American Century Maximum Drawdown
| AVSD Etf | | | USD 70.97 -2.09 -2.86% |
The Maximum Drawdown indicator for American Century ETF is derived from observed market data. The calculation draws on time-series market data across available periods. Review
Trending Equities for context on portfolio diversification. Portfolio-level transparency adds depth to allocation analysis. The allocation includes a position in American Century ETF. It is distributed across the allocation. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as various price indices.
American Century ETF has current Maximum Drawdown of 5.2. 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) |
| = | 5.2 | |
| MAX | = | Maximum notation for the range of returns on American Century |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
American Century ETF is rated
below average for maximum drawdown among peer ETFs. It is currently under evaluation for maximum drawdown among peer ETFs with a Maximum Drawdown-to-Maximum Drawdown ratio near
1.00 .
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 American Century to Peers
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