |
This technical indicator view for Potential Upside organizes signals for Global X Funds and comparable instruments. Some instruments may have limited coverage due to data differences;
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signals in main economic indicators.
Global X Funds has current Potential Upside of 1.49. Potential Upside is the amount of upward price movement an investor or an analyst expects of a particular equity instrument.
Potential Upside | = | 1PM2PM |
| = | 1.49 | |
| 1PM | = | First upper moment |
| 2PM | = | Second upper moment |
Global X Potential Upside Peers Comparison
Global Potential Upside Relative To Other Indicators
Global X Funds 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
4.04 per Potential Upside. Global X Funds's Maximum Drawdown registers at
4.04 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.
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