Sharps Technology Potential Upside
| STSS Stock | | | USD 1.87 -0.01 -0.53% |
Potential Upside is the amount of upward price movement an investor or an analyst expects of a particular equity instrument. Below is Sharps Technology's current Potential Upside with peer comparisons and related risk metrics.
Current Potential Upside Value
At 6.67, Sharps Technology's Potential Upside indicates moderate estimated upside from current levels. Sharps Technology trades below the model-derived fair value estimate by a meaningful margin.
Potential Upside | = | 1PM2PM |
| = | 6.67 | |
| 1PM | = | First upper moment |
| 2PM | = | Second upper moment |
Potential Upside Peers Comparison
Among sector peers, Sharps Technology's Potential Upside of 6.67 is below the 7.91 group average. The range runs from 3.11 (The Joint Corp) to 15.2 (Incannex Healthcare Ltd). Sharps Technology 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 Sharps Technology 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.
Comparing Potential Upside (
6.67 ) to Maximum Drawdown (
22.75 ) for Sharps Technology yields a
3.41 multiple. This indicates Maximum Drawdown is significantly higher than Potential Upside for Sharps Technology.
Methodology, Assumptions & Data Sources
Sharps Technology has a current Potential Upside reading of 6.67. This Potential Upside reading for Sharps Technology results from applying the indicator's calculation rules to price and volume data over the selected window. 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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