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
Trending Themes
If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment. | Investor Favorites Invested over 70 shares | |
 | Manufacturing Invested over 40 shares | |
 | Power Assets Invested over 200 shares | |
 | Banking Invested over 30 shares | |
 | Cash Cows Invested few shares | |
 | Momentum Invested over 200 shares | |
 | Macroaxis Index Invested few shares | |
Other Complementary Tools
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |