| NHYB Etf | | | CAD 21.97 0.08 0.37% |
NBI High potential-upside technical analysis lookup allows you to check this and other technical indicators for NBI High Yield 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
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NBI High Yield has current Potential Upside of 0.6095. Potential Upside is the amount of upward price movement an investor or an analyst expects of a particular equity instrument.
Potential Upside | = | 1PM2PM |
| = | 0.6095 | |
| 1PM | = | First upper moment |
| 2PM | = | Second upper moment |
NBI High Potential Upside Peers Comparison
NBI Potential Upside Relative To Other Indicators
NBI High Yield is regarded
fourth largest ETF in potential upside as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about
2.87 of Maximum Drawdown per Potential Upside. The ratio of Maximum Drawdown to Potential Upside for NBI High Yield is roughly
2.87 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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