The Key Charts You Need for Australia's Earnings Season

(Bloomberg) -- Here's the key data points to know as Australia's earnings season kicks off:

Stocks With the Most Room to Move

Australia's benchmark index reached a decade high earlier this year, yet analysts are expecting further gains over the coming 12 months. The ASX 200 is seen rising 3.3 percent over the period, according to data compiled by Bloomberg, based on analyst estimates.

Here are the 5 stocks which have the most upside potential, based on analyst estimates, and those with the most downside risk:

Here are the Top 10 stocks with the highest price target for next 12 months:
- CSL - A$196.81
- Cochlear - A$178.76
- Blackmores - A$130.67
- Macquarie Group - A$124.89
- REA Group - A$86.32
- Rio Tinto - A$82.58
- Commonwealth Bank - A$76.53
- Ramsay Health - A$63.20
- Flight Centre - A$56.04
- ASX - A$57.19
Where the Bears Are
Short interest on the ASX 200 has held largely unchanged through most of 2018 at ~2 percent of the index on a weighted basis. Consumer discretionary stocks are among the most shorted as a percentage of equity float.
- Here are the top 5 stocks with the biggest gain in short interest over the past year among most shorted stocks on ASX 200:
  - Afterpay Touch
  - Nufarm
  - Graincorp
  - Technology One
  - Wisetech
- Top 5 stocks with biggest decrease in short interest over past year among most shorted:
  - Corporate Travel Management
  - Automotive Holdings
  - Ardent Leisure
  - Independence Group
  - Mayne Pharma