UBS ETF Potential Upside

SPESGE Etf   23.07  0.28  1.23%   
Reference data associated with the Potential Upside technical indicator for UBS ETF plc. Coverage may vary across instruments due to feed availability.
UBS ETF plc has current Potential Upside of 1.23. Potential Upside is the amount of upward price movement an investor or an analyst expects of a particular equity instrument.

Potential Upside

 = 

1PM

2PM

 = 
1.23
1PM = First upper moment
2PM = Second upper moment

Potential Upside Peers Comparison

Potential Upside Relative To Other Indicators

UBS ETF plc is rated below average in potential upside compared to similar ETFs. It is currently under evaluation in maximum drawdown compared to similar ETFs reporting about 3.07 of Maximum Drawdown per Potential Upside. At 3.07 , UBS ETF plc's Maximum Drawdown-to-Potential Upside multiple reflects the spread between these metrics
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 UBS ETF to Peers

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