2023 EFT Potential Upside
| BSMC ETF | | | 38.09 -0.09 -0.24% |
Potential Upside is the amount of upward price movement an investor or an analyst expects of a particular equity instrument. Below is 2023 EFT's current Potential Upside with peer comparisons and related risk metrics.
Current Potential Upside Value
At 1.94, 2023 EFT's Potential Upside indicates modest estimated upside from current levels. 2023 EFT trades near but slightly below the model-derived fair value estimate.
Potential Upside | = | 1PM2PM |
| = | 1.94 | |
| 1PM | = | First upper moment |
| 2PM | = | Second upper moment |
Potential Upside Peers Comparison
Among sector peers, 2023 EFT's Potential Upside of 1.94 is below the 1.97 group average. The range runs from 0.7425 (TrueMark Investments) to 6.74 (WisdomTree Efficient Gold). 2023 EFT shows less 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 2023 EFT 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.
With Potential Upside at
1.94 and Maximum Drawdown at
4.92 , 2023 EFT shows a
2.53 -to-one ratio between these indicators. This indicates Maximum Drawdown is significantly higher than Potential Upside for 2023 EFT.
Methodology, Assumptions & Data Sources
2023 EFT has a current Potential Upside reading of 1.94. The Potential Upside for 2023 EFT 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. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.
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