6 Meridian Potential Upside
| SIXL ETF | | | USD 38.47 0.20 0.52% |
Potential Upside is the amount of upward price movement an investor or an analyst expects of a particular equity instrument. Below is 6 Meridian's current Potential Upside with peer comparisons and related risk metrics.
Current Potential Upside Value
At 0.9346, 6 Meridian exhibits modest estimated upside from current levels in Potential Upside. 6 Meridian trades near but slightly below the model-derived fair value estimate.
Potential Upside | = | 1PM2PM |
| = | 0.9346 | |
| 1PM | = | First upper moment |
| 2PM | = | Second upper moment |
Potential Upside Peers Comparison
Relative to peers, 6 Meridian's Potential Upside is below the group average of 2.27. Peer readings range from 0.6762 (SEI DBi Multi Strategy) to 4.87 (YieldMax Crypto Industry), reflecting wide dispersion across the sector. 6 Meridian 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 6 Meridian 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 6 Meridian sits near
2.87 , with Potential Upside at
0.93 and Maximum Drawdown at
2.69 . This indicates Maximum Drawdown is significantly higher than Potential Upside for 6 Meridian.
Methodology, Assumptions & Data Sources
6 Meridian's Potential Upside currently stands at 0.9346. The Potential Upside for 6 Meridian is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. Values are specific to the selected time horizon and may differ across measurement periods. This indicator does not constitute investment advice.
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