First Trust Potential Upside
| FEM ETF | | | USD 33.67 -0.03 -0.09% |
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
With Potential Upside at 2.51, First Trust shows modest estimated upside from current levels. First Trust trades near but slightly below the model-derived fair value estimate.
Potential Upside | = | 1PM2PM |
| = | 2.51 | |
| 1PM | = | First upper moment |
| 2PM | = | Second upper moment |
Potential Upside Peers Comparison
First Trust's Potential Upside of 2.51 falls above the 2.25 peer average. Values range from 1.33 (Cambria Foreign Shareholder) to 3.1 (First Trust Mid), with moderate dispersion across the group. First Trust 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 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 shows nearly
2.77 of Maximum Drawdown per unit of Potential Upside (
2.51 versus
6.95 ). This indicates Maximum Drawdown is significantly higher than Potential Upside for First Trust.
Methodology, Assumptions & Data Sources
First Trust's Potential Upside currently stands at 2.51. The Potential Upside for First Trust is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.
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