Avacta Group Maximum Drawdown
| AVCTF Stock | | | USD 0.83 -0.05 -5.68% |
Historical market data for Avacta Group Plc forms the basis of the Maximum Drawdown indicator shown here. The indicator computation uses normalized market activity data. Market data gaps can influence the computed indicator values. Avacta Group has a market cap of 613.71 M, operating margin of -3.85%, ROE of -56.33%. See
Trending Equities for portfolio-level analysis. Allocation data is presented for contextual reference. The portfolio reflects a holding in Avacta Group Plc. The position falls within the allocation view. The allocation approach determines the relative weighting of each position. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
Avacta Group Plc has current Maximum Drawdown of 23.52. 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) |
| = | 23.52 | |
| MAX | = | Maximum notation for the range of returns on Avacta Group |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
Avacta Group Plc is rated
below average in maximum drawdown across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
1.00 Maximum Drawdown per 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.
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