Arts Way Maximum Drawdown
| ARTW Stock | | | USD 2.20 -0.01 -0.45% |
Reference data associated with the Maximum Drawdown technical indicator for Arts Way Manufacturing Co. Indicator inputs depend on available historical price observations.
Arts Way Manufacturing Co has current Maximum Drawdown of 24.58. 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) |
| = | 24.58 | |
| MAX | = | Maximum notation for the range of returns on Arts Way |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
Arts Way Manufacturing Co is rated
below average for maximum drawdown across the peer group. It is currently under evaluation for maximum drawdown across the peer group reflecting a
1.00 ratio of Maximum Drawdown to 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 Arts Way to Peers
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