SPDR Kensho Potential Upside
| CNRG ETF | | | USD 104.98 -2.47 -2.30% |
Potential Upside is the amount of upward price movement an investor or an analyst expects of a particular equity instrument. Below is SPDR Kensho's current Potential Upside with peer comparisons and related risk metrics.
Current Potential Upside Value
A Potential Upside of 4.0 for SPDR Kensho signals modest estimated upside from current levels. SPDR Kensho trades near but slightly below the model-derived fair value estimate.
Potential Upside | = | 1PM2PM |
| = | 4.0 | |
| 1PM | = | First upper moment |
| 2PM | = | Second upper moment |
Potential Upside Peers Comparison
Among sector peers, SPDR Kensho's Potential Upside of 4.0 is above the 1.61 group average. The range runs from 0.3613 (AllianzIM Large Cap) to 5.09 (Direxion Daily Healthcare). SPDR Kensho 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 SPDR Kensho 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.
SPDR Kensho records a Potential Upside of
4.00 and a Maximum Drawdown of
9.22 , yielding roughly
2.31 units of Maximum Drawdown per Potential Upside. This indicates Maximum Drawdown is significantly higher than Potential Upside for SPDR Kensho.
Methodology, Assumptions & Data Sources
SPDR Kensho's Potential Upside currently stands at 4.0. Potential Upside for SPDR Kensho is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. The output reflects the selected calculation window — changing the horizon will produce different readings. This ETF metric is provided for analytical reference.
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