MicroSectors FANG Potential Upside
| FNGD ETF | | | USD 39.71 -0.22 -0.55% |
Potential Upside is the amount of upward price movement an investor or an analyst expects of a particular equity instrument. Below is MicroSectors FANG's current Potential Upside with peer comparisons and related risk metrics.
Current Potential Upside Value
MicroSectors FANG's Potential Upside of 7.06 reflects moderate estimated upside from current levels. MicroSectors FANG trades below the model-derived fair value estimate by a meaningful margin.
Potential Upside | = | 1PM2PM |
| = | 7.06 | |
| 1PM | = | First upper moment |
| 2PM | = | Second upper moment |
Potential Upside Peers Comparison
The peer group averages 2.0 for Potential Upside, with MicroSectors FANG at 7.06 falling above that level. Readings span 1.31 (iShares Core Growth) to 3.78 (SPDR SAMPP Metals). MicroSectors FANG 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 MicroSectors FANG 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.
With Potential Upside at
7.06 and Maximum Drawdown at
23.04 , MicroSectors FANG shows a
3.26 -to-one ratio between these indicators. This indicates Maximum Drawdown is significantly higher than Potential Upside for MicroSectors FANG.
Methodology, Assumptions & Data Sources
MicroSectors FANG has a current Potential Upside reading of 7.06. The Potential Upside for MicroSectors FANG applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. 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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