New York Maximum Drawdown
| ADAM Stock | | | 7.35 -0.55 -6.96% |
The Maximum Drawdown signal for New York Mortgage reflects patterns observed in trading data. Availability can differ across markets, exchanges, and instruments. New York has a market cap of 664.99 M, operating margin of 48.38%, ROE of 9.69%. See
Trending Equities for portfolio-level analysis. This captures an allocation to New York Mortgage. This is part of the broader portfolio composition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
New York Mortgage has current Maximum Drawdown of 8.8. Maximum Drawdown (or MDD) is another indicator of risk. It is the reduction in asset value after a series of losing trades. This is normally calculated by getting the difference between a relative peaks in equity capital minus a relative trough.
Maximum Drawdown | = | MAX(HIGH - LOW) |
| = | 8.8 | |
| MAX | = | Maximum notation for the range of returns on New York |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
New York Mortgage is rated
below average in maximum drawdown compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
1.00 in Maximum Drawdown for each unit of Maximum Drawdown.
The MDD is one of the most important risk measures. It measures the loss in any losing period and is usually defined as the percent retrenchment from an asset peak value to the valley value. Maximum drawdown encompasses both the period from the peak to the valley (length), and the time from the valley to a new high (recovery). It measures the largest percentage drawdown that has occurred in a given time period.
Compare New York to Peers
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