| BTCC Etf | | | CAD 18.51 0.17 0.93% |
Purpose Bitcoin potential-upside technical analysis lookup allows you to check this and other technical indicators for Purpose Bitcoin CAD 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 to view more equity screening tools
Purpose Bitcoin CAD has current Potential Upside of 6.29. Potential Upside is the amount of upward price movement an investor or an analyst expects of a particular equity instrument.
Potential Upside | = | 1PM2PM |
| = | 6.29 | |
| 1PM | = | First upper moment |
| 2PM | = | Second upper moment |
Purpose Bitcoin Potential Upside Peers Comparison
Purpose Potential Upside Relative To Other Indicators
Purpose Bitcoin CAD is
third largest ETF in potential upside as compared to similar ETFs. It is
third largest ETF in maximum drawdown as compared to similar ETFs reporting about
2.56 of Maximum Drawdown per Potential Upside. The ratio of Maximum Drawdown to Potential Upside for Purpose Bitcoin CAD is roughly
2.56 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.
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.