Aspire BioPharma Maximum Drawdown
| ASBP Stock | | | 1.13 0.00 0.00% |
Aspire BioPharma maximum drawdown lookup summarizes this and related technical indicators for Aspire BioPharma. Data availability can vary by region and feed;
Equity Screeners provides broader screening access. Aspire BioPharma has a market cap of 6.28 M, operating margin of -590.16%. Use
Trending Equities to explore allocation context. This includes a position in Aspire BioPharma inside the allocation mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
For more detail on how to invest in Aspire Stock please use our
How to Invest in Aspire BioPharma guide.
Aspire BioPharma has current Maximum Drawdown of 66.08. 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) |
| = | 66.08 | |
| MAX | = | Maximum notation for the range of returns on Aspire BioPharma |
Aspire BioPharma Maximum Drawdown Peers Comparison
Aspire Maximum Drawdown Relative To Other Indicators
Aspire BioPharma is ranked
second for maximum drawdown against industry peers. It is currently under evaluation for maximum drawdown against industry peers with Maximum Drawdown measuring nearly
1.00 against 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.
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.