SSGA Active Potential Upside

HYBL Etf  USD 28.56  0.02  0.07%   
SSGA Active potential-upside technical analysis lookup allows you to check this and other technical indicators for SSGA Active Trust or any other equities. You can select from a set of available technical 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 to view more equity screening tools
  
SSGA Active Trust has current Potential Upside of 0.2839. Potential Upside is the amount of upward price movement an investor or an analyst expects of a particular equity instrument.

Potential Upside

 = 

1PM

2PM

 = 
0.2839
1PM = First upper moment
2PM = Second upper moment

SSGA Active Potential Upside Peers Comparison

SSGA Potential Upside Relative To Other Indicators

SSGA Active Trust is rated below average in potential upside as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about  1.88  of Maximum Drawdown per Potential Upside. The ratio of Maximum Drawdown to Potential Upside for SSGA Active Trust is roughly  1.88 
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 an investment relative to minimal acceptable return.
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