Simplify Equity Potential Upside
| SPD ETF | | | USD 39.61 0.29 0.74% |
Potential Upside is the amount of upward price movement an investor or an analyst expects of a particular equity instrument. Below is Simplify Equity's current Potential Upside with peer comparisons and related risk metrics.
Current Potential Upside Value
The current Potential Upside of 1.18 places Simplify Equity at modest estimated upside from current levels. Simplify Equity trades near but slightly below the model-derived fair value estimate.
Potential Upside | = | 1PM2PM |
| = | 1.18 | |
| 1PM | = | First upper moment |
| 2PM | = | Second upper moment |
Potential Upside Peers Comparison
Simplify Equity's Potential Upside of 1.18 falls below the 1.38 peer average. Values range from 0.6466 (FT Cboe Vest) to 2.78 (Advisor Managed Portfolios), with wide dispersion across the group. Simplify Equity 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 Simplify Equity 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.
With Potential Upside at
1.18 and Maximum Drawdown at
3.89 , Simplify Equity shows a
3.29 -to-one ratio between these indicators. This indicates Maximum Drawdown is significantly higher than Potential Upside for Simplify Equity.
Methodology, Assumptions & Data Sources
Simplify Equity has a current Potential Upside reading of 1.18. The Potential Upside for Simplify Equity 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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