Unknown Indicator
Potential Upside In A Nutshell
First, a way to help determine upside potential would be to implement a price target. Now with a price target, there are many different ways to determine this number as there is no set way to calculate that number. Secondly, take a look at the technical analysis on the chart and see where the current support and resistance levels sit. Lastly, integrate the fundamental analysis and technical analysis to formulate your upside potential. There is no one set way to do this, but it is important to establish a realistic number to maybe take profit and move it into another asset because not all companies and products will increase for long periods of time. Diversification is a key aspect to any portfolio.
As simple as the title says, the potential upside is how much further you believe a stock or other asset is going to increase. There are many different ways to calculate this and decide on how much potential there is to the upside, so we will go over several. It may be easy to decide a company will grow and increase in stock value, but how much or how far is a little trickier.
Closer Look at Potential Upside
When using potential upside, there will not be a set number to compare too, but you can gather what may experts and analysts are coming up with to gauge on whether you are in the ball park. Also, the upside potential can be affected by news that is coming up and is always subject to change. Provided nothing catastrophic is hitting the wire, it would be a good idea to find the upside potential and recalculate it semi annually, that way you stay relevant with the current market. If you get stuck are need some help, the internet is a great place to search and if you have the option, join an investing community and bounce ideas off of them as everyone is usually willing to give you advice.
Other Indicators
All Technical Analysis
Generate Optimal Portfolios
Other Complementary Tools
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum |