TD Canadian Potential Upside
| TTP Etf | | | CAD 36.02 -0.65 -1.77% |
This dataset for TD Canadian Equity reflects inputs used in the Potential Upside calculation. This dataset is part of a broader indicator framework including
Equity Screeners. Portfolio design and allocation context appear in
World Market Map. Portfolio-level transparency adds depth to allocation analysis. A position in TD Canadian Equity appears within the mix. The allocation reflects this within the position set. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as various price indices.
TD Canadian Equity has current Potential Upside of 1.41. Potential Upside is the amount of upward price movement an investor or an analyst expects of a particular equity instrument.
Potential Upside | = | 1PM2PM |
| = | 1.41 | |
| 1PM | = | First upper moment |
| 2PM | = | Second upper moment |
Potential Upside Peers Comparison
Potential Upside Relative To Other Indicators
TD Canadian Equity takes the leading position in potential upside against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
3.12 in Maximum Drawdown for each unit of Potential Upside. The spread between Maximum Drawdown and Potential Upside for TD Canadian Equity sits at
3.12 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 TD Canadian to Peers
Other Technical Indicators