First Trust Potential Upside
| FIW ETF | | | USD 107.20 1.56 1.48% |
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
At 1.66, First Trust exhibits modest estimated upside from current levels in Potential Upside. First Trust trades near but slightly below the model-derived fair value estimate.
Potential Upside | = | 1PM2PM |
| = | 1.66 | |
| 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 1.71. Peer readings range from 1.06 (Nuveen ESG Large Cap) to 2.56 (Invesco SAMPP SmallCap), reflecting moderate 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
2.71 in Maximum Drawdown for each unit of Potential Upside, with respective readings of
4.50 and
1.66 . 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 1.66. This Potential Upside reading for First Trust results from applying the indicator's calculation rules to price and volume data over the selected window. 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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