ALGER HEALTH Potential Upside
| AHSCX Fund | | | USD 13.89 -0.07 -0.50% |
Potential Upside is the amount of upward price movement an investor or an analyst expects of a particular equity instrument. Below is ALGER HEALTH's current Potential Upside with peer comparisons and related risk metrics.
Current Potential Upside Value
The Potential Upside of 1.72 for ALGER HEALTH indicates modest estimated upside from current levels. ALGER HEALTH trades near but slightly below the model-derived fair value estimate.
Potential Upside | = | 1PM2PM |
| = | 1.72 | |
| 1PM | = | First upper moment |
| 2PM | = | Second upper moment |
Potential Upside Peers Comparison
Relative to peers, ALGER HEALTH's Potential Upside is above the group average of 0.32. Peer readings range from 0.2532 (Federated Municipal High) to 0.5487 (Taxable Municipal Bond), reflecting moderate dispersion across the sector. ALGER HEALTH shows greater estimated upside from current levels than the peer average.
Potential Upside Relative To Other Indicators
The chart below plots Potential Upside against Maximum Drawdown for Alger Health and its peers. Each point represents one equity — position along the horizontal axis shows Potential Upside while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
ALGER HEALTH's Maximum Drawdown of
4.13 runs about
2.41 times its Potential Upside of
1.72 . This indicates Maximum Drawdown is significantly higher than Potential Upside for ALGER HEALTH.
Methodology, Assumptions & Data Sources
ALGER HEALTH's Potential Upside currently stands at 1.72. The Potential Upside for ALGER HEALTH applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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