Global X Potential Upside
| HERO ETF | | | USD 26.62 0.26 0.99% |
Potential Upside is the amount of upward price movement an investor or an analyst expects of a particular equity instrument. Below is Global X's current Potential Upside with peer comparisons and related risk metrics.
Current Potential Upside Value
Global X has a Potential Upside of 1.94, indicating modest estimated upside from current levels. Global X trades near but slightly below the model-derived fair value estimate.
Potential Upside | = | 1PM2PM |
| = | 1.94 | |
| 1PM | = | First upper moment |
| 2PM | = | Second upper moment |
Potential Upside Peers Comparison
The peer group averages 2.04 for Potential Upside, with Global X at 1.94 falling below that level. Readings span 0.7079 (Soundwatch Hedged Equity) to 4.22 (SPDR SAMPP Telecom). Global X 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 Global X 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.
Global X shows nearly
3.00 of Maximum Drawdown per unit of Potential Upside (
1.94 versus
5.83 ). This indicates Maximum Drawdown is significantly higher than Potential Upside for Global X.
Methodology, Assumptions & Data Sources
Global X's Potential Upside currently stands at 1.94. Global X'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. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. Values are specific to the selected time horizon and may differ across measurement periods. This indicator does not constitute investment advice.
Other Technical Indicators