Overlay Shares Potential Upside
| OVL ETF | | | USD 56.58 -0.01 -0.02% |
Potential Upside is the amount of upward price movement an investor or an analyst expects of a particular equity instrument. Below is Overlay Shares's current Potential Upside with peer comparisons and related risk metrics.
Current Potential Upside Value
The current Potential Upside of 1.55 places Overlay Shares at modest estimated upside from current levels. Overlay Shares trades near but slightly below the model-derived fair value estimate.
Potential Upside | = | 1PM2PM |
| = | 1.55 | |
| 1PM | = | First upper moment |
| 2PM | = | Second upper moment |
Potential Upside Peers Comparison
Overlay Shares's Potential Upside of 1.55 falls below the 1.57 peer average. Values range from 0.3613 (AllianzIM Large Cap) to 4.0 (SPDR Kensho Clean), with wide dispersion across the group. Overlay Shares 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 Overlay Shares 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.
The Maximum Drawdown-to-Potential Upside ratio for Overlay Shares sits near
3.02 , with Potential Upside at
1.55 and Maximum Drawdown at
4.69 . This indicates Maximum Drawdown is significantly higher than Potential Upside for Overlay Shares.
Methodology, Assumptions & Data Sources
The current Potential Upside for Overlay Shares is 1.55. The Potential Upside for Overlay Shares is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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