First Trust Potential Upside
| DDIV ETF | | | USD 45.14 -0.29 -0.64% |
Potential Upside is the amount of upward price movement an investor or an analyst expects of a particular equity instrument. Below is First Trust's current Potential Upside with peer comparisons and related risk metrics.
Current Potential Upside Value
The Potential Upside of 1.8 for First Trust indicates modest estimated upside from current levels. First Trust trades near but slightly below the model-derived fair value estimate.
Potential Upside | = | 1PM2PM |
| = | 1.8 | |
| 1PM | = | First upper moment |
| 2PM | = | Second upper moment |
Potential Upside Peers Comparison
Relative to peers, First Trust's Potential Upside is below the group average of 2.27. Peer readings range from 1.04 (Cambria Value and) to 3.51 (KraneShares MSCI Emerging), reflecting wide dispersion across the sector. First Trust 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 First Trust 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.
First Trust produces
3.23 in Maximum Drawdown for each unit of Potential Upside, with respective readings of
5.81 and
1.80 . This indicates Maximum Drawdown is significantly higher than Potential Upside for First Trust.
Methodology, Assumptions & Data Sources
First Trust has a current Potential Upside reading of 1.8. The Potential Upside for First Trust is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. 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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