SPDR Barclays Potential Upside
| SPIB ETF | | | USD 33.53 0.12 0.36% |
Potential Upside is the amount of upward price movement an investor or an analyst expects of a particular equity instrument. Below is SPDR Barclays's current Potential Upside with peer comparisons and related risk metrics.
Current Potential Upside Value
SPDR Barclays has a Potential Upside of 0.3025, indicating modest estimated upside from current levels. SPDR Barclays trades near but slightly below the model-derived fair value estimate.
Potential Upside | = | 1PM2PM |
| = | 0.3025 | |
| 1PM | = | First upper moment |
| 2PM | = | Second upper moment |
Potential Upside Peers Comparison
The peer group averages 0.83 for Potential Upside, with SPDR Barclays at 0.3025 falling below that level. Readings span 0.1668 (SPDR Barclays Short) to 2.42 (iShares ESG Aware). SPDR Barclays 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 Barclays 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.
SPDR Barclays's Maximum Drawdown of
0.93 runs about
3.07 times its Potential Upside of
0.30 . This indicates Maximum Drawdown is significantly higher than Potential Upside for SPDR Barclays.
Methodology, Assumptions & Data Sources
The current Potential Upside for SPDR Barclays is 0.3025. Potential Upside for SPDR Barclays is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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