SPDR SSGA Potential Upside
| MYMH ETF | | | 24.54 0.02 0.08% |
Potential Upside is the amount of upward price movement an investor or an analyst expects of a particular equity instrument. Below is SPDR SSGA's current Potential Upside with peer comparisons and related risk metrics.
Current Potential Upside Value
The Potential Upside of 0.1225 for SPDR SSGA indicates modest estimated upside from current levels. SPDR SSGA trades near but slightly below the model-derived fair value estimate.
Potential Upside | = | 1PM2PM |
| = | 0.1225 | |
| 1PM | = | First upper moment |
| 2PM | = | Second upper moment |
Potential Upside Peers Comparison
Relative to peers, SPDR SSGA's Potential Upside is below the group average of 1.24. Peer readings range from 0.0812 (SPDR SSGA My2027) to 3.58 (Strategy Shares ), reflecting wide dispersion across the sector. SPDR SSGA 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 SPDR SSGA 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.
At
0.12 for Potential Upside and
0.57 for Maximum Drawdown, SPDR SSGA's cross-indicator ratio sits almost
4.65 . This indicates Maximum Drawdown is significantly higher than Potential Upside for SPDR SSGA.
Methodology, Assumptions & Data Sources
SPDR SSGA has a current Potential Upside reading of 0.1225. SPDR SSGA'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. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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