Alumexx NV Maximum Drawdown
| ALX Stock | | | EUR 1.49 -0.01 -0.67% |
The Maximum Drawdown indicator for Alumexx NV is constructed from normalized market data. Values reflect historical observations within the available dataset. The depth of trading history affects the precision of the indicator. Alumexx NV has a market cap of 22.12 M, operating margin of 3.19%, ROE of -12.19%. For allocation context, review
Trending Equities. Allocation details are provided as informational context. This includes a position in Alumexx NV. The allocation reflects this within the position set. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Alumexx NV has current Maximum Drawdown of 12.07. 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) |
| = | 12.07 | |
| MAX | = | Maximum notation for the range of returns on Alumexx NV |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
Alumexx NV earns the top ranking in maximum drawdown relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
1.00 of Maximum Drawdown per 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.
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