|ZHDG Etf|| ||USD 17.65 0.02 0.11% |
ZEGA Buy potential-upside technical analysis lookup allows you to check this and other technical indicators for ZEGA Buy And or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners
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ZEGA Buy And has current Potential Upside of 0.9959. Potential Upside is the amount of upward price movement an investor or an analyst expects of a particular equity instrument.
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|1PM|| = ||First upper moment|
|2PM|| = ||Second upper moment|
ZEGA Buy Potential Upside Peers Comparison
ZEGA Potential Upside Relative To Other Indicators
ZEGA Buy And is rated third
in potential upside as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about 2.49
of Maximum Drawdown per Potential Upside. The ratio of Maximum Drawdown to Potential Upside for ZEGA Buy And is roughly 2.49
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.