IDX Alternative Potential Upside
| GLDB ETF | | | USD 24.99 -0.01 -0.04% |
Potential Upside is the amount of upward price movement an investor or an analyst expects of a particular equity instrument. Below is IDX Alternative's current Potential Upside with peer comparisons and related risk metrics.
Current Potential Upside Value
The current Potential Upside of 3.69 places IDX Alternative at modest estimated upside from current levels. IDX Alternative trades near but slightly below the model-derived fair value estimate.
Potential Upside | = | 1PM2PM |
| = | 3.69 | |
| 1PM | = | First upper moment |
| 2PM | = | Second upper moment |
Potential Upside Peers Comparison
IDX Alternative's Potential Upside of 3.69 falls above the 3.3 peer average. Values range from 0.5821 (KraneShares Asia Pacific) to 5.03 (AlphaMark Actively Managed), with wide dispersion across the group. IDX Alternative 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 IDX Alternative 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.
IDX Alternative's Maximum Drawdown of
12.49 runs about
3.38 times its Potential Upside of
3.69 . This indicates Maximum Drawdown is significantly higher than Potential Upside for IDX Alternative.
Methodology, Assumptions & Data Sources
IDX Alternative's Potential Upside currently stands at 3.69. IDX Alternative's Potential Upside is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. 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.
Other Technical Indicators