AAM/HIMCO SHORT Maximum Drawdown
| ASDAX Fund | | | USD 10.11 -0.01 -0.1% |
Reference data associated with the Maximum Drawdown technical indicator for Aamhimco Short Duration. Coverage may vary across instruments due to feed availability.
Aamhimco Short Duration has current Maximum Drawdown of 0.2972. 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) |
| = | 0.2972 | |
| MAX | = | Maximum notation for the range of returns on AAM/HIMCO SHORT |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
Aamhimco Short Duration is rated
below average in maximum drawdown among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
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.
Compare AAM/HIMCO SHORT to Peers
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