Almonty Industries Maximum Drawdown
| AII Stock | | | CAD 20.67 0.39 1.92% |
This module presents the Maximum Drawdown indicator for Almonty Industries using available market inputs. The indicator computation uses normalized market activity data. Almonty Industries has a market cap of 6.37 B, operating margin of -123.18%, current ratio of 0.44. Use
Trending Equities to view allocation positioning. Almonty Industries can be tracked within a custom portfolio for ongoing monitoring. All figures are based on reported data and are informational in nature. Broader economic conditions can influence Almonty Industries's company valuation — related indicators include
signals in state.
Almonty Industries has current Maximum Drawdown of 30.21. 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) |
| = | 30.21 | |
| MAX | = | Maximum notation for the range of returns on Almonty Industries |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
Almonty Industries lands at
#2 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 Almonty Industries to Peers
Other Technical Indicators