The Macroaxis Technical Indicators lookup allows users to check a given indicator for any equity or select from a set of available indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners
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The Home Depot Inc has current Potential Upside of 1.02. Potential Upside is the amount of upward price movement an investor or an analyst expects of a particular equity instrument.
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|1PM|| = || First upper moment|
|2PM|| = || Second upper moment|
Potential Upside Comparison
The Home Depot Inc is rated below average
in potential upside category among related companies. It is rated below average
in maximum drawdown category among related companies reporting about 1.82
of Maximum Drawdown per Potential Upside. The ratio of Maximum Drawdown to Potential Upside for The Home Depot Inc is roughly 1.82
Unlike using an educated guess on how high a stock could go calculate potential upside as the greater the potential dollar or percentage rise, the bigger the upside for the investment. Potential Upside is the reciprocal of the Value At Risk measure and can be interpreted as return on investment relative to minimal acceptable return.