NEW WORLD Potential Upside

NWDA Stock  EUR 0.64  0.01  1.54%   
NEW WORLD potential-upside technical analysis lookup allows you to check this and other technical indicators for NEW WORLD DEVCO 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
  
NEW WORLD DEVCO has current Potential Upside of 3.37. Potential Upside is the amount of upward price movement an investor or an analyst expects of a particular equity instrument.

Potential Upside

 = 

1PM

2PM

 = 
3.37
1PM = First upper moment
2PM = Second upper moment

NEW WORLD Potential Upside Peers Comparison

NEW Potential Upside Relative To Other Indicators

NEW WORLD DEVCO is regarded second in potential upside category among its peers. It is considered to be number one stock in maximum drawdown category among its peers reporting about  8.32  of Maximum Drawdown per Potential Upside. The ratio of Maximum Drawdown to Potential Upside for NEW WORLD DEVCO is roughly  8.32 
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.
Compare NEW WORLD to Peers

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas